External merchandise trade statistics for April 2025

MACAU, May 28 - Information from the Statistics and Census Service (DSEC) indicated that total merchandise exports and imports amounted to MOP1.12 billion and MOP10.53 billion respectively in April 2025, down by 7.7% and 4% year-on-year. Merchandise trade deficit totalled MOP9.4 billion. From January to April this year, total value of merchandise exports rose by 2.4% year-on-year to MOP4.62 billion, while total value of merchandise imports dropped by 5.4% to MOP40.78 billion. Merchandise trade deficit totalled MOP36.16 billion in the first four months, down by MOP2.42 billion from the same period last year (MOP38.58 billion).

In comparison with April 2024, value of re-exports declined by 7.8% to MOP1.01 billion in April this year, of which re-exports of Jewellery slid by 48.9%, while those of Wine and Beauty, cosmetic & skincare products surged by 58.8% and 46.6% respectively. Value of domestic exports went down by 7.1% to MOP109 million, of which domestic exports of Bread, pastry, cakes, biscuits & other bakers' wares and Pharmaceutical products & organic chemicals fell by 63.7% and 39.6% respectively, while those of Garments increased by 28%. Meanwhile, total merchandise imports decreased by 4% year-on-year; imports of Construction materials and Handbags & wallets reduced by 38.8% and 30.2% respectively, whereas imports of Optical instruments and Mobile phones showed respective growth of 67.3% and 29.5%.

External merchandise trade totalled MOP45.39 billion from January to April 2025, down by 4.6% compared to the same period last year (MOP47.6 billion). Total value of merchandise exports grew by 2.4% year-on-year, of which value of re-exports (MOP4.16 billion) and domestic exports (MOP454 million) increased by 2.5% and 0.7% respectively. Total value of merchandise imports dropped by 5.4% year-on-year.

Analysed by destination, merchandise exports to the Hong Kong Special Administrative Region (Hong Kong SAR) (MOP3.52 billion) and the USA (MOP78 million) went up by 13.3% and 18.1% respectively year-on-year in the first four months of 2025, whereas exports to mainland China (MOP241 million), the Belt and Road Countries (MOP96 million) and the EU (MOP62 million) slid by 1.6%, 74.8% and 28.4% respectively. Analysed by commodity, exports of Textiles & garments increased by 8.7% year-on-year to MOP504 million, and exports of Non-textiles expanded by 1.6% to MOP4.11 billion.

By place of origin, merchandise imports from the EU (MOP12.37 billion), mainland China (MOP11.98 billion) and the Belt and Road Countries (MOP9.51 billion) decreased by 7.5%, 1.5% and 3% respectively year-on-year in the first four months of 2025, while those from Japan (MOP2.99 billion) increased by 5.5%. Analysed by place of consignment, merchandise imports from mainland China (MOP6.09 billion) and the Hong Kong SAR (MOP32.48 billion) fell by 6.8% and 5.2% respectively year-on-year. In terms of commodity, imports of Consumer goods went down by 5.4% to MOP30.13 billion, of which imports of Garments & footwear (MOP4.11 billion) and Gold jewellery (MOP3.94 billion) shrank by 8.2% and 4.7% respectively, while imports of Food & beverages (MOP7.66 billion) rose by 11.1%. Imports of Fuels & lubricants (MOP2.13 billion), Mobile phones (MOP962 million) and Construction materials (MOP453 million) declined by 6.1%, 21.5% and 41.7% respectively.