Foreign trade statistics for April 2022

MACAO, May 30 – Information from the Statistics and Census Service (DSEC) indicates that total merchandise exports amounted to MOP 1.19 billion in April 2022, up 13.0% year-on-year. The value of re-exports (963 million MOP) increased by 6.6%, of which re-exports of clothing and diamonds and diamond jewelery jumped by 98.7% and 57.6% respectively, while those of machinery, appliances and parts decreased by 51.3%. The value of national exports (231 million MOP) increased by 50.7%, with that of clothing and copper and copper articles increasing by 73.3% and 6.3% respectively. Meanwhile, total merchandise imports fell by 3.1% year-on-year to MOP 13.18 billion; imports of gold jewelery and watches fell by 39.6% and 31.8% respectively, while imports of food and beverages and mobile phones increased by 63.4% and 9.3% respectively . The merchandise trade deficit in April 2022 stood at MOP 11.99 billion.

From January to April this year, the total value of merchandise exports increased by 12.4% year-on-year to MOP 5.07 billion, including the value of re-exports (MOP 4.34 billion) and exports (735 million MOP) increased by 10.3% and 27.1% respectively. The total value of merchandise imports increased by 19.8% year-on-year to MOP 51.64 billion. The merchandise trade deficit stood at MOP 46.57 billion for the first four months of 2022, up MOP 7.99 billion from MOP 38.58 billion a year earlier.

Analyzed by destination, merchandise exports to Hong Kong (3.94 billion MOP), the United States (222 million MOP) and the EU (79 million MOP) recorded respective annual growth of 19.2 %, 17.4% and 29.6% from January to April. 2022. Meanwhile, exports to mainland China fell 23.5% year-on-year to MOP 443 million, of which exports to the nine provinces of the Pan Pearl River Delta (MOP 402 million) fell decreased by 24.1%. Exports to Belt and Road countries (145 million MOP) and Portuguese-speaking countries (800,000 MOP) increased by 23.7% and 148.1% respectively. Exports of textiles and garments rose 52.3% year-on-year to MOP 675 million, while non-textile exports rose 8.1% to MOP 4.39 billion.

By place of origin, imports of goods from the EU (18.52 billion MOP) and mainland China (14.96 billion MOP) increased by 31.5% and 6.8% respectively year-on-year in the first four months of 2022. Imports from Belt and Road countries (MOP 9.28 billion) and Portuguese-speaking countries (MOP 285 million) increased by 16.9% and 28.9% respectively. Analyzed by place of shipment, imports of goods from Hong Kong (44.86 billion MOP) increased by 24.1% year-on-year. By contrast, imports from mainland China fell 2.1% to MOP 5.07 billion, with imports from the nine provinces of the Pan Pearl River Delta (MOP 4.99 billion) falling by 1 .6%. Imports of consumer goods increased by 21.2% to MOP 37.98 billion, including imports of beauty, cosmetics and skincare products (MOP 8.49 billion), food and beverages (5.78 billion MOP) and handbags and wallets (4.25 billion MOP) increased by 52.3%, 38.2% and 20.3% respectively. Imports of mobile phones (5.53 billion MOP) and fuels and lubricants (1.86 billion MOP) increased by 20.9% and 14.0% respectively, while imports of construction materials (967 million MOP) fell by 9.8%.

Foreign trade in goods totaled MOP 56.71 billion from January to April 2022, up 19.1% from MOP 47.59 billion a year earlier.