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Footwear exports drop in March

30
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


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