Summary
- Exports
- $1.9billion
- Imports
- $13.4billion
- Trade balance
- -$11.6billion
Products
What it exports
Jewelry (20%) and cameras and broadcast equipment (9.4%) together make up 29.4% of its exports.
What it imports
Jewelry (9.1%) and makeup and skin care (4.4%) together make up 13.5% of its imports.
By Harmonized System chapter (96)
| Chapter | Exports | Imports |
|---|---|---|
| 71 · Gems and precious metals | $461 million | $1.5 billion |
| 85 · Electrical and electronic equipment | $285 million | $1.4 billion |
| 91 · Watches and clocks | $181 million | $435 million |
| 61 · Knitted clothing | $134 million | $463 million |
| 87 · Vehicles | $107 million | $660 million |
| 42 · Leather goods and bags | $86 million | $519 million |
| 62 · Woven clothing | $79 million | $426 million |
| 64 · Footwear | $77 million | $357 million |
| 33 · Perfumes and cosmetics | $46 million | $742 million |
| 84 · Mechanical machinery | $41 million | $570 million |
| 74 · Copper | $41 million | $20 million |
| 29 · Organic chemicals | $41 million | $14 million |
| 24 · Tobacco | $33 million | $139 million |
| 95 · Toys and sports gear | $28 million | $339 million |
| 22 · Beverages and spirits | $25 million | $818 million |
| 30 · Pharmaceuticals | $24 million | $459 million |
| 97 · Art and antiques | $23 million | $14 million |
| 90 · Precision and medical instruments | $19 million | $208 million |
| 72 · Iron and steel | $18 million | $51 million |
| 39 · Plastics | $12 million | $107 million |
| 65 · Hats | $12 million | $13 million |
| 94 · Furniture and lighting | $8 million | $125 million |
| 19 · Baked goods and cereal products | $7 million | $230 million |
| 96 · Other manufactured goods | $7 million | $36 million |
| 76 · Aluminum | $6 million | $43 million |
| 73 · Iron and steel products | $6 million | $219 million |
| 21 · Food preparations | $6 million | $139 million |
| 38 · Miscellaneous chemicals | $5 million | $20 million |
| 47 · Wood pulp | $5 million | $2 million |
| 48 · Paper and paperboard | $3 million | $71 million |
| 40 · Rubber | $3 million | $25 million |
| 88 · Aircraft and spacecraft | $3 million | $106 million |
| 83 · Miscellaneous metal goods | $3 million | $23 million |
| 27 · Oil, gas and coal | $2 million | $693 million |
| 03 · Fish and seafood | $2 million | $626 million |
| 49 · Books and printed matter | $2 million | $29 million |
| 70 · Glass | $2 million | $29 million |
| 01 · Live animals | $2 million | $46 million |
| 08 · Fruit and nuts | $2 million | $126 million |
| 09 · Coffee, tea and spices | $2 million | $24 million |
| 04 · Dairy, eggs and honey | $1 million | $250 million |
| 15 · Fats and oils | $1 million | $28 million |
| 16 · Prepared meat and fish | $1 million | $156 million |
| 63 · Home textiles and used clothing | $1 million | $32 million |
| 34 · Soap and cleaning products | $1 million | $47 million |
| 43 · Fur and fur goods | $1 million | $3 million |
| 54 · Synthetic filaments | $1 million | $2 million |
| 44 · Wood | $951 thousand | $48 million |
| 20 · Preserved fruit and vegetables | $882 thousand | $38 million |
| 17 · Sugar and sweets | $711 thousand | $32 million |
| 12 · Oilseeds and grains | $676 thousand | $20 million |
| 28 · Inorganic chemicals | $563 thousand | $16 million |
| 68 · Stone, plaster and cement articles | $522 thousand | $72 million |
| 32 · Dyes, paints and tanning agents | $503 thousand | $22 million |
