Net trade in goods and services in Macao
Macao: Net trade in goods and services was 20.92 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Macao, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Macao is 20.92 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 17.7% on the previous year and down 27.6% over ten years.
Over the whole period, net trade in goods and services in Macao peaked at 30.87 billion BoP, current US$ in 2013 and was at its lowest, -195.57 million BoP, current US$, in 2022.
Macao ranks 23rd of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Macao, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2002 | 2.52 billion BoP, current US$ | — |
| 2003 | 2.88 billion BoP, current US$ | +14.4% |
| 2004 | 4.33 billion BoP, current US$ | +50.1% |
| 2005 | 3.94 billion BoP, current US$ | -8.9% |
| 2006 | 4.21 billion BoP, current US$ | +6.9% |
| 2007 | 5.00 billion BoP, current US$ | +18.7% |
| 2008 | 6.89 billion BoP, current US$ | +38.0% |
| 2009 | 9.38 billion BoP, current US$ | +36.2% |
| 2010 | 15.51 billion BoP, current US$ | +65.3% |
| 2011 | 21.30 billion BoP, current US$ | +37.3% |
| 2012 | 24.98 billion BoP, current US$ | +17.3% |
| 2013 | 30.87 billion BoP, current US$ | +23.6% |
| 2014 | 28.91 billion BoP, current US$ | -6.3% |
| 2015 | 17.15 billion BoP, current US$ | -40.7% |
| 2016 | 18.31 billion BoP, current US$ | +6.8% |
| 2017 | 23.06 billion BoP, current US$ | +25.9% |
| 2018 | 27.06 billion BoP, current US$ | +17.4% |
| 2019 | 27.55 billion BoP, current US$ | +1.8% |
| 2020 | -26.40 million BoP, current US$ | -100.1% |
| 2021 | 3.82 billion BoP, current US$ | -14574.8% |
| 2022 | -195.57 million BoP, current US$ | -105.1% |
| 2023 | 17.78 billion BoP, current US$ | -9189.0% |
| 2024 | 20.92 billion BoP, current US$ | +17.7% |
Macao compared with similar countries
- Macao's 20.92 billion BoP, current US$ is above the median for high income countries, which is 2.86 billion BoP, current US$, 7.3× the median. (72 countries reporting)
- Macao's 20.92 billion BoP, current US$ is above the median for East Asia & Pacific, which is -105.08 million BoP, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +14574.8% | -26.40 million BoP, current US$ | 3.82 billion BoP, current US$ |
| 2023 | +9189.0% | -195.57 million BoP, current US$ | 17.78 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.89 billion BoP, current US$ | 2.52 billion BoP, current US$ | 9.38 billion BoP, current US$ | 8 |
| 2010s | 23.47 billion BoP, current US$ | 15.51 billion BoP, current US$ | 30.87 billion BoP, current US$ | 10 |
| 2020s | 8.46 billion BoP, current US$ | -195.57 million BoP, current US$ | 20.92 billion BoP, current US$ | 5 |
Countries ranked near Macao
- 20 Czechia 22.69 billion BoP, current US$ compare
- 21 Thailand 22.33 billion BoP, current US$ compare
- 22 Saudi Arabia 22.16 billion BoP, current US$ compare
- 24 Sweden 20.27 billion BoP, current US$ compare
- 25 Oman 18.53 billion BoP, current US$ compare
- 26 Hong Kong 16.59 billion BoP, current US$ compare
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 74,350 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.02 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0988 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,499 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.3012 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 22,860 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.4232 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net trade in goods and services in Macao?
- Net trade in goods and services in Macao was 20.92 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Macao?
- The highest recorded value was 30.87 billion BoP, current US$ in 2013.
- What is the lowest net trade in goods and services recorded in Macao?
- The lowest recorded value was -195.57 million BoP, current US$ in 2022.
- How does Macao rank for net trade in goods and services?
- Macao ranks 23rd out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Macao?
- Over the last ten years it is down 27.6%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.