Macao's total export for 2007 dropped slightly by 0.2 percent
over 2006 , while the SAR's imports grew by 18 percent, bringing
about a trade deficit of 22.68 billion patacas (around 2.8 billion
U.S. dollars), according to the statistics released on Friday by
the Statistics and Census Service (SCS) of the special
administrative region (SAR).
The SCS statistics showed that the value of textile and garment
exports in 2007, which accounted for 65.6 percent of the total
exports, decreased by 8.6 percent over 2006, nevertheless, the
value of non-textile exports rose by 21.3 percent, of which
machines and apparatus, parts and accessories expanded by 56.2
percent while foot wear fell by 1.7 percent.
The United States and the European Union remained the major
destinations of Macao's exports, together making up 58.8 percent of
the total value of exports, which also saw a decrease of 8.1
percent and 6.9 percent respectively over 2006, according to the
statistics.
Meanwhile, the statistics also showed that imports from the
Chinese mainland and Hong Kong, comprising 52.7 percent of the
total value of imports, rose by 11.6 percent and 17 percent
respectively compared with 2006.
(Xinhua News Agency February 2, 2008)
