India (IND) and Macau (MAC) Trade | The Observatory of Economic Complexity

About

India-Macau In 2022, India exported $28.7M to Macau. The main products that India exported to Macau are Raw Iron Bars ($6.57M), Diamonds ($6.37M), and Fish: dried, salted, smoked or in brine ($3.42M). During the last 27 years the exports of India to Macau have increased at an annualized rate of 7.11%, from $4.49M in 1995 to $28.7M in 2022.

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

Macau-India In 2022, Macau exported $14.7M to India. The main products that Macau exported to India were Antibiotics ($8.01M), Printed Circuit Boards ($3.74M), and Integrated Circuits ($1.06M). During the last 27 years the exports of Macau to India have increased at an annualized rate of 26.5%, from $25.7k in 1995 to $14.7M in 2022.

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

Comparison In 2022, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, India exported $60.2k and imported $615k from Macau, resulting in a negative trade balance of $555k. Between January 2023 and January 2024 the exports of India have decreased by $-64.9k (-51.9%) from $125k to $60.2k, while imports decreased by $-367k (-37.3%) from $982k to $615k.

Trade In January 2024, the top exports of India to Macau were Motor Vehicle/Cars ($50.9k), Cotton Fabrics, Madeups Etc. ($30.1k), Drug Formulations, Biologicals ($21.5k), Other Misc. Engineering Items ($20.1k), and Packaging Materials ($1.46k). In January 2024 the top imports of India from Macau were Bulk Drugs, Drug Intermediates ($617k), Electronics Components ($330k), and Electronics Instruments ($35.3k).

Growth In January 2024, the decrease in India's year-by-year exports to Macau was explained primarily by an decrease in product exports in Leather Goods ($-6.18k or -97.6%). In January 2024, the decrease in India's year-by-year imports from Macau was explained primarily by an decrease in product imports in Bulk Drugs, Drug Intermediates ($-691k or -52.8%) and Electronics Components ($-249k or -43%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-64.9k(-51.9%)

IMPORT GROWTH (January 2023 - January 2024)$-367k(-37.3%)

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

To check Macau and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Macau and India Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $28.7M to Macau. The main products exported from India to Macau were Raw Iron Bars ($6.57M), Diamonds ($6.37M), and Fish: dried, salted, smoked or in brine ($3.42M). During the last 27 years the exports of India to Macau have increased at an annualized rate of 7.11%, from $4.49M in 1995 to $28.7M in 2022.

In 2022, Macau exported $14.7M to India. The main products exported from Macau to India were Antibiotics ($8.01M), Printed Circuit Boards ($3.74M), and Integrated Circuits ($1.06M). During the last 27 years the exports of Macau to India have increased at an annualized rate of 26.5%, from $25.7k in 1995 to $14.7M in 2022.

Exports from India () to Macau () (2022)

Exports from Macau () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Macau
Top DestinationHong Kong$1.22B

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

In 2021, countries that imported more from India than Macau were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Difference in imports from Macau () and India () (2022)

Comparative Advantage India - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Macau in the exports of Metals ($6.6M), Precious Metals ($6.53M), and Animal Products ($4.18M).

During 2022, Macau had a large net trade with India in the exports of Chemical Products ($8.11M), Machines ($5.37M), and Metals ($905k).

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 India has comparative advantage over Macau. Similarly, the more yellow a dot/product is, the more Macau has comparative advantage over India.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from India () to Macau () (2022)

Exports from Macau () to India () (2022)

Market Competitiveness

Difference in imports from Macau () and India () (2022)

Comparative Advantage India - Macau

Economic Complexity

Competitive Landscape

Product Space of India () and Macau () (2022)

Keep Exploring