United States (USA) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Pricing

United States (USA) and Macau (MAC) Trade

2022

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Exports $361MRnk 113 / 219

2022

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About

United States-Macau In 2022, United States exported $361M to Macau. The main products that United States exported to Macau are Jewellery ($117M), Raw Cotton ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of United States to Macau have increased at an annualized rate of 3.84%, from $131M in 1995 to $361M in 2022.

In 2022, United States did not export any services to Macau.

Macau-United States In 2022, Macau exported $135M to United States. The main products that Macau exported to United States were Non-Knit Women's Suits ($47.3M), Knitted Hats ($23.5M), and Knit Men's Undergarments ($12.3M). During the last 27 years the exports of Macau to United States have decreased at an annualized rate of 6.67%, from $870M in 1995 to $135M in 2022.

In 2022, Macau did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from Macau to the United States. Conversely, were notable for importing Macau products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $39.2M and imported $11.1M from Macau, resulting in a positive trade balance of $28M. Between January 2023 and January 2024 the exports of United States have decreased by $-6.95M (-15.1%) from $46.1M to $39.2M, while imports increased by $1.43M (14.8%) from $9.7M to $11.1M.

Trade In January 2024, the top exports of United States to Macau were Raw Cotton ($24.6M), Jewellery ($9.77M), Commodities not elsewhere specified ($8.33M), Optical Fibers and optical fibre bundles ($612k), and Other Measuring Instruments ($334k). In January 2024 the top imports of United States from Macau were Knitted Hats ($2.3M), Non-Knit Women's Suits ($2.2M), Commodities not elsewhere specified ($2.07M), Antibiotics ($771k), and Knit Sweaters ($578k).

Origins In January 2024 the exports of United States were mainly from New York ($15.7M), California ($12M), Utah ($993k), Pennsylvania ($712k), and Tennessee ($513k), while imports destinations were mainly New York ($5.29M), California ($1.43M), North Carolina ($1.37M), Massachusetts ($1.26M), and Kentucky ($299k).

Growth In January 2024, the decrease in United States's year-by-year exports to Macau was explained primarily by an decrease in product exports in Video and Card Games ($-1.28M or -89.8%), Telephones ($-754k or -71.7%), and Antiques ($-327k or -97.6%). In January 2024, the increase in United States's year-by-year imports from Macau was explained primarily by an increase in product imports in Antibiotics ($761k or 7.61k%), Knitted Hats ($597k or 35%), and Non-Knit Men's Suits ($235k or 81.9%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-6.95M(-15.1%)

IMPORT GROWTH (January 2023 - January 2024)$1.43M(14.8%)

MAIN EXPORTER (January 2024)New York$15.7M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Macau and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $361M to Macau. The main products exported from United States to Macau were Jewellery ($117M), Raw Cotton ($25.2M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of United States to Macau have increased at an annualized rate of 3.84%, from $131M in 1995 to $361M in 2022.

In 2022, Macau exported $135M to United States. The main products exported from Macau to United States were Non-Knit Women's Suits ($47.3M), Knitted Hats ($23.5M), and Knit Men's Undergarments ($12.3M). During the last 27 years the exports of Macau to United States have decreased at an annualized rate of 6.67%, from $870M in 1995 to $135M in 2022.

Exports from United States () to Macau () (2022)

Exports from Macau () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Macau
Top DestinationHong Kong$1.22B

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

In 2021, countries that imported more from United States than Macau were Canada ($308B), Mexico ($294B), and China ($151B).

In 2019, no countries were registered that imported more from Macau than from United States.

Difference in imports from Macau () and United States () (2022)

Comparative Advantage United States - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Macau in the exports of Precious Metals ($124M), Chemical Products ($52.1M), and Textiles ($31.7M).

During 2022, Macau had a large net trade with United States in the exports of Textiles ($88.7M), Footwear and Headwear ($23.9M), and Chemical Products ($10.1M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over Macau. Similarly, the more yellow a dot/product is, the more Macau has comparative advantage over United States.

Product Space of United States () and Macau () (2022)

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