Government of Macao Special Administrative Region Statistics and Census Service
EXTERNAL TRADE STATISTICS
FEBRUARY/2003 No. 2
In February 2003, total export value of Macao amounted to MOP784 million, less 12.9% over a year earlier. Among this, value of domestic exports decreased by 25.0% to MOP534 million, while that of re-exports increased by 33.1% to MOP250 million. Concurrently, import value amounted to MOP1.09 billion, up 18.2% over a year earlier. Taking exports and imports together, a trade deficit of MOP304 million was recorded.
For the period of January - February 2003, the value of total exports showed a year-on-year increase of 8.5% to MOP2.56 billion. Among this, the value of domestic exports increased by 7.9%, whereas the value of re-exports also rose by 10.8%. Meanwhile, the value of imports amounted to MOP2.73 billion, increased 9.2% over a year earlier.
Table 1
PRINCIPAL INDICATORS OF EXTERNAL TRADE
MOP thousand
2002 2003 Year-on-year
% change Principal indicator
February Jan. - Feb. February Jan. - Feb. February Jan. - Feb.
1 2 3 4 5 6 7
Exports 900 359 2 358 967 784 284 2 559 305 -12.9 8.5
Domestic exports 712 656 1 896 369 534 426 2 046 549 -25.0 7.9
Re-exports 187 703 462 598 249 858 512 757 33.1 10.8
Imports 920 814 2 495 938 1 088 150 2 726 427 18.2 9.2
Trade balance a - 20 455 - 136 971 - 303 866 - 167 122 -1 385.5 -22.0
Exports/Imports ratio 97.8 94.5 72.1 93.9 . . . .
a Trade balance is the difference between the export and import values.
Note: Due to rounding, the totals may not correspond to the sums of the partial figures.
During the first two months of 2003, the trade balance of Macao stood at a deficit of nearly MOP167 million. At the same time, the exports/imports ratio decreased from 94.5% a year earlier to 93.9% in corresponding period of 2003.
For the period of January - February 2003, the value of Textile & garment exports, which accounted for 79.5% of the total export value, increased by 6.9% over a year earlier. On the other hand, the value of Non-textile also went up by 15.1%. The major components of non-textile, namely Machines and apparatus, parts & accessories thereof and Footwear registered increases of 41.8% and 3.5%
respectively.
Official Statistics. Reproduction of these data is allowed provided the source is quoted.
Statistics and Census Service
17th floor , " Dynasty Plaza" Bldg., 411-417 Alameda Dr. Carlos d´Assumpção, Macao Tel: 3995311 Fax: 307825 Printed in March 2003
E-Mail: info@dsec.gov.mo Homepage: http://www.dsec.gov.mo
1
EXTERNAL TRADE STATISTICS FEBRUARY/2003 DSEC No. 2 _____________________________________________________________________________________________
Table 2
EXPORTS BY PRINCIPAL COMMODITY
MOP thousand
2002 2003 Year-on-year
Principal commodity
Jan. - Feb. Structure % Jan. - Feb. Structure % % change
1 2 3 4 5 6
Total 2 358 967 100.0 2 559 305 100.0 8.5
Textile and garment 1 902 362 80.6 2 033 971 79.5 6.9
Garment of:
Knitted fabrics 895 623 38.0 933 969 36.5 4.3
Non-knitted fabrics 713 756 30.3 843 634 33.0 18.2
Textile fabrics 182 045 7.7 168 360 6.6 -7.5
Textile yarn and threads 71 282 3.0 59 243 2.3 -16.9
Others 39 656 1.7 28 765 1.1 -27.5
Non-textile 456 605 19.4 525 334 20.5 15.1
Machines and apparatus; 56 644 2.4 80 315 3.1 41.8
parts and accessories thereof
Footwear 121 678 5.2 125 984 4.9 3.5
Cements 5 644 0.2 5 727 0.2 1.5
Others 272 639 11.6 313 308 12.2 14.9
Note: Due to rounding, the totals may not correspond to the sums of the partial figures.
The USA and the EU remained as Macao’s two largest export markets, adding up to contribute to 73.0% of the total export value. Among this, exports to the USA, which took up 49.9% of the total export value, increased by 15.5% over a year earlier. At the same time, exports to the EU, which took up 23.1%, decreased by 1.9%. Turning to the Asian markets, Mainland China and Hong Kong added up to absorb 18.3% of the total export value. Comparing with same period of 2002, the value of exports to Mainland China decreased by 6.2%, while that to Hong Kong recorded an increase of 18.3%.
Table 3
EXPORTS BY MAIN COUNTRY/ TERRITORY
MOP thousand
Main country/ 2002 2003 Year-on-year
territory Jan. - Feb. Structure % Jan. - Feb. Structure % % change
1 2 3 4 5 6
Total 2 358 967 100.0 2 559 305 100.0 8.5
EU 602 611 25.5 591 022 23.1 -1.9
Germany 192 209 8.1 223 048 8.7 16.0
United Kingdom 137 242 5.8 94 514 3.7 -31.1
France 69 371 2.9 66 186 2.6 -4.6
Portugal 6 249 0.3 2 657 0.1 -57.5
USA 1 105 525 46.9 1 276 850 49.9 15.5
Mainland China 324 216 13.7 304 253 11.9 -6.2
Hong Kong 138 679 5.9 164 034 6.4 18.3
Taiwan 21 054 0.9 14 772 0.6 -29.8
Japan 15 420 0.7 23 237 0.9 50.7
Australia 2 514 0.1 2 988 0.1 18.9
Others 148 948 6.3 182 149 7.1 22.3
Note: Due to rounding, the totals may not correspond to the sums of the partial figures.
