2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Macau-Australia Trade: In 2023, Macau exported $3.03M to Australia. The main products that Macau exported to Australia were Antibiotics ($1.5M), Knit Men's Undergarments ($227k), and Other Animal Fats ($192k). Over the past 5 years the exports of Macau to Australia have decreased at an annualized rate of 40%, from $39.1M in 2018 to $3.03M in 2023.

In 2023, Macau did not export any services to Australia.

Australia-Macau Trade: In 2023, Australia exported $108M to Macau. The main products that Australia exported to Macau were Video and Card Games ($28.5M), Wine ($15.9M), and Crustaceans ($6.94M). Over the past 5 years the exports of Australia to Macau have increased at an annualized rate of 1.53%,  from $99.9M in 2018 to $108M in 2023.

In 2023, Australia did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Macau exported $3.03M to Australia. The main products exported from Macau to Australia were Antibiotics ($1.5M), Knit Men's Undergarments ($227k), and Other Animal Fats ($192k). During the last 5 years the exports of Macau to Australia have decreased at an annualized rate of 40%, from $39.1M in 2018 to $3.03M in 2023.

In 2018, Australia exported $108M to Macau. The main products exported from Australia to Macau were Video and Card Games ($28.5M), Wine ($15.9M), and Crustaceans ($6.94M). During the last 5 years the exports of Australia to Macau have increased at an annualized rate of 1.53%, from $99.9M in 2023 to $108M in 2018.

Exports from Macau (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and Australia (Flag)

Macau Exports

Australia Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Macau than Australia included Cape Verde ($69.8k).

In 2023, countries that imported more from Australia than Macau included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Australia

Flow
Scale

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

During 2023, Macau had a large net trade with Australia in the exports of Chemical Products ($1.51M), Textiles ($669k), and Animal and Vegetable Bi-Products ($192k).

During 2018, Australia had a large net trade with Macau in the exports of Miscellaneous ($28.9M), Foodstuffs ($26M), and Animal Products ($22.3M).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Australia (Flag) (2023)

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