Home / Knowledge / News / Textiles / Value of textile & garment exports decline by 20.7%
Value of textile & garment exports decline by 20.7%
Oct '08
Information from the Statistics and Census Service indicated that the value of total exports of goods amounted to MOP1.31 billion in August 2008, down by 26.0% year-on-year; the value of domestic exports decreased by 37.7% to MOP745 million, and that of re-exports dropped by 1.7% to MOP569 million. The value of total imports of goods amounted to MOP3.58 billion, down by 13.5% year-on-year. A trade deficit of MOP2.26 billion was recorded for August 2008.

From January to August 2008, total exports of goods fell by 13.2% year-on-year to MOP11.45 billion, with the value of domestic exports and re-exports declining by 17.3% and 5.5% respectively. Meanwhile, total imports of goods grew by 4.5% to MOP29.16 billion, and the trade deficit in the first eight months of 2008 was widened to MOP17.71 billion. The exports/imports ratio decreased from 47.3% in the first eight months of 2007 to 39.3% in the same period of 2008.

The value of Textile & garment exports declined by 20.7% year-on-year and its relative importance decreased further to account for 59.4% of the total exports of goods in the first eight months of 2008; moreover, the value of Non-textile exports grew slightly by 0.7%, with exports of Machines & apparatus, parts & accessories thereof and Footwear dropping by 51.2% and 62.4% respectively, but exports of Image & sound appliances registered an increase of 58.4%.

In the first eight months of 2008, the value of exports to the USA, Mainland China and the EU decreased by 9.7%, 39.8% and 48.7% respectively year-on-year, but that to Hong Kong rose by 24.9%.

The main suppliers of imported goods to Macao concentrated in the Asian region. The value of imports from Mainland China and Hong Kong amounted to MOP14.83 billion, accounting for 50.9% of the total imports in the first eight months of 2008. In terms of broad economic categories, the value of imports of Fuels & lubricants and Consumer goods expanded by 22.6% and 20.7% respectively year-on-year, but that of Raw materials & semi-manufactures and Capital goods decreased by 18.1% and 4.5% respectively.

Macau - Statistics and Census Service

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Tony Ward
Tony Ward

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search