Information from the Statistics and Census Service (DSEC) indicated that the value of total exports of goods amounted to MOP620 million in June 2009, down by 58.8% year-on-year, with the value of domestic exports falling sharply by 72.6% to MOP268 million and that of re-exports dropping by 32.9% to MOP353 million. The value of total imports of goods amounted to MOP2.85 billion, down by 20.8% year-on-year. A trade deficit of MOP2.23 billion was recorded for June 2009.

In the first half year of 2009, total exports of goods fell by 54.2% year-on-year to MOP3.90 billion, with the value of domestic exports and re-exports declining by 68.4% and 30.4% respectively. Meanwhile, total imports of goods slid by 21.4% to MOP16.85 billion, and the trade deficit for the first six months of 2009 widened slightly by 0.2% to MOP12.95 billion. The exports/imports ratio went down by 16.6 percentage points year-on-year to 23.1%.

Analysed by destination of Macao’s exports, in the first half year of 2009, the value of merchandise exports to the USA, the EU and Mainland China decreased by 77.7%, 59.2% and 43.9% respectively year-on-year. The value of Textile & garment exports declined by 70.5% year-on-year to account for 38.6% of the total exports of goods; meanwhile, the value of Non-textile exports dropped by 29.9%.

Regarding the country of origin of imported goods, the value of imports from Mainland China dropped by 42.6% year-on-year, but that from the EU rose by 7.1%. The value of imports of all broad economic categories registered year-on-year decreases, of which Raw materials & semi-manufactures dropped by 44.0% and Fuels & lubricants fell by 28.1%; meanwhile, the value of imports of Consumer goods recorded a slower decrease of 6.6%, with that of Food & beverages rising by 13.2%.