Macau is a Special Administrative Region (SAR) of the People's Republic of China.
Macau shares many of Hong Kong's business characteristics: it is an open economy and free port; the political environment is stable and the economic outlook is positive.
On the gaming side, the Macau government collected a record 29.3 billion patacas in direct casino taxes in 2007, an increase of 48% over 2006. Official statistics showed that direct gaming taxes accounted for 71.4% of the Macau SAR government's total revenue in 2007. Macao welcomes interest from all sectors.
The Government is also aiming to further develop the hospitality, catering, conference and exhibition sectors after the gradual diversification of the gaming industry over the next five to ten years.Macau is currently our 93rd largest goods trading partner with $1.2 billion in total (two way) goods trade during 2008. Goods exports totaled $307 million; Goods imports totaled $915 million. The U.S. goods trade deficit with Macau was $609 million in 2008.
US-Macau Trade Facts
Macau is currently our 126th largest goods trading partner with $446 million in total (two way) goods trade during 2013. Goods exports totaled $351 million; Goods imports totaled $95 million. The U.S. goods trade surplus with Macau was $257 million in 2013.
Macau was the United States' 113th largest goods export market in 2013.
U.S. goods exports to Macau in 2013 were $351 million, up 1.7% ($6 million) from 2012.
The top export categories (2-digit HS) in 2013 were: Aircraft ($143 million), Special Other (low value shipments) ($73 million), Electrical Machinery ($42 million), Precious Stones (jewelry) ($28 million), and Toys and Sports Equipment ($14 million).
U.S. agricultural exports to Macau in 2013 were $5 million.
Macau was the United States' 123rd largest supplier of goods imports in 2013.
U.S. goods imports from Macau totaled $95 million in 2013, a 0.4% decrease ($420 thousand) from 2012.
The five largest import categories in 2013 were: Special Other (returns) ($27 million), Knit Apparel ($19 million), Organic Chemicals ($14 million), Machinery ($9 million), and Woven Apparel ($5 million).
U.S. imports of agricultural products from Macau totaled $900 thousand in 2013.
The U.S. goods trade surplus with Macau was $257 million in 2013, up 2.5% ($6 million) from 2012.
U.S. foreign direct investment (FDI) in Macau (stock) was $1.3 billion in 2012 (latest data available), up 55.1% from 2011.
There is no information on the distribution of U.S. FDI in Macau.
Macau FDI in the United States (stock) was $629 million in 2012.
*NOTE: No services trade data with Macau is available.