Macao's exports soar, imports fall

Macao's exports saw a year-on-year rise of 23.8 percent and while imports dropped by 17.6 percent respectively in January, according to official statistics issued on Friday.

The figures released by the government-run Statistics and Census Services (SCS) showed that textile and garment exports, which accounted for 63.9 percent of Macao's total export value in the month, witnessed a year-on-year slump of 36.2 percent.

The United States and the European Union remained as Macao's major export markets in the period, jointly making up 59.0 percent of the total export value, the figures showed.

Meanwhile, the region's major suppliers of imported goods remained mainly in Asia, the statistics displayed.

Source: Xinhua