EPA/FRANCK ROBICHON

Lusophone countries exports to Macau fall 22.6pct y-o-y in Jan-May

Portuguese-speaking countries exported 22.6 per cent less to Macau in the first five months of the year, compared to the same period in 2019, the Statistics and Census Bureau (DSEC) announced today (Tuesday).

Lusophone countries exported products worth MOP285 million (US$35.7 million) to Macau until May.

On the other hand, Portuguese-speaking countries imported products worth MOP8 million, an increase of 800.4 per cent year-on-year.

In total, Macau exported products valued at MOP4.54 billion from January to May, down 17.3 per cent compared to the same period in 2019.

On the other hand, it imported 30.3 per cent less, standing at MOP24.66 billion.

Even so, the DSEC explained that “the trade balance deficit in the first five months of this year was MOP20.11 billion, less MOP9.79 billion when compared to the same period last year, which reported some MOP29.9.

In the first five months of the year, the total value of foreign trade in goods was MOP29.2 billion, a 28.6 per cent year-on-year drop when compared to the MOP40.9 billion registered in the same period of 2019.