Macau's imports rose by 56.6 percent year-on-year to 13.4 billion patacas (US$1.67 billion) in November, the Statistics and Census (DSEC) has announced.
According to a DSEC statement earlier this week, imports of handbags and wallets increased by 78.6 percent to 684 million patacas. Imports of watches grew by 44.5 percent to 725 million patacas, while imports of construction materials rose by 32.1 percent to 229 million patacas.
Total merchandise exports decreased by 15.7 percent year-on-year to 957 million patacas in November. Re-exports accounted for 84.6 percent of all exports.
In the first 11 months of 2020, merchandise exports fell by 17.9 percent to 9.6 billion patacas, while imports dipped 0.5 percent to 80.79 billion patacas, resulting in a merchandise trade balance deficit of 71.2 billion patacas.
Most of Macau's imports between January and November originated from the Chinese mainland (29.4 percent of the total), France (16.7 percent) and Japan (11.0 percent).
Some 68.5 percent and 15.4 percent of all exports were shipped to Hong Kong and mainland China respectively.