2
No. 2 DSEC FEBRUARY/2003 EXTERNAL TRADE STATISTICS _____________________________________________________________________________________________
For the period of January - February 2003, Macao’s import value increased by 9.2% over a year earlier. Analysis by broad economic category showed that increases were registered for Fuels &
lubricants (+21.5%), Consumer goods (+17.0%) and Raw materials & semi-manufactures (6.5%).
On the contrary, decrease in Capital goods was recorded at 8.4%.
Table 4
IMPORTS BY BROAD ECONOMIC CATEGORY
MOP thousand
Broad economic 2002 2003 Year-on-year
category Jan. - Feb. Structure % Jan. - Feb. Structure % % change
1 2 3 4 5 6
Total 2 495 938 100.0 2 726 427 100.0 9.2
Consumer goods 958 820 38.4 1 121 583 41.1 17.0
Raw materials and 948 298 38.0 1 009 501 37.0 6.5
semi-manufactures
Fuels and lubricants 187 436 7.5 227 713 8.4 21.5
Capital goods 401 384 16.1 367 629 13.5 -8.4
Note: Due to rounding, the totals may not correspond to the sums of the partial figures.
Meanwhile, Macao’s main suppliers of imported goods still concentrated in the Asian region.
Among them, Mainland China and Hong Kong occupied 50.6% of the total import value. Comparing with the same period of 2002, the values of imports from Mainland China and Hong Kong increased by 11.0% and 2.7% respectively. On the other hand, increases were registered in the values of imports from both the EU (+10.6%) and the USA (+12.3%); they accounted for 15.4% and 4.5% of the total import value respectively.
Table 5
IMPORTS BY MAIN COUNTRY/TERRITORY
MOP thousand
Main country/ 2002 2003 Year-on-year
territory Jan. - Feb. Structure % Jan. - Feb. Structure % % change
1 2 3 4 5 6
Total 2 495 938 100.0 2 726 427 100.0 9.2
EU 379 235 15.2 419 576 15.4 10.6
France 139 013 5.6 146 834 5.4 5.6
United Kingdom 69 342 2.8 63 434 2.3 -8.5
Germany 41 088 1.6 89 677 3.3 118.3
Portugal 10 789 0.4 11 842 0.4 9.8
USA 109 556 4.4 122 977 4.5 12.3
Mainland China 905 265 36.3 1 004 639 36.8 11.0
Hong Kong 365 900 14.7 375 763 13.8 2.7
Taiwan 107 387 4.3 158 684 5.8 47.8
Republic of Korea 197 174 7.9 98 588 3.6 -50.0
Japan 166 497 6.7 250 888 9.2 50.7
Australia 34 070 1.4 43 584 1.6 27.9
Others 230 854 9.2 251 728 9.2 9.0
Note: Due to rounding, the totals may not correspond to the sums of the partial figures.
3
EXTERNAL TRADE STATISTICS FEBRUARY/2003 DSEC No. 2 _____________________________________________________________________________________________
Available tables
Table 1 - Imports and exports - monthly figures
Table 2 - Domestic exports and re-exports - monthly figures
Table 3 - Imports by section and division of SITC-Rev.3, and country/territory of origin Table 4 - Exports by section and division of SITC-Rev.3, and country/territory of destination
Table 5 - Domestic exports by section and division of SITC-Rev.3, and country/territory of destination Table 6 - Re-exports by section and division of SITC-Rev.3, and country/territory of destination Table 7 - Imports by country/territory of origin, and section and division of SITC-Rev.3 Table 8 - Exports by country/territory of destination and principal commodity
Table 9 - Domestic exports by country/territory of destination and principal commodity Table 10 - Re-exports by country/territory of destination and principal commodity Table 11 - Principal indicators of external trade
Table 12 - Imports and exports by geographical/economic zone and statistical country/territory
Table 13 - Domestic exports and re-exports by geographical/economic zone and statistical country/territory Table 14 - Imports by broad economic category and country/territory of origin
Table 15 - Exports by principal commodity and country/territory of destination
Table 16 - Domestic exports by principal commodity and country/territory of destination Table 17 - Re-exports by principal commodity and country/territory of destination
* Table 18 - Quarterly exports by principal commodity and country/territory of destination
* Table 19 - Quarterly domestic exports by principal commodity and country/territory of destination
* Table 20 - Quarterly re-exports by principal commodity and country/territory of destination
* Table 21 - Quarterly imports by broad economic category and country/territory of origin
* Table 22 - Exports by group of CAM-Rev.1
* Table 23 - Domestic exports by group of CAM-Rev.1
* Table 24 - Re-exports by group of CAM-Rev.1
*Tables are available only in March, June, September and December.
4
