2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Macau-Italy Trade: In 2023, Macau exported $20.6M to Italy. The main products that Macau exported to Italy were Trunks and Cases ($3.32M), Knit Sweaters ($2.61M), and Knit Men's Undergarments ($2.36M). Over the past 5 years the exports of Macau to Italy have increased at an annualized rate of 19.9%, from $8.33M in 2018 to $20.6M in 2023.

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

Italy-Macau Trade: In 2023, Italy exported $601M to Macau. The main products that Italy exported to Macau were Trunks and Cases ($120M), Jewellery ($72.3M), and Other Non-Knit Clothing Accessories ($45.1M). Over the past 5 years the exports of Italy to Macau have increased at an annualized rate of 10.4%,  from $366M in 2018 to $601M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Macau exported $20.6M to Italy. The main products exported from Macau to Italy were Trunks and Cases ($3.32M), Knit Sweaters ($2.61M), and Knit Men's Undergarments ($2.36M). During the last 5 years the exports of Macau to Italy have increased at an annualized rate of 19.9%, from $8.33M in 2018 to $20.6M in 2023.

In 2018, Italy exported $601M to Macau. The main products exported from Italy to Macau were Trunks and Cases ($120M), Jewellery ($72.3M), and Other Non-Knit Clothing Accessories ($45.1M). During the last 5 years the exports of Italy to Macau have increased at an annualized rate of 10.4%, from $366M in 2023 to $601M in 2018.

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

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

Latest Data

Trade between Macau (Flag) and Italy (Flag)

Macau Exports

Italy Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Italy
Top Destination
Germany$71.4B

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

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

In 2023, countries that imported more from Italy than Macau included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Macau - Italy

Flow
Scale

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

During 2023, Macau had a large net trade with Italy in the exports of Textiles ($12.3M), Animal Hides ($3.75M), and Footwear and Headwear ($2.58M).

During 2018, Italy had a large net trade with Macau in the exports of Textiles ($223M), Animal Hides ($135M), and Precious Metals ($88.8M).

Economic Complexity

Competitive Landscape

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

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

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