| 07 · Vegetables | $490 thousand | $52 million |
| 69 · Ceramics | $471 thousand | $32 million |
| 82 · Tools and cutlery | $384 thousand | $16 million |
| 92 · Musical instruments | $368 thousand | $9 million |
| 18 · Cocoa and chocolate | $257 thousand | $29 million |
| 35 · Glues, starches and enzymes | $219 thousand | $3 million |
| 67 · Feathers and artificial flowers | $176 thousand | $496 thousand |
| 58 · Special fabrics and lace | $156 thousand | $1 million |
| 59 · Coated and technical textiles | $129 thousand | $4 million |
| 05 · Other animal products | $126 thousand | $8 million |
| 23 · Animal feed and food waste | $124 thousand | $28 million |
| 46 · Wicker and basketware | $116 thousand | $596 thousand |
| 41 · Hides and leather | $114 thousand | $1 million |
| 57 · Carpets and rugs | $106 thousand | $5 million |
| 60 · Knitted fabric | $93 thousand | $582 thousand |
| 89 · Ships and boats | $81 thousand | $2 million |
| 55 · Synthetic staple fibers | $79 thousand | $967 thousand |
| 56 · Felt, nonwovens and rope | $77 thousand | $2 million |
| 52 · Cotton | $71 thousand | $34 million |
| 86 · Railway equipment | $57 thousand | $5 million |
| 79 · Zinc | $43 thousand | $541 thousand |
| 25 · Salt, stone and cement | $42 thousand | $52 million |
| 11 · Milling products and malt | $35 thousand | $13 million |
| 02 · Meat and offal | $22 thousand | $446 million |
| 78 · Lead | $15 thousand | $551 thousand |
| 10 · Cereals | $14 thousand | $22 million |
| 66 · Umbrellas and canes | $11 thousand | $1 million |
| 37 · Photographic goods | $10 thousand | $5 million |
| 51 · Wool | $5 thousand | $7 million |
| 93 · Weapons and ammunition | $5 thousand | $99 thousand |
| 31 · Fertilizers | $4 thousand | $194 thousand |
| 14 · Other plant products | $4 thousand | $1 million |
| 80 · Tin | $2 thousand | $176 thousand |
| 75 · Nickel | $1 thousand | $261 thousand |
| 45 · Cork | $128 | $40 thousand |
| 53 · Other plant fibers | $68 | $2 million |
| 81 · Other base metals | $52 | $42 thousand |
| 26 · Ores and slag | $0 | $15 million |
| 06 · Live plants and flowers | $0 | $10 million |
| 13 · Gums and plant extracts | $0 | $554 thousand |
| 36 · Explosives and matches | $0 | $344 thousand |
| 50 · Silk | $0 | $53 thousand |
Trading partners
Its main destination is Hong Kong (74.9% of exports) and its main source is China (33.5% of imports).
Who it sells to
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| Hong Kong | 1.4 | 74.9% | Air |
| China | 0.1 | 5.2% | Sea |
| United States | 0.08 | 4.2% | Sea |
| Israel | 0.03 | 1.7% | Sea |
| Switzerland | 0.03 | 1.4% | Air |
| Philippines | 0.02 | 1.3% | Sea |
| Italy | 0.02 | 0.88% | Air |
| Malaysia | 0.01 | 0.78% | Air |
| Germany | 0.01 | 0.69% | Air |
| Qatar | 0.01 | 0.58% | Sea |
Who it buys from
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| China | 4.5 | 33.5% | Sea |
| Hong Kong | 2.4 | 17.9% | Air |
| France | 1.1 | 7.9% | Air |
| Japan | 0.82 | 6.1% | Air |
| United States | 0.75 | 5.6% | Air |
| Italy | 0.66 | 4.9% | Air |
| Switzerland | 0.32 | 2.4% | Air |
| Vietnam | 0.27 | 2% | Air |
| Germany | 0.25 | 1.9% | Air |
| Australia | 0.23 | 1.7% | Sea |
Overview 1995–2024
In 2024, Macao accounted for 0.01% of world exports, compared with 0.05% in 1995.
Exports and imports
Exports fell 19% since 1995
USD billions (current). Bars: trade balance (green surplus, red deficit).
