Exports drop, imports rise in 2023
Macau exports fell 1.3 percent year-on-year to 13.3 billion patacas in 2023, while imports rose 1.2 percent to 141.4 billion patacas, resulting in a merchandise trade balance deficit of 128.1 billion patacas, the Statistics and Census Bureau (DSEC) announced yesterday. Re-exports accounted for 88.3 percent of all exports.Food & beverages (23.68 billion patacas), gold jewellery (14.46 billion patacas), garments and footwear (13.37 billion patacas), and beauty & cosmetic/skincare