Information from the Statistics and Census Service indicates that, in January 2006, Macao’s total value of exports amounted to MOP2.06 billion, up 39.5% over the same month of 2005. Among this, the value of domestic exports increased 53.5% to MOP1.69 billion, and the value of re-exports dropped 1.5% to MOP371 million. Value of imports amounted to MOP2.64 billion, up 17.6% over the same period of 2005. A trade deficit of MOP575 million was recorded this month. During this period, the exports/imports ratio increased from 65.9% in the same month of 2005 to 78.2%. In January 2006, the value of Textile & garment exports, which accounted for 82.5% of the total exports, increased 48.0% over the same period of 2005. Moreover, the value of Non-textile exports also went up 10.0%. As the major components of non-textile exports, Machines & apparatus, parts & accessories thereof grew 14.2%, whereas Footwear dropped 49.1% year-on-year. The USA and the EU remained as Macao’s major export markets, together making up 75.7% of the total value of exports. Among this, exports to the USA, which made up 55.5% of the total value of exports, increased 64.0%; exports to the EU, which made up 20.2% of the total value of exports, also increased 61.4% over the same period of 2005. In January 2006, Macao’s total value of imports increased 17.6% year-on-year. In terms of broad economic categories, increases were registered for Fuels & lubricants (60.5%), Capital goods (27.9%) and Consumer goods (18.7%), while Raw materials & semi-manufactures remained unchanged. Meanwhile, Macao’s main suppliers of imported goods still concentrated in the Asian region. Imports from Mainland China and Hong Kong together constituted 52.0% of the total value of imports. Compared with the same period of 2005, the value of imports from Mainland China and Hong Kong rose 26.1% and 17.6% respectively.
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