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Trade Surplus of Macao SAR Soars in First 10 Months
The Macao Special Administrative Region (SAR) of China scored a trade surplus of 1.95 billion patacas (US$243.75 million) in the first 10 months this year, official statistics show.
The trade surplus jumped by 57.9 percent over the same period of last year, according to the figures released Wednesday by the Statistics and Census Services of the Macao SAR government.
In the 10 months, Macao's export and import volumes were 16.75 billion patacas (US$2.09 billion) and 14.8 billion patacas (US$1.85 billion), showing rises of 14.7 percent and 10.7 percent, respectively, over a year ago.
Textiles and garments remained the leading export items, accounting for 82.7 percent of all exports.
Exports to the United States and the European Union took up 48.2 percent and 28.5 percent, respectively, of the total export volumes. Those to China's inland areas and the Hong Kong SAR represented 16.8 percent.
Most imports came from the Asian-Pacific region. China's inland areas and Hong Kong supplied 56.4 percent of the total while goods from the United States and the European Union accounted for 13.9 percent.
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