Exports Of Textiles And Garments Decreased From 17.4% To November In Macao From January To November.
Macao statistics and Census Bureau data show that goods in Macao in November 2011
Exit
The total value was 650 million yuan (Macao yuan, the same below), an increase of 14.2% over the same period. Local exports (220 million yuan) and re exports (430 million yuan) increased by 16.1% and 13.2% respectively.
Export of entertainment products
rise
Up to 106.1%.
The total value of imports of goods ($6 billion 230 million) in November 2011 increased by 51.9% compared with the same month in 2010. The imports of gold jewelry and mobile phones increased by 174.1% and 81% respectively.
The trade deficit in November amounted to 5 billion 580 million yuan.
In the first eleven months of 2011, the total export value (6 billion 240 million yuan) fell 2.8% compared with the same period in 2010, of which the export and re export of local products fell 1.2% and 3.6% respectively, and the total import value of the same period rose by 41.7% to 56 billion 50 million yuan.
Shipment from January 2011 to November
Trade
The deficit was 49 billion 810 million yuan, an increase of 50.3% over the same period. The import and export ratio of goods dropped to 11.1%, down 5.1 percentage points from the same period in 2010.
The value of goods exported to Hongkong (2 billion 750 million yuan), mainland China (990 million yuan) and the United States (500 million yuan) from January 2011 to November decreased by 1.2%, 3.6% and 31.2% respectively compared with the same period in 2010.
Value of exports of textiles and garments ($1 billion 230 million)
Decline
It was 17.4%; diamond and diamond jewellery (220 million yuan) fell by 64.6%, while smoking and drinking (590 million yuan) and machinery and equipment and parts (540 million yuan) increased by 53.4% and 29.8% respectively.
In the first eleven months of 2011, the value of imports from mainland China (17 billion 50 million yuan) and the European Union (13 billion 960 million yuan) increased by 38% and 59.5% respectively compared with the same period in 2010.
Imports of consumer goods rose 48.1% to 34 billion 660 million yuan, of which food and beverages (7 billion 750 million yuan), gold jewelry (6 billion 20 million yuan) and handbags and silver bags (3 billion 100 million yuan) increased by 36.3%, 103.9% and 119.7% respectively. In addition, the value of imports of capital goods (9 billion 700 million yuan) recorded an increase of 58.3% over the same period.
From January 2011 to November, Macao's total value of external merchandise trade amounted to 62 billion 290 million yuan, up 35.5% from 45 billion 990 million yuan in the same period in 2010.
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