In 2019, Macau exported a total of $1.27B, making it the number 149 exporter in the world. During the last five reported years the exports of Macau have changed by -$141M from $1.41B in 2014 to $1.27B in 2019.
In 2019 Macau imported $9.34B, making it the number 109 trade destination in the world. During the last five reported years the imports of Macau changed by -$1.11B from $10.5B in 2014 to $9.34B in 2019.
In 2018, Macau exported $43.5B worth of services. The top services exported by Macau in 2018 were Personal travel ($37.9B), Business travel ($2.41B), Financial services ($1.15B), Other business services ($923M), and Transportation ($694M).
The top services imported by Macau in 2018 were Personal travel ($1.39B), Other business services ($1.07B), Financial services ($599M), Transportation ($468M), and Construction services ($462M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.