External merchandise trade statistics for February 2020


Information from the Statistics and Census Service (DSEC) indicated that the demand for imported goods dropped owing to a decline in economic activity in Macao in February 2020 amid the epidemic of novel coronavirus pneumonia. Therefore, total merchandise import fell by 30.3% year-on-year to MOP3.87 billion in February, the lowest single-month figure since March 2011. Imports of Gold jewellery, Mobile phones and Watches plunged by 73.9%, 68.3% and 57.9% respectively; meanwhile, imports of Other textile made-up articles, which comprised mostly face masks, jumped by 854.6% and imports of Pharmaceutical products increased by 57.6%. Total merchandise export amounted to MOP911 million, down by 1.4% year-on-year. Value of re-exports (MOP841 million) went down by 0.8%, with that of Diamond & diamond jewellery reducing by 48.0%. Value of domestic exports (MOP70 million) fell by 8.0%, with that of Tobacco dropping by 41.9%. Merchandise trade deficit in February totalled MOP2.96 billion.

From January to February this year, total value of merchandise export dipped by 16.0% year-on-year to MOP2.06 billion, of which value of re-exports (MOP1.84 billion) dropped by 17.8% but that of domestic exports (MOP223 million) grew by 3.7%. Total value of merchandise import declined by 14.1% year-on-year to MOP12.32 billion. Merchandise trade deficit totalled MOP10.26 billion for the first two months of 2020, a decrease of MOP1.64 billion from MOP11.90 billion a year earlier.

Analysed by destination, merchandise export to mainland China dropped by 15.2% year-on-year to MOP224 million from January to February 2020, of which exports to the Nine Provinces of the Pan Pearl River Delta (MOP212 million) declined by 16.5%. Exports to Hong Kong (MOP1.43 billion) fell by 18.8% year-on-year, whereas exports to the USA (MOP59 million) and the EU (MOP29 million) expanded by 68.0% and 29.3% respectively. Exports to the Belt and Road Countries (MOP61 million) soared by 141.3% year-on-year, while exports to the Portuguese-speaking Countries (MOP43 thousand) tumbled by 83.0%. Exports of Textiles & garments surged by 91.0% year-on-year to MOP246 million while exports of Non-textiles dropped by 21.9% to MOP1.81 billion.

By place of origin, merchandise import from mainland China (MOP4.05 billion) and the EU (MOP3.71 billion) decreased by 17.2% and 8.9% respectively year-on-year in the first two months of 2020. On the other hand, imports from the Belt and Road Countries (MOP2.59 billion) leapt by 95.1%, while imports from the Portuguese-speaking Countries (MOP130 million) shrank by 19.2%. Analysed by place of consignment, merchandise import from mainland China slid by 4.1% year-on-year to MOP1.93 billion, of which imports from the Nine Provinces of the Pan Pearl River Delta (MOP1.89 billion) fell by 2.6%. Imports of Consumer goods went down by 13.3% to MOP8.80 billion, with imports of Garments & footwear (MOP1.23 billion) and Watches (MOP829 million) falling by 25.7% and 24.9% respectively; in addition, imports of Fuels & lubricants (MOP949 million), Mobile phones (MOP569 million) and Construction materials (MOP202 million) recorded decreases of 9.1%, 46.2% and 0.7% respectively.

External merchandise trade totalled MOP14.38 billion from January to February 2020, down by 14.4% compared with MOP16.81 billion a year earlier.



Is there anything wrong with this page?

Help us improve GOV.MO

* Mandatory field

Send

All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.