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Results of wholesale and retail survey 2015


Information from the Statistics and Census Service indicated that Receipts of Wholesale & Retail Trade amounted to MOP 108.72 billion in 2015, down by 5.6% year-on-year, while Expenditure decreased by 5.1% to MOP 99.19 billion, which led to a drop of 22.3% in Gross Surplus (MOP 10.83 billion) under the impact of local economic adjustment. Gross Value Added that measures the sectoral contribution to the economy dropped by 10.7% to MOP 19.29 billion and Gross Fixed Capital Formation soared by 125.1% to MOP 3.02 billion owing to the acquisition of real estate. Analysed by industry, there were 985 establishments operating in Sales of Motor Vehicles & Automotive Fuel, an increase of 16 year-on-year. Receipts decreased by 10.5% to MOP 6.73 billion, of which those from Sales of Motor Vehicles (MOP 4.02 billion) dropped by 13.9% in 2015 on account of a slowdown in domestic demand, while receipts from Retail Sale of Automotive Fuel (MOP 1.32 billion) fell by 12.1% as a result of the decline in fuel prices. Expenditure decreased by 21.8% to MOP 5.86 billion; however, supported by a growth of 88.3% in Gross Surplus of Maintenance and Repair of Vehicles (MOP 92 million), Gross Surplus of the industry rose by 5.5% to MOP 534 million. Gross Value Added grew by 4.7% year-on-year to MOP 1.04 billion. There were 4,910 Wholesale establishments, down by 55 year-on-year. Receipts decreased by 7.5% to MOP 34.34 billion, of which those from Wholesale of Food increased by 10.0% to MOP 12.57 billion, while receipts from Wholesale of Fuels (MOP 4.15 billion) as well as Wholesale of Machinery, Equipment & Supplies (MOP 5.32 billion) dropped by 36.5% and 17.1% respectively. Expenditure totalled MOP 31.96 billion, down by 7.7%. Gross Surplus edged down by 0.4% to MOP 2.94 billion, while Gross Value Added amounted to MOP 5.39 billion, up by 3.3% year-on-year. There were 6,484 Retail establishments, down by 13 year-on-year. Receipts recorded a decrease of 4.4% year-on-year, at MOP 65.90 billion, yet receipts from Retail Sales of Adults’ Clothing (MOP 8.55 billion), Household Appliances (MOP 5.55 billion) and Goods in Supermarkets (MOP 4.96 billion) rose by 19.7%, 63.4% and 4.0% respectively. As visitor spending declined, receipts from Sales of Watches, Clocks & Jewellery Goods (MOP 14.64 billion), Department Stores (MOP 9.46 billion) and Leather Articles (MOP 6.10 billion) dropped by 20.8%, 17.3% and 27.6% respectively. Expenditure decreased by 1.8% year-on-year to MOP 59.90 billion, of which Purchase of Goods and Commission Paid fell by 5.8% to MOP 43.13 billion (72.0% of total) with Operating Expenses and Compensation of Employees increasing by 8.9% and 12.3% respectively. Gross Surplus declined by 30.8% year-on-year to MOP 7.07 billion. Gross Value Added amounted to MOP 12.50 billion, down by 16.9%, while Gross Fixed Capital Formation of the industry surged by 198.5% to MOP 3.23 billion upon the acquisitions of real estate by some establishments. Market stalls and fixed stalls on the street totalled at 1,616. Receipts and Expenditure of these stalls amounted to MOP 1.75 billion and MOP 1.46 billion respectively, up by 7.1% and 7.5% year-on-year. Gross Surplus increased by 5.2% to MOP 291 million and Gross Value Added amounted to MOP 359 million, up by 7.5%. In 2015, a total of 13,995 Wholesale & Retail establishments, market stalls and fixed stalls on the street were operating, down by 86 year-on-year. Total number of persons engaged was 63,472, up by 2.3%, with employees (51,902) accounting for 81.8% of the total.



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