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Macao'S Exports Of Textiles And Clothing Decreased By 37.5% In October

2010/12/4 11:28:00 68

Macao

Statistics and Census Bureau data show that in October 2010, Macao

Export of goods

The total value was 570 million yuan (Macao dollar, the same below), a decrease of 3.2% over the same period, of which exports of local products (240 million yuan) rose by 31.4%, the first time since March 2008, while the value of re exports (330 million yuan) fell by 18.5%.

In terms of imports, the total value of imports of goods was 3 billion 760 million yuan in October, an increase of 17.5% over the same period.

The trade deficit in October 2010 amounted to 3 billion 190 million yuan.

In the first ten months of 2010, the total value of exports in Macao was 5 billion 860 million yuan, down 7.9% from the same period in 2009, of which local exports decreased by 22.4% while exports increased by 2%.

The total import value was 35 billion 630 million yuan, an increase of 19.4%.

The trade deficit between January and October increased by 26.8% to 29 billion 770 million yuan over the same period. The import and export ratio of goods dropped to 16.4%, down 4.9 percentage points compared with the same period in 2009.

Destination of export goods

Statistics

The value of goods exported to Hongkong (2 billion 520 million yuan) and Mainland China (940 million yuan) from January 2010 to October increased by 3.9% and 1.6% respectively compared with the same period in 2009, while the value of exports to the United States (690 million yuan) and the European Union (330 million yuan) decreased by 41.4% and 40.3% respectively.

The value of exports of textiles and garments was 1 billion 370 million yuan, a decrease of 37.5% compared to the same period, and the proportion of total exports to 23.4%. The export of non textiles (4 billion 480 million yuan) recorded an increase of 7.7%, of which the exports of copper and its products and watches increased by 54.5% and 40.3% respectively.

In terms of imports, the value of imports from mainland China (11 billion 50 million yuan) and the European Union (7 billion 850 million yuan) in the first ten months increased by 16.6% and 26.9% respectively compared with the same period in 2009.

Imports of consumer goods increased by 35.2%, when the number of small and medium buses and motorcycles increased by 82%, while capital goods and raw materials and semi manufactured goods decreased by 2.3% and 0.9% respectively.

From January 2010 to October, the total value of imports and exports of goods in Macao was 41 billion 480 million yuan, up 14.6% from 36 billion 200 million yuan in the same period in 2009.