Exports from Lusophone countries to Macau up 25%
Export of goods from Portuguese-speaking countries to Macau – a former Portuguese colony and gateway to China – rose by 25% in January and February like-for-like on 2021.
For the two months this year, the value of exports from Lusophone countries to the Special Chinese Administrative Region of Macau stood at €132 million patacas (€14.7 million) according to the Directorate of Census and Statistical Services (DSEC).
The amount of goods imported from Macau by the same group of countries (Portugal, Mozambique, Angola, East Timor, Guiné Bissau, Brazil, Goa, the Cape Verde Islands and São Tomé and Príncipe islands) grew 45.6% in annual terms, to 236,000 patacas (€26,000).
For the period under analysis, Macau recorded a total value of goods exports of 27Bn patacas (€3Bn) up 33.3% on January and February 2021.
The trade balance stood at 22.1Bn patacas (€2.4Bn) for the first two months of the year according to DSEC.
Photo: Simon Zhu.