Macau

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

Exports

Macau was the United States' 110th largest goods export market in 2008.

U.S. goods exports to Macau in 2008 were $307 million, up 35.5% ($80 million) from 2007.

The top export categories (2-digit HS) in 2008 were: Aircraft ($72 million), Special Other (low value shipments) ($54 million), Precious Stones ($37 million), Machinery ($36 million), and Toys and Sports Equipment ($34 million).

U.S. agricultural exports to Macau in 2008 were $7 million.

Imports

Macau was the United States' 80th largest supplier of goods imports in 2008.

U.S. goods imports from Macau totaled $915 million in 2008, a 16.4% decrease ($180 million) from 2007.

The five largest import categories in 2008 were: Knit Apparel ($501 million), Woven Apparel ($335 million), Electrical Machinery ($25 million), Organic Chemicals ($7 million), and Special Other (returns) ($7 million).

U.S. imports of agricultural products from Macau totaled $1 million in 2008.

Trade Balance

The U.S. goods trade deficit with Macau was $609 million in 2008, a 29.9% decrease ($260 million) from 2007.

Investment

U.S. foreign direct investment (FDI) in Macau (stock) was $298 million in 2007 (latest data available), a 15.1 percent increase from 2006.

Macau FDI in the United States (stock) was not available in 2007 (latest data available). It was $40 million in 2006.