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EXTERNAL MERCHANDISE TRADE STATISTICS SEPTEMBER/2008 No. 9

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Government of Macao Special Administrative Region Statistics and Census Service

EXTERNAL MERCHANDISE TRADE STATISTICS

SEPTEMBER/2008 No. 9

The value of total imports and exports of goods registered year-on-year decreases in September 2008.

The value of total exports of goods amounted to MOP1.44 billion, down by 19.5% year-on-year; the value of domestic exports decreased by 33.4% to MOP772 million, but that of re-exports increased by 6.0% to MOP670 million. The value of total imports of goods amounted to MOP3.59 billion, down by 1.4% year-on- year.A trade deficit of MOP2.15 billion was recorded for September 2008.

From January to September 2008, total exports of goods fell by 13.9% year-on-year to MOP12.89 billion, with the value of domestic exports and re-exports declining by 19.2% and 4.1% respectively.

Meanwhile, total imports of goods grew by 3.9% to MOP32.77 billion over the same period of 2007.

In the first nine months of 2008, the trade deficit was widened to MOP19.88 billion; the exports/imports ratio decreased from 47.5% in the first nine months of 2007 to 39.3% in the same period of 2008.

In the third quarter of 2008, the value of total exports and imports went down by 19.6% and 1.3% year- on-year respectively, resulting in a trade deficit of MOP6.96 billion.

Table 1

PRINCIPAL INDICATORS OF EXTERNAL MERCHANDISE TRADE

’000 MOP

2007 2008 Year-on-year %

Principal indicators

Sep. 3rd Qtr. Jan. – Sep. Sep. 3rd Qtr. Jan. – Sep. Sep. 3rd Qtr. Jan. – Sep.

Exports 1 791 062 5 430 233 14 981 052 1 442 214 4 365 461 12 893 936 -19.5 -19.6 -13.9 Domestic exports 1 158 488 3 685 271 9 741 613 771 986 2 532 543 7 870 549 - 33.4 -31.3 -19.2 Re-exports 632 575 1 744 962 5 239 439 670 228 1 832 918 5 023 388 6.0 5.0 -4.1 Imports 3 640 335 11 473 283 31 530 534 3 588 276 11 323 132 32 771 905 -1.4 -1.3 3.9 Trade balance (Exp.-Imp.) -1 849 273 -6 043 050 -16 549 482 -2 146 062 -6 957 671 -19 877 968 -16.0 -15.1 -20.1 Exports/Imports ratio (%) 49.2 47.3 47.5 40.2 38.6 39.3 .. .. ..

.. Not applicable

The value of Textile & garment exports in the first nine months of 2008 reduced by 22.4% year-on- year to account for 58.5% of the total exports; moreover, the value of Non-textile exports increased by 1.7%, with exports of Image & sound appliances increasing by 52.6%, but exports of Machines & apparatus, parts & accessories thereof and Footwear registered decreases of 48.5% and 63.3% 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: 8399 5311 Fax: 2830 7825

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EXTERNAL MERCHANDISE TRADE STATISTICS SEPTEMBER/2008 DSEC No. 9

Table 2

EXPORTS BY PRINCIPAL COMMODITY

’000 MOP 2007 2008 Principal commodity

Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 14 981 052 100.0 12 893 936 100.0 -13.9

Textile and garment 9 723 090 64.9 7 545 326 58.5 -22.4

Of which:

Garment, knitted or crocheted 5 522 995 36.9 4 028 329 31.2 -27.1 Garment, not knitted or crocheted 3 037 111 20.3 2 933 053 22.7 -3.4

Textile fabrics 862 859 5.8 394 924 3.1 -54.2

Textile yarn and thread 240 605 1.6 148 681 1.2 -38.2

Non-textile 5 257 963 35.1 5 348 610 41.5 1.7

Of which:

Machines and apparatus, 1 837 640 12.3 946 796 7.3 -48.5

parts and accessories thereof

Footwear 314 510 2.1 115 364 0.9 -63.3

Image and sound appliances 65 079 0.4 99 325 0.8 52.6

Among the major destinations of Macao’s exports, the USA and the EU together absorbed 51.5% of the total exports of goods in the first nine months of 2008. The value of exports to the USA, accounting for 41.6% of the total, dropped by 11.6% year-on-year; meanwhile, the value of exports to the EU declined by 50.9% to take up 9.9% of the total. As regards the Asian region, the value of exports to Mainland China decreased by 37.8% whereas that to Hong Kong rose by 22.6%.

Table 3

EXPORTS BY MAIN COUNTRY / TERRITORY

’000 MOP 2007 2008 Main country /

territory Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 14 981 052 100.0 12 893 936 100.0 -13.9

EU 2 602 120 17.4 1 278 231 9.9 -50.9

Of which:

Germany 904 203 6.0 506 189 3.9 -44.0

United Kingdom 581 277 3.9 256 141 2.0 -55.9

France 437 840 2.9 173 102 1.3 -60.5

Italy 142 152 0.9 79 679 0.6 -43.9

USA 6 071 162 40.5 5 364 357 41.6 -11.6

Hong Kong 1 920 693 12.8 2 353 917 18.3 22.6

Mainland China 2 494 236 16.6 1 551 353 12.0 -37.8

Japan 177 925 1.2 179 365 1.4 0.8

Taiwan, China 194 091 1.3 168 947 1.3 -13.0

Australia 41 745 0.3 33 704 0.3 -19.3

Others 1 479 080 9.9 1 964 062 15.2 32.8

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No. 9 DSEC SEPTEMBER/2008 EXTERNAL MERCHANDISE TRADE STATISTICS

In the first nine months of 2008, the value of total imports of goods grew by 3.9% year-on-year. In terms of broad economic categories, the value of imports of Fuels & lubricants and Consumer goods expanded by 22.0% and 19.6% respectively, but that of Raw materials & semi-manufactures and Capital goods decreased by 18.2% and 5.5% respectively.

