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Exports from Portuguese Speaking Countries to Macau Rise 49 percent

Exports from Portuguese Speaking Countries to Macau Rise 49 percent

Exports of goods from Portuguese-speaking countries to Macau, in the first eleven months of the year, rose 49 percent compared to the same period of 2021, according to official figures released today.

The value exported by Portuguese-speaking countries to the Chinese special administrative region between January and November this year was 958 million patacas (111 million euros), according to a statement from the Statistics and Census Bureau (DSEC).

Meanwhile the amount of goods imported from Macau by the Portuguese-speaking bloc fell 74.2 percent year on year, amounting to 2 million patacas (233,000 euros).

The November trade balance posted a deficit of 11.57 billion patacas (1.36 billion euros), the DSEC said.

Between January and November this year, the value of exports reached 12.7 billion patacas (1.4 billion euros), up 6.4% year-on-year, and the value of imports of goods reached 127.9 billion patacas (14.9 billion euros), down 8.1 year-on-year.

The trade deficit in the first eleven months of 2022 amounted to 115.2 billion patacas (13.4 billion euros), down 12 billion patacas (1.4 billion euros) compared with the same period last year, the DSEC added.

Lusa

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