External Merchandise Trade Statistics for November 2009

Information from the Statistics and Census Service (DSEC) indicated that the value of total exports of goods amounted to MOP635 million in November 2009, down by 40.4% year-on-year, with the value of domestic exports falling by 65.4% to MOP195 million and that of re-exports dropping by 12.5% to MOP440 million. The value of total imports of goods registered an increase for the first time in 2009, up slightly by 0.4% to MOP3.41 billion, attributable to a 42.0% surge of the consumer durables, namely jewellery, watches and etc.. A trade deficit of MOP2.78 billion was recorded for November 2009. From January to November 2009, total value of merchandise exports fell by 53.7% year-on-year to MOP6.99 billion, of which the value of domestic exports and re-exports declined by 69.5% and 30.1% respectively; meanwhile, total value of merchandise imports slid by 16.9% to MOP33.03 billion. The trade deficit for the first eleven months of 2009 widened by 5.6% year-on-year to MOP26.04 billion; the exports/imports ratio went down by 16.8 percentage points year-on-year to 21.2%. Analyzed by destination of Macao’s exports, in the first eleven months of 2009, the value of merchandise exports to the USA, the EU and Mainland China decreased by 79.6%, 60.1% and 44.5% respectively year-on-year. The value of Textile & garment exports declined by 73.1% year-on-year to account for 33.4% of the total exports of goods; meanwhile, the value of Non-textile exports dropped by 27.5%. Regarding the country of origin of imported goods, the value of merchandise imports from Mainland China dropped by 35.2% year-on-year, but that from the EU rose by 8.8%. The value of imports by Broad Economic Category registered year-on-year decrease, of which Raw materials & semi-manufactures and Fuels & lubricants fell by 39.1% and 24.0% respectively; meanwhile, the value of imports of Consumer goods recorded a mild decrease of 2.5%, with that of Food & beverages rising by 17.3%.

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