Information from the Statistics and Census Service (DSEC) indicated that the value of total merchandise export for October 2010 decreased by 3.2% year-on-year to MOP568 million; value of domestic exports rose by 31.4% to MOP237 million, the first rebound since March 2008, while value of re-exports decreased by 18.5% to MOP331 million. The value of total merchandise import amounted to MOP3.76 billion, up by 17.5% year-on-year. A trade deficit of MOP3.19 billion was recorded for October 2010. In the first ten months of 2010, total value of merchandise export fell by 7.9% year-on-year to MOP5.86 billion, of which the value of domestic exports declined by 22.4%, but that of re-exports rose by 2.0%; meanwhile, total value of merchandise import grew by 19.4% to MOP35.63 billion. The trade deficit from January to October 2010 widened by 26.8% year-on-year to MOP29.77 billion; the exports/imports ratio went down by 4.9 percentage points year-on-year to 16.4%. Analyzed by destination of exported goods, value of merchandise export to Hong Kong (MOP2.52 billion) and Mainland China (MOP936 million) in the first ten months of 2010 increased by 3.9% and 1.6% respectively year-on-year, while that to the USA (MOP688 million) and the EU (MOP331 million) decreased substantially by 41.4% and 40.3% respectively. Exports of Textile & garment amounted to MOP1.37 billion, down by 37.5% year-on-year to account for 23.4% of the total merchandise export; however, value of Non-textile exports (MOP4.48 billion) grew by 7.7%, with that of Copper & articles thereof and Clocks & watches rising notably by 54.5% and 40.3% respectively. Regarding the country of origin of imported goods, in the first ten months of 2010, value of merchandise import from Mainland China (MOP11.05 billion) and the EU (MOP7.85 billion) expanded by 16.6% and 26.9% respectively year-on-year. The value of imports of Consumer goods rose by 35.2% year-on-year, with that of Motor cars & motorcycles growing significantly by 82.0%; nevertheless, the value of imports of Capital goods and Raw materials & semi-manufactures fell by 2.3% and 0.9% respectively. From January to October 2010, total value of merchandise import and export amounted to MOP41.48 billion, up by 14.6% compared with MOP36.20 billion in the first ten months of 2009.
