Macau (MAC) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Macau-Russia Trade: In 2023, Macau exported $87.4k to Russia. The main products that Macau exported to Russia were Aircraft parts (gliders, balloons, and powered aircraft) ($32.3k), Telephones ($19.5k), and Other toys ($10.2k). Over the past 6 years the exports of Macau to Russia have decreased at an annualized rate of 28.1%, from $635k in 2017 to $87.4k in 2023.

In 2023, Macau did not export any services to Russia.

Russia-Macau Trade: In 2023, Russia exported $5.88M to Macau. The main products that Russia exported to Macau were Pig Meat ($3.17M), Processed Crustaceans ($1.16M), and Crustaceans ($456k). Over the past 6 years the exports of Russia to Macau have increased at an annualized rate of 7.35%, from $3.58M in 2017 to $5.88M in 2023.

In 2020, Russia exported services to Macau worth $3.65M, with Other business services ($3.33M), Transportation ($224k), and Royalties and license fees ($71k) being the largest in terms of value.

Comparison In 2023, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Macau exported $87.4k to Russia. The main products exported from Macau to Russia were Aircraft parts (gliders, balloons, and powered aircraft) ($32.3k), Telephones ($19.5k), and Other toys ($10.2k). During the last 6 years the exports of Macau to Russia have decreased at an annualized rate of 28.1%, from $635k in 2017 to $87.4k in 2023.

In 2018, Russia exported $5.88M to Macau. The main products exported from Russia to Macau were Pig Meat ($3.17M), Processed Crustaceans ($1.16M), and Crustaceans ($456k). During the last 5 years the exports of Russia to Macau have increased at an annualized rate of 7.35%, from $3.58M in 2023 to $5.88M in 2018.

Exports from Macau () to Russia () (2023)

Exports from Russia () to Macau () (2023)

Latest Data

Trade between Macau () and Russia ()

Macau Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Macau
Top DestinationHong Kong$1.4B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Macau than Russia included Vietnam ($13.7M), South Korea ($201k), and Suriname ($47.2k).

In 2023, countries that imported more from Russia than Macau included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Macau () (2023)

Comparative Advantage Macau - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Macau had a large net trade with Russia in the exports of Machines ($38.7k), Transportation ($32.3k), and Miscellaneous ($10.2k).

During 2018, Russia had a large net trade with Macau in the exports of Animal Products ($4.25M), Foodstuffs ($1.25M), and Precious Metals ($250k).

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Macau worth $3.65M, with Other business services ($3.33M), Transportation ($224k), and Royalties and license fees ($71k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Macau () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Macau () to Russia () (2023)

Exports from Russia () to Macau () (2023)

Latest Data

Trade between Macau () and Russia ()

Macau Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Macau () (2023)

Comparative Advantage Macau - Russia

Bilateral Service Trade

Services Exports from Russia () to Macau () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Macau () and Russia () (2023)

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