Table 4

IMPORTS BY BROAD ECONOMIC CATEGORY

’000 MOP 2007 2008 Broad economic

category Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 31 530 534 100.0 32 771 905 100.0 3.9

Consumer goods

12 356 231 39.2 14 772 733 45.1 19.6

Raw materials and 8 735 120 27.7 7 149 604 21.8 -18.2

semi-manufactures

Fuels and lubricants 3 594 963 11.4 4 384 909 13.4 22.0

Capital goods 6 844 221 21.7 6 464 658 19.7 -5.5

The value of imports of Consumer goods not elsewhere specified (71.1% of the total imports of Consumer goods) registered a year-on-year increase of 23.3%. Among them, the value of imports of durable consumer goods (e.g. jewellery and watches) rose by 54.5%, non-durable consumer goods (e.g. tobacco and skin-care products) by 11.6% and semi-durable consumer goods (e.g. clothing and footwear) by 7.5%.

Table 5

IMPORTS OF CONSUMER GOODS

’000 MOP 2007 2008 Principal category

of consumer goods Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 12 356 231 100.0 14 772 733 100.0 19.6

Household consumption (food and beverages)

2 804 146 22.7 3 144 445 21.3 12.1

Passenger motor cars

& motorcycles

1 030 976 8.3 1 120 776 7.6 8.7

Consumer goods not elsewhere specified

8 521 109 69.0 10 507 512 71.1 23.3

Durable consumer goods 2 648 765 21.4 4 093 057 27.7 54.5

Semi-durable consumer goods 3 377 943 27.3 3 631 654 24.6 7.5

Non-durable consumer goods 2 494 401 20.2 2 782 802 18.8 11.6

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EXTERNAL MERCHANDISE TRADE STATISTICS SEPTEMBER/2008 DSEC No. 9

Within the imports of Raw materials & semi-manufactures, the value of textile materials (25.8% of the total) fell by 36.5% year-on-year whereas that of construction materials (24.9% of the total) increased by 2.6%.

Table 6

IMPORTS OF RAW MATERIALS &

SEMI-MANUFACTURES

’000 MOP 2007 2008 Principal category of raw

materials & semi-manufactures Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 8 735 120 100.0 7 149 604 100.0 -18.2

Of which:

Textile materials 2 904 447 33.3 1 845 419 25.8 -36.5

Construction materials 1 736 494 19.9 1 781 495 24.9 2.6

Raw materials and semi-manufactures for furskins, paper and plastics

495 373 5.7 434 594 6.1 -12.3

The main suppliers of imported goods to Macao concentrated in the Asian region. The value of imports from Mainland China and Hong Kong together absorbed 50.6% of the total imports in the first nine months of 2008. The value of imports from Mainland China dropped slightly by 0.7% year-on-year but that from Hong Kong increased by 2.6%. In addition, the value of imports from the EU grew by 4.2%, while that from the USA dropped by 9.3%.

Table 7

IMPORTS BY MAIN COUNTRY / TERRITORY

’000 MOP 2007 2008 Main country /

territory Jan. – Sep. Structure % Jan. – Sep. Structure %

Year-on-year

%

Total 31 530 534 100.0 32 771 905 100.0 3.9

EU 5 050 717 16.0 5 260 676 16.1 4.2

Of which:

France 1 255 311 4.0 1 598 231 4.9 27.3

Italy 508 949 1.6 897 417 2.7 76.3

Germany 1 505 958 4.8 830 632 2.5 -44.8

United Kingdom 559 352 1.8 608 368 1.9 8.8

USA 1 816 946 5.8 1 647 914 5.0 -9.3

Mainland China 13 446 206 42.6 13 348 843 40.7 -0.7

Hong Kong 3 164 059 10.0 3 245 684 9.9 2.6

Japan 2 755 908 8.7 2 816 633 8.6 2.2

Taiwan, China 1 126 199 3.6 1 092 735 3.3 -3.0

Republic of Korea 499 594 1.6 362 055 1.1 -27.5

Australia 520 625 1.7 303 156 0.9 -41.8

Others 3 150 280 10.0 4 694 209 14.3 49.0

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No. 9 DSEC SEPTEMBER/2008 EXTERNAL MERCHANDISE TRADE STATISTICS

The following statistical tables are available for download from our website

Table 1 − Imports and exports of goods by month

Table 2 − Domestic exports and re-exports of goods by month

Table 3 − Imports by section and division of SITC-Rev. 4, and country/territory of origin Table 4 − Exports by section and division of SITC-Rev. 4, and country/territory of destination Table 5 − Imports by country/territory of origin, and section and division of SITC-Rev. 4 Table 6 − Exports by country/territory of destination and principal commodity

Table 7 − Changes of external merchandise trade

Table 8 − Imports and exports by geographical/economic zone and country/territory

Table 9 − Domestic exports and re-exports by geographical/economic zone and country/territory Table 10 − Imports by broad economic category and country/territory of origin

Table 11 − Exports by principal commodity and country/territory of destination

* Table 12 − Quarterly exports by principal commodity and country/territory of destination

* Table 13 − Quarterly imports by broad economic category and country/territory of origin

* Table 14 − Exports by group of CAM-Rev. 1

* Available in March, June, September and December.

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