Macau: The total value of exports in the first quarter of 2026 increased by 19.7% year-on-year to 41.8 billion Macau patacas.

According to data from the Statistics and Census Service of Macao, the total value of exports in the first quarter of 2026 increased by 19.7% year-on-year to 41.8 billion Macao Patacas (MOP), with re-exports (37.8 billion MOP) and domestic product exports (4.0 billion MOP) increasing by 20.2% and 14.7% respectively. The total value of imports was 372.6 billion MOP, a 25.1% increase. The total volume of foreign trade in goods in the first quarter was 414.4 billion MOP, resulting in a trade deficit of 330.8 billion MOP. In terms of export destination, the value of goods exported to Mainland China (5.6 billion MOP), Hong Kong SAR (28.8 billion MOP), and the European Union (64.55 million MOP) in the first quarter increased by 221.6%, 7.1%, and 15.1% respectively. In terms of goods classification, non-textile exports increased by 24.2% to 38.9 billion MOP, while textile and clothing exports decreased by 19.9% to 2.9 billion MOP. In terms of the origin of imported goods, the value of goods from Mainland China (144.1 billion MOP), Hong Kong SAR (27.3 billion MOP), and the European Union (96.4 billion MOP) in the first quarter increased by 65.3%, 77.1%, and 2.4% respectively. In terms of goods source, the value of goods imported from Mainland China (51.9 billion MOP) and Hong Kong SAR (304.6 billion MOP) increased by 12.9% and 29.2% respectively. In terms of goods classification, imported consumer goods increased by 9.1% to 242.0 billion MOP, with gold jewelry (40.1 billion MOP) increasing by 53.5% while food and beverages (53.6 billion MOP) decreased by 5.9%. In March 2026, the total value of goods exported was 13.8 billion MOP, a 24.2% increase year-on-year. Re-exports (12.6 billion MOP) increased by 27.2%, with diamonds and diamond jewelry increasing by 94.8% while clothing decreased by 23.3%; domestic product exports (1.2 billion MOP) decreased by 0.2%, with pharmaceutical and organic chemical products decreasing by 43.2% and copper and its products increasing by 35.8%. The total value of imported goods increased by 26.0% year-on-year to 129.8 billion MOP, with mobile phones and gold jewelry increasing by 2.1 times and 36.6% respectively, while food and beverages decreased by 13.4%. The trade deficit in March was 116.0 billion MOP.