Statistics and Census Service of Macau indicates that, in March 2006, Macao's total value of exports amounted to MOP1.74 billion, up 42.5 percent over the same month of 2005.
Among this, the value of domestic exports increased 61.0 percent to MOP1.25 billion and the value of re-exports rose 10.5 percent to MOP494 million.
Value of imports amounted to MOP2.95 billion, up 29.5 percent over the same period of 2005. A trade deficit of MOP1.21 billion was recorded this month.
During the period of January – March 2006, the value of total exports increased 36.4 percent year-on-year to MOP4.77 billion. In addition, both the values of domestic exports and re-exports increased 47.7 percent and 11.3 percent respectively.
Moreover, the value of imports amounted to MOP7.69 billion, up 28.3 percent over the same period of 2005. In the first three months of 2006, Macao's trade balance registered a deficit of MOP2.92 billion. During this period, the exports/imports ratio increased from 58.4 percent in the corresponding period of 2005 to 62.1 percent.
In the first three months of 2006, the value of Textile & garment exports, which accounted for 76.1 percent of the total exports, increased 42.6 percent over the same period of 2005.
In addition, the value of Non-textile exports also rose 19.9 percent. As the major components of non-textile exports, Machines & apparatus, parts & accessories thereof and Footwear both expanded 8.7 percent and 7.7 percent respectively, year-on-year.
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