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Home >> Business
UPDATED: 09:43, December 03, 2005
Macao sees rise of foreign trade in October
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Macao's exports and imports rose 13.2 percent and 29.0 percent respectively in October over the same period of 2004, according to official statistics released here on Friday.

However, the figures from the government-run Statistics and Census Service showed that the value of exports in the first 10 months recorded a year-on-year drop of 17.2 percent, while the value of imports logged an increase of 10.8 percent.

The figures showed that textile and garment exports, which accounted for 77.1 percent of Macao's total export value, have witnessed a slidedown through the first 10 months.

Analysts viewed it as a major factor which led to the sharp plunge of the region's exports through the year.

Meanwhile, the rise of the imports is mainly due to the climbing fuel prices.

Source: Xinhua


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