Macao's merchandise export down by 32.4 pct in October

2020-11-28 13:06:02 GMT2020-11-28 21:06:02(Beijing Time) Xinhua English

MACAO, Nov. 28 (Xinhua) -- The total merchandise export from Macao amounted to 792.00 million patacas (about 99.21 million U.S. dollars), down by 32.4 percent year-on-year, the special administrative region (SAR)'s statistic department said here on Saturday.

The latest report from the Statistics and Census Service (DSEC) indicated that the value of re-exports dropped by 35.0 percent to 682.00 million patacas (about 85.43 million dollars), with that of machines, apparatus and parts falling by 67.1 percent.

Meanwhile, the value of domestic exports went down by 10.8 percent to 110.00 million patacas (about 13.78 million dollars), the DSEC report added.

From January to October this year, the total value of merchandise export decreased by 18.1 percent year-on-year to 8.65 billion patacas (about 1.08 billion dollars), of which value of re-exports dropped by 21.1 percent to 7.40 billion patacas (about 926.97 million dollars), but that of domestic exports grew by 5.1 percent to 1.25 billion patacas (about 156.58 million dollars).

Analyzed by destination, merchandise export to the Hong Kong SAR and the European Union from January to October 2020 declined by 13.5 percent and 4.4 percent respectively year-on-year to 5.90 billion patacas (about 739.07 million dollars) and 153.00 million patacas (about 19.17 million dollars).

On the other hand, exports to the Chinese mainland from January to October 2020 rose by 3.2 percent to 1.35 billion patacas (about 169.11 million dollars), while those to the United States jumped by 122.1 percent year-on-year to 459.00 million patacas (about 57.50 million dollars).

For the first ten months of 2020, the exports of textiles and garments expanded by 61.5 percent year-on-year to 1.36 billion patacas (about 170.36 million dollars), while the exports of non-textiles went down by 25.0 percent to 7.29 billion patacas (about 913.19 million dollars). Enditem