External Merchandise Trade Statistics for October 2009

Information from the Statistics and Census Service (DSEC) indicated that the value of total exports of goods amounted to MOP583 million in October 2009, down by 49.8% year-on-year, with the value of domestic exports falling by 71.8% to MOP181 million and that of re-exports dropping by 22.6% to MOP402 million. The value of total imports of goods amounted to MOP3.17 billion, down by 11.6% year-on-year. A trade deficit of MOP2.59 billion was recorded for October 2009. From January to October 2009, total value of merchandise exports fell by 54.7% year-on-year to MOP6.36 billion, of which the value of domestic exports and re-exports declined by 69.7% and 31.7% respectively; meanwhile, total value of merchandise imports slid by 18.5% to MOP29.62 billion. The trade deficit for the first ten months of 2009 widened by 4.2% year-on-year to MOP23.26 billion; the exports/imports ratio went down by 17.1 percentage points to 21.5%. Analyzed by destination of Macao’s exports, in the first ten months of 2009, the value of merchandise exports to the USA, the EU and Mainland China decreased by 79.6%, 59.5% and 45.4% respectively year-on-year. The value of Textile & garment exports declined by 73.1% year-on-year to account for 34.6% of the total exports of goods; meanwhile, the value of Non-textile exports dropped by 29.1%. Regarding the country of origin of imported goods, the value of merchandise imports from Mainland China dropped by 37.1% year-on-year, but that from the EU rose by 5.1%. The value of imports by Broad Economic Category registered year-on-year decrease, of which Raw materials & semi-manufactures and Fuels & lubricants fell by 40.4% and 25.3% respectively; meanwhile, the value of imports of Consumer goods recorded a mild decrease of 5.2%, with that of Food & beverages rising by 17.4%.

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