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Lusophone Exports to Macau Reach New Record in 2023

Lusophone Exports to Macau Reach New Record in 2023

Exports of goods from Portuguese-speaking countries to Macau rose by more than a third in 2023, setting a new all-time high, according to official figures released today.

The value exported by Portuguese-speaking markets to the territory stood at 1.43 billion patacas (163.8 million euros), 33.9 per cent more than in 2022, according to Macau’s Statistics and Census Bureau (DSEC).

This figure was also the highest since DSEC began collecting data on foreign trade in 1998.

The majority of Macau’s trade with Portuguese-speaking countries in 2023 came from Brazil, worth 1.1 billion patacas (127.1 million euros), 42.6 per cent more than the previous year, and was mainly made up of meat, fish and seafood.

Macau also bought goods worth 277.8 million patacas (31.9 million euros) from Portugal, 0.2 per cent less than in 2022, namely clothing and accessories, meat, fish and seafood, alcoholic beverages and pharmaceutical products.

According to official figures, the bloc of Portuguese-speaking countries bought goods worth 664,000 patacas (around 74,300 euros) from Macau, 60.9 per cent less than in 2022.

Exports of goods by Macau totalled 13.34 billion patacas (1.53 billion euros) in 2023, down 3.5 percent, while the value of imported goods was 141.4 billion patacas (16.25 billion euros), up 1.2 percent year-on-year, DSEC said.

Macau’s trade deficit stood at 128.1 billion patacas (14.7 billion euros), 1.4 per cent more than in 2022.



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