Information from the Statistics and Census Service (DSEC) indicated that the value of total merchandise export for June 2010 decreased by 3.7% year-on-year to MOP596 million, with value of domestic exports falling by 24.3% to MOP202 million, but that of re-exports rising by 11.9% to MOP394 million. The value of total merchandise import amounted to MOP3.68 billion, up by 28.7% year-on-year. A trade deficit of MOP3.08 billion was recorded for June 2010. In the second quarter of 2010, total value of merchandise export (MOP1.80 billion) dropped by 4.2% year-on-year, but that of merchandise import (MOP10.62 billion) rose by 22.5%, resulting in a trade deficit of MOP8.82 billion. In the first half year of 2010, total value of merchandise export fell by 7.1% year-on-year to MOP3.62 billion, of which the value of domestic exports declined by 33.2%, but that of re-exports expanded by 12.8%; meanwhile, total value of merchandise import grew by 20.9% to MOP20.48 billion. The trade deficit for the first half year of 2010 widened by 29.3% year-on-year to MOP16.86 billion; the exports/imports ratio went down by 5.3 percentage points year-on-year to 17.7%. Analyzed by destination of exports, value of merchandise export to Hong Kong (MOP1.64 billion) and Mainland China (MOP585 million) in the first half year of 2010 increased by 18.9% and 0.6% respectively year-on-year, while that to the USA (MOP385 million) and the EU (MOP201 million) decreased substantially by 52.6% and 47.1% respectively. Exports of Textile & garment amounted to MOP770 million, down by 48.9% year-on-year to account for 21.2% of the total merchandise export; however, value of Non-textile exports (MOP2.85 billion) grew by 19.3%, with that of Copper & articles thereof and Clocks & watches rising notably by 103.4% and 100.8% respectively. Regarding the country of origin of imported goods, in the first half year of 2010, value of merchandise import from Mainland China (MOP6.30 billion) and the EU (MOP4.44 billion) expanded by 20.4% and 25.1% respectively year-on-year. The value of imports of Consumer goods rose by 40.4% year-on-year, with that of Motor cars & motorcycles growing significantly by 122.6%; nevertheless, the value of imports of Capital goods and Raw materials & semi-manufactures fell by 11.8% and 1.3% respectively. In the first half year of 2010, total value of merchandise import and export amounted to MOP24.10 billion, up by 15.7% compared with MOP20.84 billion in the first half year of 2009.
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