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%. source: Statistics and Census Service, Government of Macao SAR

Macau recorded a trade deficit of 988709 Thousand MOP in February of 2026. Balance of Trade in Macau averaged -4149600.73 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 April of 2026.

Macau recorded a trade deficit of 988709 Thousand MOP in February 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
2026-02-26 09:00 AM
Balance of Trade
Jan MOP -11.7B MOP -10.6B MOP -9.5B
2026-03-27 08:50 AM
Balance of Trade
Feb MOP -9.9B MOP -11.7B MOP -10.2B
2026-04-28 09:00 AM
Balance of Trade
Mar MOP -9.9B MOP -9.4B


Related Last Previous Unit Reference
Balance of Trade -988709.00 -11688988.00 Thousand MOP Feb 2026
Current Account 144279.70 115437.60 MOP Million Dec 2024
Exports 1337923.78 1457725.18 Thousand MOP Feb 2026
Foreign Direct Investment -4568.70 -9293.23 MOP Million Dec 2024
Imports 11225014.00 13146714.00 Thousand MOP Feb 2026
Terms of Trade 99.00 99.80 points Dec 2025
Tourism Revenues 21875.00 20382.00 MOP Million Dec 2025
Tourist Arrivals YoY 4172940.00 3647328.00 Feb 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
-988709.00 -11688988.00 634540.00 -14558270.00 1997 - 2026 Thousand MOP Monthly

News Stream
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
Macau Trade Deficit Widens in January
Macau’s trade deficit widened sharply to MOP 11.7 billion in January 2026 from MOP 9.4 billion in the corresponding month of the previous year. Imports climbed 24.6% year-on-year to MOP 13.2 billion, driven by higher purchases of raw materials and semi-manufactured products (+104.6%), capital goods (+66.7%), and other consumer goods (+15.7%). Imports rose from the Netherlands (+68.1%), South Korea (+31.4%), and Italy (+22.1%). Meanwhile, exports jumped 29.2% to MOP 1.5 billion, supported by increased shipments in food and live animals (+126.4%), crude materials (+65.6%), and machinery and transport equipment (+61.4%). Shipments expanded to China (+47.3%), Hong Kong (+36.3%), and the USA (+12%).
2026-02-26
Macau Trade Deficit Widens in December
Macau’s trade deficit widened to MOP 10.6 billion in December 2025, up from MOP 10.1 billion a year earlier. Exports climbed 11% to MOP 1.2 billion, supported by stronger shipments in machinery and transport equipment (47.4%), food and live animals (27.1%), and miscellaneous manufactured articles (8.2%). Shipments expanded to France (29.8%), China (13.5%), and Hong Kong (12.2%). Meanwhile, imports increased by 5.9% to MOP 11.8 billion, driven by higher purchases of raw materials and semi-manufactured products (18.7%), consumer goods (5.9%), and capital goods (2.9%). Imports rose from South Korea (18.1%), Germany (14.7%), Thailand (12.7%), and Brazil (11.1%). For full-year 2025, Macau’s trade deficit reached MOP 110.9 billion, with exports rising 3.2%, while imports declined by 1.8%.
2026-01-30