External Merchandise Trade Statistics for October 2013

Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for October 2013 amounted to MOP700 million, up by 10% year-on-year; value of re-exports (MOP533 million) and domestic exports (MOP167 million) rose by 13% and 1% respectively. Total merchandise import reached MOP7.15 billion, up by 23% year-on-year. Merchandise trade deficit amounted to MOP6.45 billion for October 2013. In the first ten months of 2013, total value of merchandise export increased by 9% year-on-year to MOP7.43 billion, of which value of re-exports (MOP5.76 billion) increased by 18%, but that of domestic exports (MOP1.67 billion) decreased by 13%. Total value of merchandise import grew by 13% to MOP65.70 billion. Merchandise trade deficit widened to MOP58.27 billion for the first ten months of 2013. Analysed by destination, merchandise export to Hong Kong (MOP3.92 billion) and Mainland China (MOP1.35 billion) in the first ten months of 2013 increased by 14% and 21% respectively year-on-year, while export to the USA (MOP302 million) and the EU (MOP230 million) decreased by 28% and 12% respectively. In addition, exports of Non-textiles (MOP6.71 billion) expanded by 14% year-on-year, of which exports of Electronic components (MOP847 million) and Diamond & diamond jewellery (MOP497 million) surged by 77% and 164% respectively. Exports of Textiles & garments (MOP717 million) decreased by 20%, of which exports of Knitted or crocheted garments (MOP244 million) declined by 28%. By country of origin, merchandise import from Mainland China (MOP21.43 billion) and the EU (MOP15.27 billion) increased by 14% and 12% respectively year-on-year in the first ten months of 2013. Imports of Consumer goods rose by 19% to MOP41.96 billion, with imports of Gold jewellery (MOP7.71 billion), Watches (MOP5.03 billion) and Beauty, cosmetic & skin-care products (MOP2.21 billion) increasing by 27%, 22% and 74% respectively. Imports of Construction materials (MOP2.23 billion) grew by 45%. External merchandise trade reached MOP73.13 billion in the first ten months of 2013, up by 13% compared with MOP64.71 billion a year earlier.