Macau exports less

The value of total merchandise exports for July 2010 decreased by 3.4 percent year-on-year to MOP609 million (US$76 million), according to official data. The value of total merchandise imports amounted to MOP3.83 billion, up by 19.4 percent year-on-year. A trade deficit of MOP3.22 billion was recorded for July 2010. In the first seven months of 2010, the total value of merchandise exports fell by 6.5 percent year-on-year to MOP4.23 billion; meanwhile, the total value of merchandise imports grew by 20.5% to MOP24.29 billion. The trade deficit from January to July 2010 widened by 28.4 percent year-on-year to MOP20.05 billion.