Macau's trade deficit widened to MOP 11.761 billion in April 2026, up by MOP 2.64 billion from the same month in the previous year. Exports increased 20.9% year-on-year to MOP 1.359 billion, with re-exports which account for about 90% of total exports, also rising 20.9%. Sales increased the most for machines, apparatus and parts (25.3%), diamond & diamond jewellery (22.4%) and watches (21.7%). Meanwhile, domestic exports went up by 21.3%, led by copper & articles thereof (56.9%). Most exports went to Hong Kong and China. Imports increased 28% to MOP 13.12 billion, with purchases of gold jewellery jumping 39.4% while those of food & beverages declined 11.7%. Most purchases came from China and the EU. Considering the first four months of 2026, merchandise exports and imports rose by 20% and 25.7% respectively year-on-year. The trade deficit increased by MOP 9.36 billion to MOP 44.77 billion. source: Statistics and Census Service, Government of Macao SAR

Macau recorded a trade deficit of 11761300 Thousand MOP in April of 2026. Balance of Trade in Macau averaged -4217404.93 Thousand MOP from 1997 until 2026, reaching an all time high of 634540.00 Thousand MOP in July of 2000 and a record low of -14558270.00 Thousand MOP in May of 2021. This page provides - Macao Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Macau recorded a trade deficit of 11761300 Thousand MOP in April of 2026. Balance of Trade in Macau is expected to be -9370000.00 Thousand MOP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Balance of Trade is projected to trend around -11250000.00 Thousand MOP in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 09:00 AM
Balance of Trade
Mar MOP -11.6B MOP -9.8B MOP -9.4B
2026-05-29 09:00 AM
Balance of Trade
Apr MOP -11.8B MOP -11.6B MOP-$12.0B
2026-06-26 09:00 AM
Balance of Trade
May MOP -11.8B


Related Last Previous Unit Reference
Balance of Trade -11761300.00 -11595110.00 Thousand MOP Apr 2026
Current Account 144279.70 115437.60 MOP Million Dec 2024
Exports 1359400.00 1383524.55 Thousand MOP Apr 2026
Foreign Direct Investment -4568.70 -9293.23 MOP Million Dec 2024
Imports 13120700.00 12978635.00 Thousand MOP Apr 2026
Terms of Trade 99.00 99.80 points Dec 2025
Tourism Revenues 24430.00 21875.00 MOP Million Mar 2026
Tourist Arrivals YoY 3441396.00 3393636.00 Apr 2026


Macau Balance of Trade
Macau’s trade deficits have been rising in recent years as a result of declining exports and rising imports. Macau mostly exports clothing and textiles, tobacco and wine, machinery and transport equipment, copper, watches, diamond jewellery, office machines and telecommunication equipment. Macau imports food and beverages, gold jewellery, mobile phones, watches, hand bags, vehicles, footwear and portable computers. Macau’s main trading partners are China, the United States, Japan, Hong-Kong, Singapore, Germany and Taiwan.
Actual Previous Highest Lowest Dates Unit Frequency
-11761300.00 -11595110.00 634540.00 -14558270.00 1997 - 2026 Thousand MOP Monthly

News Stream
Macau Trade Gap Increases in April
Macau's trade deficit widened to MOP 11.761 billion in April 2026, up by MOP 2.64 billion from the same month in the previous year. Exports increased 20.9% year-on-year to MOP 1.359 billion, with re-exports which account for about 90% of total exports, also rising 20.9%. Sales increased the most for machines, apparatus and parts (25.3%), diamond & diamond jewellery (22.4%) and watches (21.7%). Meanwhile, domestic exports went up by 21.3%, led by copper & articles thereof (56.9%). Most exports went to Hong Kong and China. Imports increased 28% to MOP 13.12 billion, with purchases of gold jewellery jumping 39.4% while those of food & beverages declined 11.7%. Most purchases came from China and the EU. Considering the first four months of 2026, merchandise exports and imports rose by 20% and 25.7% respectively year-on-year. The trade deficit increased by MOP 9.36 billion to MOP 44.77 billion.
2026-05-29
Macau Trade Deficit Widens in March
Macau’s trade deficit widened to MOP 11.6 billion in March 2026 from MOP 9.2 billion in the corresponding month a year earlier, as imports continued to outpace exports. Imports surged 26% year-on-year to MOP 13 billion, driven by stronger purchases of gold jewellery (36.6%), garments and footwear (12.8%), fuels and lubricants (25%), and mobile phones (111.1%). By origin, imports increased notably from China (76.8%), Hong Kong (86.2%), Italy (18.9%), the United States (23%), and Japan (1.3%). Meanwhile, exports rose 24.2% to MOP 1.4 billion, supported by higher shipments of machines, apparatus and parts (47.9%), diamond and diamond jewellery (94.8%), and travel goods and handbags (34%). Exports also expanded to China (64%), Hong Kong (22.4%), Italy (78.4%), Vietnam (565.8%), and Singapore (67%). For the first quarter of 2026, Macau’s trade deficit widened to MOP 33.1 billion from MOP 26.3 billion in the same period last year, as exports increased 19.7% while imports climbed 25.1%.
2026-04-30
Macau Trade Deficit Widens in February
Macau’s trade deficit widened to MOP 9.9 billion in February 2026 from MOP 7.7 billion in the same month a year earlier. Imports surged 25.9% year-on-year to MOP 11.2 billion, led by higher purchases of gold jewellery (87%), mobile phones (101.1%), construction materials (35%), and garments and footwear (11.4%). By source, imports rose from China (71.3%), Hong Kong (139%), Italy (8.8%), the United States (8.9%), and Switzerland (6.8%). Meanwhile, exports increased 7.1% to MOP 1.3 billion, supported by increased shipments of machines, apparatus & parts (202.5%) and non-textiles (8.3%). Exports to China (494.3%), Italy (524.3%), Germany (42.1%), the United States (68.8%), Singapore (25.1%), and Vietnam (76.6%) all expanded. For the first two months of 2026, Macau’s trade deficit reached MOP 21.6 billion, with exports up 17.6% and imports rising 25.1%.
2026-03-27