Vehicle imports fall 55 pct in Jan-Sept

2016-10-31 08:00
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Macau’s motor car and motorbike imports fell 55.6 percent year-on-year to 911 million patacas in the first nine months of the year, the Statistics and Census Bureau (DSEC) announced yesterday. 

Mobile phone imports fell 44.9 percent to 3.06 billion patacas. Watch imports dropped 31.9 percent to 3.3 billion patacas. Gold jewellery imports decreased 31.4 percent to 4.2 billion patacas.

Food and beverage imports shrank by 5.2 percent to 8.5 billion patacas. 

Total imports fell 17.8 percent to 52.2 billion patacas. Total exports decreased 5.2 percent to 7.7 billion patacas, resulting in an external merchandise trade deficit to 44.5 billion patacas. Re-exports accounted for 80.8 percent of all exports.

Hong Kong and mainland China took up 55.6 percent and 17.3 percent of all exports respectively. The EU and US accounted for a mere 1.8 percent and 1.4 percent of all of Macau’s exports respectively. 

Mainland China and Hong Kong together supplied 44.9 percent of Macau’s imports in the first nine months.  


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