2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Macau-United Kingdom Trade: In 2023, Macau exported $6.65M to United Kingdom. The main products that Macau exported to United Kingdom were Jewellery ($777k), Knit Sweaters ($683k), and Cement Articles ($638k). Over the past 5 years the exports of Macau to United Kingdom have increased at an annualized rate of 1.01%, from $6.32M in 2018 to $6.65M in 2023.

In 2023, Macau did not export any services to United Kingdom.

United Kingdom-Macau Trade: In 2023, United Kingdom exported $310M to Macau. The main products that United Kingdom exported to Macau were Trunks and Cases ($95.8M), Hard Liquor ($25.5M), and Jewellery ($23.6M). Over the past 5 years the exports of United Kingdom to Macau have increased at an annualized rate of 20%,  from $124M in 2018 to $310M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Macau exported $6.65M to United Kingdom. The main products exported from Macau to United Kingdom were Jewellery ($777k), Knit Sweaters ($683k), and Cement Articles ($638k). During the last 5 years the exports of Macau to United Kingdom have increased at an annualized rate of 1.01%, from $6.32M in 2018 to $6.65M in 2023.

In 2018, United Kingdom exported $310M to Macau. The main products exported from United Kingdom to Macau were Trunks and Cases ($95.8M), Hard Liquor ($25.5M), and Jewellery ($23.6M). During the last 5 years the exports of United Kingdom to Macau have increased at an annualized rate of 20%, from $124M in 2023 to $310M in 2018.

Exports from Macau (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and United Kingdom (Flag)

Macau Exports

United Kingdom Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
United Kingdom
Top Destination
United States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than Macau included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - United Kingdom

Flow
Scale

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

During 2023, Macau had a large net trade with United Kingdom in the exports of Textiles ($2.35M), Machines ($1.27M), and Precious Metals ($777k).

During 2018, United Kingdom had a large net trade with Macau in the exports of Animal Hides ($99.8M), Textiles ($47.3M), and Foodstuffs ($32.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and United Kingdom (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with