China, Macao SAR · MO · MAC · BACI 446 · latest data 2024

Exports

$1.9B USD, nominal · 2024

= $1,863 M27.3% over 5 yrs (up)

Imports

$13.4B USD, nominal · 2024

= $13,440 M30.8% over 5 yrs (up)

Trade balancedeficit

−$11.6B USD, nominal · 2024

= $11,577 M

Total trade

$15.3B USD, nominal · 2024

= $15,303 M30.4% over 5 yrs (up)

World position
#141 of 225 exporters · bottom half · #105 of 225 importers · top half · 2024
World export share since 1995
−0.0 pp

Trade timeline

Macao's exports fell from $2.3B in 1995 to $1.9B in 2024; the 2024 balance was −$11.6B.

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Exports, imports, trade balance and total trade of Macao per year, USD millions.
YearExports ($M)Imports ($M)Balance ($M)Total ($M)
1995$2,295 M$2,679 M−$384 M$4,974 M
1996$2,341 M$2,653 M−$312 M$4,994 M
1997$2,575 M$2,932 M−$358 M$5,507 M
1998$2,387 M$2,809 M−$421 M$5,196 M
1999$2,461 M$2,636 M−$175 M$5,096 M
2000$2,620 M$2,784 M−$164 M$5,404 M
2001$2,468 M$2,721 M−$254 M$5,189 M
2002$2,651 M$3,004 M−$353 M$5,655 M
2003$2,912 M$3,506 M−$594 M$6,418 M
2004$3,400 M$3,829 M−$429 M$7,230 M
2005$2,820 M$4,251 M−$1,432 M$7,071 M
2006$2,904 M$4,950 M−$2,046 M$7,854 M
2007$2,910 M$5,943 M−$3,033 M$8,853 M
2008$2,382 M$6,054 M−$3,672 M$8,436 M
2009$1,259 M$4,886 M−$3,628 M$6,145 M
2010$1,000 M$5,581 M−$4,581 M$6,580 M
2011$1,163 M$7,487 M−$6,324 M$8,650 M
2012$1,320 M$7,796 M−$6,477 M$9,116 M
2013$1,682 M$9,981 M−$8,300 M$11,663 M
2014$1,439 M$10,950 M−$9,511 M$12,389 M
2015$1,559 M$13,148 M−$11,589 M$14,707 M
2016$1,260 M$8,602 M−$7,342 M$9,862 M
2017$1,427 M$9,046 M−$7,619 M$10,474 M
2018$1,402 M$9,645 M−$8,243 M$11,047 M
2019$1,463 M$10,273 M−$8,810 M$11,737 M
2020$1,392 M$7,793 M−$6,401 M$9,185 M
2021$1,758 M$12,427 M−$10,668 M$14,185 M
2022$1,791 M$12,486 M−$10,695 M$14,277 M
2023$1,932 M$12,556 M−$10,624 M$14,489 M
2024$1,863 M$13,440 M−$11,577 M$15,303 M
30 rows

USD millions, nominal · 1995–2024 · Source: CEPII BACI (HS92)

World share & rank

World export share moved from 0.0% in 1995 to 0.0% in 2024; export rank #84 → #141.

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World export and import share in percent, and world ranks, of Macao per year.
YearExport share (%)Import share (%)Export rankImport rank
19950.05%0.05%#84#84
19960.04%0.05%#87#92
19970.05%0.05%#86#92
19980.04%0.05%#85#93
19990.04%0.05%#84#92
20000.04%0.04%#94#99
20010.04%0.04%#97#103
20020.04%0.05%#96#100
20030.04%0.05%#95#100
20040.04%0.04%#102#101
20050.03%0.04%#112#105
20060.02%0.04%#117#108
20070.02%0.04%#118#109
20080.01%0.04%#130#117
20090.01%0.04%#146#121
20100.01%0.04%#153#115
20110.01%0.04%#155#115
20120.01%0.04%#152#120
20130.01%0.05%#147#108
20140.01%0.06%#151#105
20150.01%0.08%#143#91
20160.01%0.05%#147#106
20170.01%0.05%#146#107
20180.01%0.05%#149#110
20190.01%0.06%#149#103
20200.01%0.05%#147#113
20210.01%0.06%#150#100
20220.01%0.05%#148#108
20230.01%0.06%#144#105
20240.01%0.06%#141#105
30 rows

% of world trade and world rank · 1995–2024 · Source: CEPII BACI (HS92)

Trading partners

China was Macao's top trading partner in 2024, at 30.1% of total trade; the top five partners covered 72.8%.

