2022
Flag  
GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Macau-Italy Trade: In 2022, Macau exported $6.4M to Italy. The main products that Macau exported to Italy were Knit Men's Undergarments ($2.39M), Knit Sweaters ($553k), and Trunks and Cases ($416k). Over the past 5 years the exports of Macau to Italy have decreased at an annualized rate of 5.95%, from $8.69M in 2017 to $6.4M in 2022.

In 2022, Macau did not export any services to Italy.

Italy-Macau Trade: In 2022, Italy exported $382M to Macau. The main products that Italy exported to Macau were Trunks and Cases ($54.5M), Other Non-Knit Clothing Accessories ($49M), and Jewellery ($22.2M). Over the past 5 years the exports of Italy to Macau have increased at an annualized rate of 10.8%,  from $228M in 2017 to $382M in 2022.

In 2022, Italy did not export any services to Macau.

Comparison In 2022,  Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Macau exported $6.4M to Italy. The main products exported from Macau to Italy were Knit Men's Undergarments ($2.39M), Knit Sweaters ($553k), and Trunks and Cases ($416k). During the last 5 years the exports of Macau to Italy have decreased at an annualized rate of 5.95%, from $8.69M in 2017 to $6.4M in 2022.

In 2017, Italy exported $382M to Macau. The main products exported from Italy to Macau were Trunks and Cases ($54.5M), Other Non-Knit Clothing Accessories ($49M), and Jewellery ($22.2M). During the last 5 years the exports of Italy to Macau have increased at an annualized rate of 10.8%, from $228M in 2022 to $382M in 2017.

Exports from Macau (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Macau (Flag) (2022)

Latest Data

Trade between Macau (Flag) and Italy (Flag)

Macau Exports

Italy Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.22B
Italy
Top Destination
Germany$78.5B

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 2022, no countries were registered that imported more from Macau than from Italy.

In 2022, countries that imported more from Italy than Macau included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Macau (Flag) (2022)

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 2022, Macau had a large net trade with Italy in the exports of Textiles ($4.66M), Animal Hides ($531k), and Footwear and Headwear ($347k).

During 2017, Italy had a large net trade with Macau in the exports of Textiles ($179M), Animal Hides ($64.8M), and Footwear and Headwear ($31.1M).

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) (2022)

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