Home / Knowledge / News / Footwear exports drop in March
Footwear exports drop in March
Apr '08
Information from the Statistics and Census Service indicated that the total value of exports of goods amounted to MOP1.34 billion in March 2008, down by 1.5% year-on-year, of which domestic exports increased by 2.5% to MOP765 million, while re-exports dropped by 6.5% to MOP571 million.

Total value of imports of goods amounted to MOP3.78 billion, up by 8.6% year-on-year. A trade deficit of MOP2.44 billion was recorded for March 2008.

During the period of January-March 2008, the value of total exports fell by 7.1% year-on-year to MOP4.01 billion, of which domestic exports and re-exports declined by 7.3% and 6.8% respectively.

Meanwhile, the value of imports grew by 13.3% to MOP10.38 billion, bringing about a trade deficit of MOP6.37 billion. The exports/imports ratio decreased from 47.1% in the first three months of 2007 to 38.6% in the same period of 2008.

As regards exports of goods, the value of exports of Textile & garment, accounting for 59.5% of the total exports in the first three months of 2008, declined by 11.1% over the same period of 2007; moreover, exports of Non-textile fell slightly by 0.6%, of which Machines & apparatus, parts & accessories thereof and Footwear dropped by 43.0% and 38.5% respectively.

In the first three months of 2008, the value of exports to the USA, Mainland China and the EU decreased by 3.6%, 33.1% and 32.3% respectively year-on-year, while that to Hong Kong rose by 21.2%.

The main suppliers of imported goods to Macao concentrated in the Asian region. The value of imports from Mainland China and Hong Kong, comprising 51.0% of the total imports in the first three months of 2008, rose by 9.5% and 14.1% respectively year-on-year.

In terms of broad economic categories, imports of Fuels & lubricants, Consumer goods and Capital goods in the first three months of 2008 expanded by 36.2%, 28.6% and 3.7% respectively year-on-year, but imports of Raw materials & semi-manufactures decreased by 8.1%.

Macau - Statistics and Census Service

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search