- Exports 1.9
- Imports 13.4
- Balance -11.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $2.3 billion | $2.6 billion | -$336 million |
| 1996 | $2.3 billion | $2.7 billion | -$332 million |
| 1997 | $2.5 billion | $2.9 billion | -$390 million |
| 1998 | $2.3 billion | $2.8 billion | -$456 million |
| 1999 | $2.4 billion | $2.7 billion | -$256 million |
| 2000 | $2.6 billion | $2.8 billion | -$212 million |
| 2001 | $2.4 billion | $2.7 billion | -$305 million |
| 2002 | $2.6 billion | $3 billion | -$439 million |
| 2003 | $2.9 billion | $3.5 billion | -$625 million |
| 2004 | $3.3 billion | $3.8 billion | -$502 million |
| 2005 | $2.8 billion | $4.3 billion | -$1.5 billion |
| 2006 | $2.9 billion | $4.9 billion | -$2.1 billion |
| 2007 | $2.9 billion | $5.9 billion | -$3 billion |
| 2008 | $2.3 billion | $5.9 billion | -$3.6 billion |
| 2009 | $1.2 billion | $5 billion | -$3.7 billion |
| 2010 | $989 million | $5.7 billion | -$4.7 billion |
| 2011 | $1.2 billion | $7.7 billion | -$6.6 billion |
| 2012 | $1.3 billion | $8.2 billion | -$6.9 billion |
| 2013 | $1.7 billion | $10.4 billion | -$8.8 billion |
| 2014 | $1.4 billion | $11.5 billion | -$10.1 billion |
| 2015 | $1.5 billion | $12.3 billion | -$10.7 billion |
| 2016 | $1.3 billion | $8.9 billion | -$7.6 billion |
| 2017 | $1.5 billion | $9.6 billion | -$8.1 billion |
| 2018 | $1.5 billion | $10.3 billion | -$8.8 billion |
| 2019 | $1.5 billion | $11.2 billion | -$9.7 billion |
| 2020 | $1.4 billion | $9.2 billion | -$7.8 billion |
| 2021 | $1.8 billion | $15.1 billion | -$13.4 billion |
| 2022 | $1.8 billion | $14.7 billion | -$12.9 billion |
| 2023 | $1.9 billion | $14.4 billion | -$12.5 billion |
| 2024 | $1.9 billion | $13.4 billion | -$11.6 billion |
World rank
Macao fell from 86th to 142nd among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 86th in 1995
- 142nd in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 86th |
| 1996 | 89th |
| 1997 | 89th |
| 1998 | 88th |
| 1999 | 87th |
| 2000 | 97th |
| 2001 | 98th |
| 2002 | 99th |
| 2003 | 98th |
| 2004 | 104th |
| 2005 | 115th |
| 2006 | 119th |
| 2007 | 120th |
| 2008 | 133rd |
| 2009 | 148th |
| 2010 | 155th |
| 2011 | 156th |
| 2012 | 153rd |
| 2013 | 147th |
| 2014 | 152nd |
| 2015 | 144th |
| 2016 | 146th |
| 2017 | 147th |
| 2018 | 149th |
| 2019 | 150th |
| 2020 | 149th |
| 2021 | 151st |
| 2022 | 149th |
| 2023 | 146th |
| 2024 | 142nd |
What it sells
Gems and precious metals became its top export group: from 0.2% to 25%
% of exports by Harmonized System chapter.
- Other 24%
- Footwear 4%
- Woven clothing 4%
- Leather goods and bags 5%
- Vehicles 6%
- Knitted clothing 7%
- Watches and clocks 10%
- Electrical and electronic equipment 15%
- Gems and precious metals 25%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Gems and precious metals | 0.24% | 24.8% |
| Electrical and electronic equipment | 4.6% | 15.3% |
| Watches and clocks | 0.03% | 9.7% |
| Knitted clothing | 35.8% | 7.2% |
| Vehicles | 0.31% | 5.8% |
| Leather goods and bags | 0.39% | 4.6% |
| Woven clothing | 27.9% | 4.2% |
| Footwear | 2.6% | 4.1% |
| Other | 28.1% | 24.3% |
Who it trades with
The United States went from 23% to 5% of Macao's trade
% of total trade (exports + imports) with each partner.
- China 30%
- Hong Kong 25%
- France 7%
- United States 5%
- Japan 5%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| China | 17.4% | 30.1% |
| Hong Kong | 23.1% | 24.9% |
| France | 3.9% | 7% |
| United States | 22.5% | 5.4% |
| Japan | 5.2% | 5.4% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
No hubs above the globe threshold.
View on the globeLargest economic production hubs (gridded GDP, 2024)
No hubs above the globe threshold.
View on the globeSources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.