(Photo by Wang Jianmin/Xinhua)

Value of goods imported from Portuguese-language countries up 451 pct in Jan

The value of goods imported by Portuguese-language countries to Macau rose 451.5 per cent in January, compared to the same month of the previous year, while exports fell 9.5 per cent.

According to data from the Statistics and Census Service (DSEC), released today, imports of goods from Portuguese-language countries reached a value of MOP62 million (US$7.7 million), 9.5 per cent less than in January 2020.

Exports to Portuguese-language countries totalled MOP160,000, up 451.5 per cent year-on-year.

In January, the total value of goods exported by Macau reached MOP1.42 billion, up 30 per cent year-on-year.

In relation to imports of goods, the DSEC indicated that Macau imported in January MOP10.69 billion, up 28.5 per cent year-on-year.

In 2020, Macau’s trade deficit reached MOP81.75 billion, increasing by MOP4.42 billion when compared to 2019.