Decreasing textile, garment exports drive down Macao’s export value
www.chinaview.cn 2014-12-31 18:45:55
Xinhua, China
MACAO, Dec. 31 (Xinhua) — Macao’s total export value during the first 11 months of 2014 dropped by 1.4 percent year-on-year, as its textile and garment export value, accounting for 65.4 percent of the total, decreased by 11 percent, according to official statistics released on Monday.
Information from the government’s Statistics and Census Service(SCS) indicated that the total export value amounted to 18.6 billion patacas (2.3 billion U.S. dollars) during the January-to- November period, while the value of imports grew by 18.5 percent to 39.29 billion patacas (4.9 billion U.S. dollars), bringing about a trade deficit of 20.68 billion patacas (2.6 billion U.S. dollars). Read more about Decreasing textile, garment exports drive down Macao's export value …