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In 2010, The Value Of Exports Of Textiles And Garments Decreased By 34.1% In Macao.

2011/2/10 14:29:00 67

Value Of Exports Of Textiles And Garments From Macao

Macao statistics and Census Bureau data show that goods in Macao in December 2010

Exit

The total value was 540 million yuan (Macao dollar, the same below), a decrease of 20.6% over the same period, of which the export of local products (200 million yuan) increased by 1.2%, while that of re exports (340 million yuan) fell by 29.7%.

In terms of imports, the total value of imports of goods amounted to 4 billion 550 million yuan in December 2010, a marked increase of 25.8% over December 2009.

The trade deficit in December 2010 amounted to 4 billion 10 million yuan.

The total exports value ($1 billion 670 million) in the fourth quarter of 2010 decreased by 11.9% compared with the same quarter of 2009, while the total import (12 billion 360 million yuan) recorded an increase of 20.4%, and the trade deficit of goods was 10 billion 680 million yuan.

Macao's exports remained weak in 2010.

Total exports

The value of goods was 6 billion 960 million yuan, down 9.3% compared with 2009, and exports and re exports of local products decreased by 19.6% and 2.8% respectively.

Imports of goods rose to the level of 2007, and the total value of imports was 44 billion 120 million yuan, up 19.6% from 2009.

The trade deficit of goods in 2010 increased by 27.1% to 37 billion 160 million yuan over the same period. The import and export ratio of goods was 15.8%, which was 5 percentage points lower than that in 2009.

According to the destination statistics of export goods, the value of goods exported to Hongkong (3 billion yuan) and Mainland China (1 billion 100 million yuan) in 2010 dropped by 0.4% and 1.4% respectively compared with that in 2009, while the losses to the United States (780 million yuan) and the European Union (410 million yuan) fell by 40.2% and 35.2% respectively.

textile

The value of clothing exports was 1 billion 630 million yuan, a decrease of 34.1% compared to the same period, and the proportion of total exports to 23.4%.

The export of non textiles ($5 billion 330 million) recorded an increase of 2.5%, of which exports of cigarettes and liquor and copper and their products increased significantly by 47.6% and 40.5% respectively.

In terms of imports, the value of imports from mainland China ($13 billion 720 million) and the European Union ($9 billion 960 million) in 2010 increased by 18.6% and 27.5% respectively compared with 2009.

Imports of consumer goods increased by 32.6%, when the number of small and medium buses and motorcycles increased by 69.1%, while raw materials and semi manufactured goods decreased by 1.5%.