Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for November 2014 amounted to MOP827 million, up by 11% year-on-year; value of re-exports (MOP671 million) and domestic exports (MOP156 million) rose by 13% and 1% respectively. Total merchandise import was MOP8.11 billion, up by 9% year-on-year. Merchandise trade deficit amounted to MOP7.28 billion.

In the first eleven months of 2014, total value of merchandise export increased by 10% year-on-year to MOP8.95 billion, of which value of re-exports (MOP7.14 billion) increased by 12%, while that of domestic exports (MOP1.82 billion) held stable as in the same period of 2013. Total value of merchandise import grew by 11% to MOP81.10 billion. Merchandise trade deficit widened to MOP72.14 billion.

Analysed by destination, merchandise export to Hong Kong (MOP5.25 billion) and the EU (MOP263 million) in the first eleven months of 2014 increased by 22% and 4% year-on-year, while export to Mainland China (MOP1.41 billion) and the USA (MOP282 million) decreased by 5% and 15% respectively.

Exports of Non-textiles increased by 11% year-on-year to MOP8.24 billion, of which value of Machines, apparatus & parts (MOP1.61 billion) and Clocks & watches (MOP779 million) rose by 36% and 75% respectively, but that of Electronic components (MOP597 million) dropped by 34%. Exports of Textiles & garments totalled MOP713 million, down by 8%.

By country of origin, merchandise import from Mainland China (MOP26.70 billion) and the EU (MOP19.87 billion) increased by 12% and 18% year-on-year in the first eleven months of 2014. Imports of Consumer goods rose by 10% to MOP50.81 billion, with imports of Food & beverages (MOP10.57 billion) and Watches (MOP7.38 billion) increasing by 22% and 33% respectively. Moreover, imports of Construction materials (MOP3.18 billion) grew by 28%.

External merchandise trade reached MOP90.05 billion in the first eleven months of 2014, up by 11% compared with MOP81.04 billion in the same period of 2013.