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Balance of trade · Macau

Macau Balance of Trade

The Macau Balance of Trade shows the difference between the value of goods (and sometimes services) that Macau sells abroad and what it buys from abroad, or the growth of exports and imports.

Importance
Low
Released
Monthly
Next release

Latest figures

The latest release for SEP, published on 30 October 2026, came in at MOP-12.3B.

ReleasedForActualConsensusPrevious
30 Oct 2026SEPMOP-12.3B–MOP-10.1B
25 Sep 2026AUGMOP -10.1B–MOP-10.0B
28 Aug 2026JULMOP -10.0B–MOP-10.9B
31 Jul 2026JUNMOP -10.9B–MOP-10.8B
26 Jun 2026MAYMOP -10.8B–MOP-11.8B
29 May 2026APRMOP -11.8B–MOP-11.6B
30 Apr 2026MARMOP -11.6B–MOP-9.8B ®
27 Mar 2026FEBMOP -9.9B–MOP-11.7B
26 Feb 2026JANMOP -11.7B–MOP-10.6B
30 Jan 2026DECMOP -10.6B–MOP-10.1B
30 Dec 2025NOVMOP -10.1B–MOP-9.9B
28 Nov 2025OCTMOP -9.9B–MOP-10.2B

See it in the economic calendar →

Why it matters

Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the the local currency; strong imports signal domestic demand. China's figures are read as a gauge of world demand.

How it is calculated

Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.

Trade balance = exports − imports

What changes mean

  • Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
  • Exchange-rate moves take months to affect trade volumes (the J-curve).

Higher than expected: A larger surplus (or smaller deficit) than expected tends to support the the local currency.

Lower than expected: A smaller surplus (or larger deficit) than expected tends to weigh on the the local currency.

A short history

Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.

Questions

What is the Macau Balance of Trade?

The Macau Balance of Trade shows the difference between the value of goods (and sometimes services) that Macau sells abroad and what it buys from abroad, or the growth of exports and imports.

What was the latest Macau Balance of Trade?

MOP-12.3B for SEP, published on 30 October 2026.

When is the next Macau Balance of Trade?

On Friday 27 November 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.