The United States, the world’s largest importer before China and Germany and the world's second largest exporter after China and before Germany, accounted for merely 4.6 percent of Macau’s external merchandise trade in the first two months of this year, according to the latest data released by the Macau Statistics and Census Bureau (DSEC) last week.
According to DSEC statistics, Macau’s total merchandise trade (exports + imports of goods) with the US amounted to 1.025 billion patacas (US$128 million) in January and February. Macau’s exports to the US dipped 4.8 percent year on year to 32.5 million patacas, accounting for 1.4 percent of Macau’s total value of exports during the two-month period. Macau’s imports from the US dropped 21.0 percent to 992.9 million patacas, or 5.0 percent of Macau’s total value of imports, in January and February.
In 2024, the US accounted for 2.2 percent of Macau’s merchandise exports and 5.8 percent of Macau’s merchandise imports.
Macau’s main exports market in the first two months of the year continued to be Hong Kong and the Chinese mainland. Most of its imports originated from mainland China (29.5 percent), France (15.5 percent) and Italy (11.5 percent).
Macau’s total value of exports rose 13.8 percent year on year to 2.37 billion patacas in January and February, of which 90.6 percent were reexports. Imports decreased 5.0 percent to 19.88 billion patacas. Food & beverages, garments & footwear, and gold jewellery were Macau’s three top import segments. Imports accounted to 89.3 percent of Macau's external merchandise trade in the first two months of the year.
The Macau Special Administrative Region (MSAR) is a free port and separate customs territory of the People’s Republic of China (PRC). The MSAR is a member of the World Trade Organisation (WTO) and World Customs Organisation (WCO). As a member of international organisations, Macau is officially called “Macao, China”.
