Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for October 2019 amounted to MOP1.17 billion, up by 9.6% year-on-year. Value of re-exports (MOP1.04 billion) increased by 10.9%, with that of Machines, apparatus & parts rising by 34.5%. Value of domestic exports (MOP126 million) edged up by 0.2%, with that of Garments surging by 171.7%. Total merchandise import grew by 3.9% year-on-year to MOP8.76 billion, of which imports of Beauty, cosmetic & skin-care products, Construction materials and Handbags & wallets expanded by 60.0%, 21.5% and 19.2% respectively; meanwhile, imports of Mobile phones, Fuels & lubricants and Motor cars & motorcycles dropped by 18.6%, 10.4% and 9.8% respectively. Merchandise trade deficit in October totalled MOP7.59 billion.
From January to October 2019, total value of merchandise export increased by 4.3% year-on-year to MOP10.56 billion, of which value of re-exports (MOP9.37 billion) grew by 6.0% but that of domestic exports (MOP1.19 billion) declined by 7.3%. Total value of merchandise import fell by 1.8% year-on-year to MOP72.75 billion. Merchandise trade deficit totalled MOP62.19 billion for the first ten months of 2019, a decrease of MOP1.80 billion from MOP63.99 billion a year earlier.
Analysed by destination, merchandise export to mainland China dropped by 23.2% year-on-year to MOP1.31 billion from January to October 2019, of which exports to the Nine Provinces of the Pan Pearl River Delta (MOP1.25 billion) declined by 24.7%. Exports to the EU (MOP160 million) fell by 2.1% year-on-year, whereas exports to Hong Kong (MOP6.81 billion) and the USA (MOP207 million) expanded by 8.0% and 97.2% respectively. Exports to the Belt and Road Countries (MOP257 million) increased by 30.9% year-on-year, while exports to the Portuguese-speaking Countries (MOP1 million) dropped by 94.8%. Exports of Textiles & garments totalled MOP845 million, up by 44.2%. Exports of Non-textiles went up by 1.8% year-on-year to MOP9.71 billion, of which value of Beauty, cosmetic & skin-care products (MOP475 million) grew by 77.2%, but that of Articles for casino (MOP332 million) went down by 19.6%.
By place of origin, merchandise import from mainland China (MOP24.86 billion) decreased by 3.9% year-on-year in the first ten months of 2019. On the other hand, imports from the EU (MOP19.94 billion), the Belt and Road Countries (MOP12.47 billion) and the Portuguese-speaking Countries (MOP707 million) increased by 8.3%, 112.8% and 9.4% respectively. Analysed by place of consignment, merchandise import from mainland China grew by 4.9% year-on-year to MOP11.89 billion, of which imports from the Nine Provinces of the Pan Pearl River Delta (MOP11.57 billion) rose by 5.5%. Imports of Consumer goods went up by 5.9% to MOP50.47 billion, with imports of Beauty, cosmetic & skin-care products (MOP5.39 billion) and Footwear (MOP2.13 billion) rising by 35.8% and 21.8% respectively. Yet, imports of Fuels & lubricants (MOP6.08 billion), Mobile phones (MOP4.03 billion) and Construction materials (MOP1.38 billion) dropped by 1.4%, 31.3% and 20.9% respectively.
External merchandise trade totalled MOP83.31 billion from January to October 2019, down by 1.1% compared with MOP84.24 billion a year earlier.