Top partner share
30.1%
Top-5 share
72.8%
Partners
157
Partner HHI (0–1)
0.168

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Top partners of Macao in 2024, USD millions.
RankPartnerExports to ($M)Imports from ($M)Total ($M)Balance ($M)
#1China$97 M$4,506 M$4,604 M−$4,409 M
#2Hong Kong$1,396 M$2,409 M$3,805 M−$1,013 M
#3France$10 M$1,055 M$1,065 M−$1,045 M
#4United States$79 M$754 M$833 M−$675 M
#5Japan$10 M$818 M$829 M−$808 M
#6Italy$16 M$661 M$678 M−$645 M
#7Switzerland$26 M$317 M$344 M−$291 M
#8Vietnam$8 M$272 M$280 M−$264 M
#9Germany$13 M$251 M$264 M−$238 M
#10Singapore$7 M$224 M$231 M−$216 M
#11United Kingdom$9 M$222 M$231 M−$212 M
#12Australia$2 M$228 M$231 M−$226 M
#13Malaysia$14 M$205 M$219 M−$190 M
#14Indonesia$3 M$163 M$166 M−$159 M
#15Other Asia, nes$9 M$150 M$159 M−$141 M
15 rows

USD millions, nominal · 2024 · Source: CEPII BACI (HS92)

Flows are origin/destination attributions, not shipping routes.

Products & sectors

Product composition of Macao's trade in 2024.

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USD millions · HS92 · 2024 · Source: CEPII BACI (HS92)

Concentration & risk

Macao's export partners concentrated over 1995–2024 — HHI 0.212 → 0.567, a concentrated export base across 113 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Macao per year.
YearExport HHIImport HHIExport partnersImport partners
19950.2120.19910176
19960.1930.19410390
19970.2190.18310888
19980.2540.20511683
19990.2600.18210289
20000.2640.21811093
20010.2590.226114105
20020.2610.196115105
20030.2570.222118119
20040.2340.250122134
20050.2630.234119115
20060.2300.260124114
20070.1970.251123117
20080.2010.218124116
20090.1640.200120122
20100.1880.216124115
20110.2150.218122122
20120.2320.218123128
20130.2830.242133142
20140.3110.236128139
20150.3170.43012592
20160.3310.233119130
20170.3730.219126137
20180.4320.193133137
20190.4820.201126138
20200.4070.184129133
20210.4130.177134145
20220.4020.200129159
20230.5360.172123155
20240.5670.163113146
30 rows

HHI (0–1) and partner count · 1995–2024 · Source: CEPII BACI (HS92)

HHI is the Herfindahl–Hirschman index of partner shares on a 0–1 scale. Standard reading: below 0.10 diversified · 0.10–0.25 moderately concentrated · above 0.25 concentrated.

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The exact artifacts behind this page, as published:

Values are merchandise (goods) trade in nominal USD millions, from CEPII BACI under the HS92 classification, 1995–2024. Dataset generated 2026-06-08.

  • Goods trade only; values are nominal USD (not inflation-adjusted).
  • HS92 across 1995-2024All trade years 1995-2024 use HS92-compatible product codes for a consistent long-run series.
  • BACI country codesBACI numeric country codes can differ from standard ISO numeric codes (e.g. USA=842, France=251, India=699).
  • Origin/destination, not routesExporter/importer flows are origin/destination attributions and do not directly observe shipping routes.