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Macao Trade Summary

2023

Macao exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MACAO 2023

Overall Exports and Imports for Macao 2023

Exports and imports of Macao in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,222 million.
  • The total value of imports (CIF) was 17,561 million.
  • At the HS6 digit level, 766 products were exported to 38 countries and 2,306 products were imported from 155 countries.

Macao top 5 Export and Import partners 2023

Top five countries to which Macao exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Macao exports to Hong Kong, China worth US$ 1,031 million, with a partner share of 84.37 percent.
  2. Macao exports to China worth US$ 95 million, with a partner share of 7.77 percent.
  3. Macao exports to United States worth US$ 59 million, with a partner share of 4.80 percent.
  4. Macao exports to Vietnam worth US$ 14 million, with a partner share of 1.14 percent.
  5. Macao exports to Other Asia, nes worth US$ 7 million, with a partner share of 0.59 percent.

Top five countries from which Macao imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Macao imports from China worth US$ 5,021 million, with a partner share of 28.59 percent.
  2. Macao imports from France worth US$ 2,824 million, with a partner share of 16.08 percent.
  3. Macao imports from Italy worth US$ 2,078 million, with a partner share of 11.84 percent.
  4. Macao imports from Switzerland worth US$ 1,194 million, with a partner share of 6.80 percent.
  5. Macao imports from Japan worth US$ 1,065 million, with a partner share of 6.06 percent.

Macao Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Macao along with trade value are:

  1. Macao exported Art. of jewellery and pts thereof of/o prec mtl , worth 235,306.74 (US$ Thousands).
  2. Macao exported Transmission apparatus, for radioteleph incorpo , worth 233,984.67 (US$ Thousands).
  3. Macao exported Wrist-watches,with automatic winding and with c , worth 79,300.14 (US$ Thousands).
  4. Macao exported Beauty, make-up, skin-care (incl. suntan), nes , worth 46,149.12 (US$ Thousands).
  5. Macao exported Handbags with outer surface of leather, or comp , worth 42,235.84 (US$ Thousands).

The top five imported HS 6 digit level products from world by Macao along with trade value are

  1. Macao imported Art. of jewellery and pts thereof of/o prec mtl , worth 2,136,782.50 (US$ Thousands).
  2. Macao imported Handbags with outer surface of leather, or comp , worth 1,256,238.16 (US$ Thousands).
  3. Macao imported Beauty, make-up, skin-care (incl. suntan), nes , worth 1,239,781.21 (US$ Thousands).
  4. Macao imported Transmission apparatus, for radioteleph incorpo , worth 736,240.58 (US$ Thousands).
  5. Macao imported Electrical energy , worth 504,963.29 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Macao in 2023 are below

  • The maximum rate of tariff in percentage on any product was 0 percent.
  • The simple average tariff across all products was 0 percent.
  • The trade weighted average tariff was 0 .
  • The total duty free imports in thousands of US dollars were 15,294,957.61 and duty free tariff line items share was 100 percent.

Development Indicators 2023

Key Development Indicators of Macao in 2023 are below

  • Macao GDP in current US dollar was 45,803 million.
  • GNI per capita, Atlas method (current US$) was 65,190.00 .
  • Macao Trade balance: as % of GDP was 40.71.
  • Trade balance in current US$ was 18,645.00 million.
  • Trade as percentage of GDP was 142.01 .
  • Trade in services as percentage of GDP was 90.87 .

Trade Indicators 2023

Trade Indicators for Macao in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.56.
  • Index of export market penetration was 2.79.
  • World Growth in percentage was -3.13 and Macao Country Growth was 12.21 .