Trade in goods with USA SITC (Standard International Trade Classification)
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Macao trade flows with USA by SITC*) product sections during 2023/3 - 2023/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2023/3
%
2023/4
%
2023/5
%
2023/6
%
2023/7
%
Export0.0 0.0 0.0 0.0 0.0
Import0.0 0.0 0.0 0.0 0.0
Trade in Goods0.0 0.0 0.0 0.0 0.0

USA's foreign trade with Macao, exports to Macao and imports from Macao in Juli 2023


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Macao was USA's 121. most important foreign trade partner. Weakening from the previous month was 5 places. $31 million worth of trade was 9.5 per cent lower than in Juli of the previous year. During the month, the balance of trade with Macao was $9.0 million of surplus.

The value of imports from Macao decreased by 0.4 per cent compared to in Juli of the previous year, thus amounting to $11 million in Juli 2023. Major product categories of imports from Macao were Sitc845 (articles of apparel, of textile fabrics, whether or not knitted or crocheted, n.e.s.), representing 23.9 percent of imports, Sitc931 (special transactions and commodities not classified according to kind) 20.0 % and Sitc842 (women's or girls' coats, capes, jackets, suits, trousers, shorts, shirts, dresses and skirts, underwear, nightwear and similar articles of textile fabrics, not knitted or crocheted (other than those of subgroup 845.2)) 19.4 % of the imports.

The value of exports to Macao declined by 13.9 per cent compared to in Juli of the previous year, thus amounting to $20 million in Juli 2023.

Significant increase in trade in goods in early 2023

During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 76.8 per cent and the value of the trade increased to $431 million. During January-Juli the value of imports was $68 million. The export value was $364 million. Compared to the corresponding period January - Juli in 2022, the value of imports during this period decreased by 23.8 %. The largest product group in terms of imports has been Sitc842 (women's or girls' coats, capes, jackets, suits, trousers, shorts, shirts, dresses and skirts, underwear, nightwear and similar articles of textile fabrics, not knitted or crocheted (other than those of subgroup 845.2)), worth $14 million. In export the largest value had Sitc263 (cotton), worth being $171 million. The value of exports during this period increased by 134.1 %. The trade balance between USA and Macaon between January and Juli was in surplus for USA. The timing surplus was $296 million.


Table: USA's export to Macao (MO) during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 0.1 0.2 0.1 0.3 0.9 1.7 0.3 1.1 0.4 1.9
1. Beverages and tobacco 1.8 2.4 1.2 2.3 0.1 0.2 0.5 1.7 0.9 4.7
11. Beverages 1.5 2.0 0.8 1.5 0.1 0.2 0.0 0.1 0.9 4.7
12. Tobacco and tobacco manufactures 0.3 0.4 0.4 0.8 00 0.5 1.7 00
2. Crude materials,inedible,except fuels 45.6 60.6 18.4 36.3 17.0 32.1 2.3 7.4 2.2 10.8
26. Textile fibres and their wastes 45.6 60.6 18.4 36.3 17.0 32.1 1.9 6.3 2.1 10.6
7. Machinery,transport equipment 1.7 2.2 1.5 2.9 1.3 2.5 3.3 10.7 2.2 10.9
75. Office machines and adp machines 0.4 0.6 0.2 0.3 0.2 0.5 1.6 5.1 0.1 0.3
77. Electric machinery,n.e.s.and parts 0.4 0.5 0.3 0.5 0.2 0.4 1.0 3.3 0.7 3.3
78. Road vehicles 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.9 4.5
8. Miscellaneous manufactured articles 11.7 15.6 19.6 38.8 24.1 45.5 18.9 61.5 10.9 54.2
88. Photographic equipment,optical goods etc. 0.6 0.8 0.3 0.6 0.2 0.4 0.4 1.2 0.4 2.1
89. Miscellaneous manufactured articles,n.e.s. 10.5 13.9 18.7 37.1 23.5 44.3 17.9 58.3 9.9 49.1
9. Goods not classified elsewhere 13.6 18.1 9.2 18.2 9.1 17.1 5.0 16.4 3.3 16.3
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 13.6 18.1 9.1 17.9 9.1 17.1 5.0 16.3 3.2 15.8
0-9. All groups combined 75.2 100.0 50.6 100.0 53.0 100.0 30.7 100.0 20.1 100.0

Source: US Census Bureau

Table: Import from Macao (MO) to USA during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
2. Crude materials,inedible,except fuels 0.8 8.6 00 00 00 00
27. Crude fertilizers and crude minerals 0.8 8.6 00 00 00 00
5. Chemicals and related products,n.e.s. 0.8 8.5 0.7 10.1 0.2 2.3 0.7 4.6 0.1 0.9
54. Medicinal and pharmaceutical products 0.8 8.5 0.7 10.1 0.2 2.2 0.7 4.5 0.1 0.5
6. Basic manufactures 0.0 0.1 0.1 1.1 0.6 6.0 0.2 1.2 0.4 4.0
69. Manufactures of metals,n.e.s. 00 0.1 0.8 0.5 5.3 0.2 1.1 0.4 3.8
8. Miscellaneous manufactured articles 3.5 37.8 5.4 75.5 6.5 63.4 11.8 80.1 8.1 73.0
84. Articles of apparel and clothing accessories 3.2 34.4 5.2 72.1 6.5 62.6 11.3 76.4 7.8 70.6
9. Goods not classified elsewhere 4.0 42.9 0.8 10.5 2.4 23.5 1.8 11.9 2.2 20.2
93. Special transactions and commodities not classified 3.9 42.4 0.7 10.1 2.4 23.0 1.7 11.7 2.2 20.0
0-9. All groups combined 9.3 100.0 7.2 100.0 10.3 100.0 14.7 100.0 11.1 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2023 (Sitc)


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