2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

United Kingdom-Macau Trade: In 2023, United Kingdom exported $310M to Macau. The main products that United Kingdom exported to Macau were Trunks and Cases ($95.8M), Hard Liquor ($25.5M), and Jewellery ($23.6M). Over the past 5 years the exports of United Kingdom to Macau have increased at an annualized rate of 20%, from $124M in 2018 to $310M in 2023.

In 2023, United Kingdom did not export any services to Macau.

Macau-United Kingdom Trade: In 2023, Macau exported $6.65M to United Kingdom. The main products that Macau exported to United Kingdom were Jewellery ($777k), Knit Sweaters ($683k), and Cement Articles ($638k). Over the past 5 years the exports of Macau to United Kingdom have increased at an annualized rate of 0.56%,  from $6.32M in 2018 to $6.65M in 2023.

In 2023, Macau did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $310M to Macau. The main products exported from United Kingdom to Macau were Trunks and Cases ($95.8M), Hard Liquor ($25.5M), and Jewellery ($23.6M). During the last 5 years the exports of United Kingdom to Macau have increased at an annualized rate of 20%, from $124M in 2018 to $310M in 2023.

In 2018, Macau exported $6.65M to United Kingdom. The main products exported from Macau to United Kingdom were Jewellery ($777k), Knit Sweaters ($683k), and Cement Articles ($638k). During the last 5 years the exports of Macau to United Kingdom have increased at an annualized rate of 0.56%, from $6.32M in 2023 to $6.65M in 2018.

Exports from United Kingdom (Flag) to Macau (Flag) (2023)

Exports from Macau (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Macau
Top Destination
Hong Kong$1.4B

This map shows whether countries import more from United Kingdom or Macau. Each country is colored based on the difference in imports they receive from United Kingdom and Macau or the difference in the growth in imports.

In 2023, countries that imported more from United Kingdom than Macau included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Macau than from United Kingdom.

Difference in imports from Macau (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Macau

Flow
Scale

This chart compares trade between United Kingdom and Macau by product, considering products traded by both, United Kingdom and Macau.

During 2023, United Kingdom had a large net trade with Macau in the exports of Animal Hides ($99.8M), Textiles ($47.3M), and Foodstuffs ($32.8M).

During 2018, Macau had a large net trade with United Kingdom in the exports of Textiles ($2.35M), Machines ($1.27M), and Precious Metals ($777k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Macau. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Macau (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with