Information from the Statistics and Census Service (DSEC) indicated that total merchandise export for November 2016 amounted to MOP798 million, down by 8.1% year-on-year; value of re-exports (MOP617 million) slid by 13.9%, but that of domestic exports (MOP181 million) rose by 19.4%. Total merchandise import increased by 2.9% year-on-year to MOP6.82 billion, of which imports of Watches and Beauty, cosmetic & skin-care products expanded by 69.1% and 31.5% respectively. Merchandise trade deficit amounted to MOP6.03 billion.
From January to November 2016, total value of merchandise export dropped by 5.1% year-on-year to MOP9.29 billion, of which value of re-exports (MOP7.49 billion) decreased by 8.1%, but that of domestic exports (MOP1.81 billion) increased by 10.0%. Total value of merchandise import fell by 16.6% to MOP64.78 billion. Merchandise trade deficit widened to MOP55.48 billion for the first eleven months of 2016.
Analysed by destination, merchandise export to Mainland China decreased by 3.8% year-on-year to MOP1.61 billion in the first eleven months of 2016, of which exports to the nine provinces of the Pan Pearl River Delta (MOP1.52 billion) fell by 6.0%, and exports to Hong Kong (MOP5.15 billion) dropped by 11.7%. Meanwhile, exports to the EU (MOP165 million) and the USA (MOP148 million) reduced by 18.4% and 19.7% respectively, whereas exports to the Portuguese-speaking Countries (MOP6 million) jumped by 629.1%. Exports of Non-textiles declined by 4.4% year-on-year to MOP8.63 billion, of which value of Clocks & watches (MOP919 million) dropped by 20.5%, but that of Tobacco & wine (MOP748 million) grew by 46.0%. Exports of Textiles & garments totalled MOP661 million, down by 13.3%.
By place of origin, merchandise import from Mainland China (MOP23.73 billion) and the EU (MOP15.43 billion) in the first eleven months of 2016 decreased by 18.7% and 10.4% respectively year-on-year. However, imports from the Portuguese-speaking Countries (MOP606 million) increased by 12.6%. Analysed by place of consignment, merchandise import from Mainland China declined by 5.6% to MOP11.05 billion, of which imports from the nine provinces of the Pan Pearl River Delta (MOP10.41 billion) fell by 6.7%. Imports of Consumer goods dropped by 12.9% to MOP40.34 billion, with imports of Watches (MOP4.26 billion) and Motor cars & motorcycles (MOP1.19 billion) decreasing by 26.9% and 54.0% respectively. Moreover, value of imports of Fuels & lubricants (MOP5.64 billion), Mobile phones (MOP4.41 billion) and Construction materials (MOP1.81 billion) declined by 12.2%, 39.4% and 37.8% respectively.
External merchandise trade totalled MOP74.07 billion in the first eleven months of 2016, down by 15.3% compared with MOP87.48 billion a year earlier.