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Trade

Macao's merchandise export edges up by 2.5 pct in July

September 01, 2020


Abstract : The total merchandise export from Macao amounted to 1.07 billion patacas (about 134.17 million U.S. dollars), up by 2.5 percent year-on-year, the special administrative region (SAR)'s statistic department said here on Monday.

MACAO, Aug. 31 (Xinhua) -- The total merchandise export from Macao amounted to 1.07 billion patacas (about 134.17 million U.S. dollars), up by 2.5 percent year-on-year, the special administrative region (SAR)'s statistic department said here on Monday.

The latest report from the Statistics and Census Service (DSEC) indicated that the value of domestic exports expanded by 24.9 percent to 155 million patacas (about 19.44 million dollars).

Meanwhile, the value of re-exports went down by 0.5 percent to 913 million patacas (about 114.48 million dollars), with that of articles for casino falling by 83.2 percent.

From January to July of 2020, the total value of merchandise export decreased by 17.0 percent year-on-year to 6.18 billion patacas (about 774.92 million dollars).

The value of re-exports dropped by 19.8 percent to 5.33 billion patacas (about 668.34 million dollars), but that of domestic exports grew by 6.8 percent to 852 million patacas (about 106.83 million dollars).

Analyzed by destination, merchandise export to Hong Kong SAR and the European Union from January to July of 2020 declined by 16.2 percent and 4.4 percent respectively year-on-year to 4.10 billion patacas (about 514.11 million dollars) and 115 million patacas (about 14.42 million dollars).

Meanwhile, exports to the mainland rose by 18.0 percent to 1.10 billion patacas (about 137.93 million dollars).

In the first seven months of 2020, exports of textiles and garments grew by 71.9 percent year-on-year to 950 million patacas (about 119.12 million dollars), while exports of non-textiles went down by 24.1 percent to 5.23 billion patacas (about 655.80 million dollars). Enditem

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Keyword: export Macao

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