International Trade in Macau SAR

International Trade in Macau SAR

After recording an annual economic growth of 16% on average during the years 2002-2008, The Macau territory entered recession. The  global economic crisis caused a collapse of its exports and especially of its tourism sector linked to gambling. The dynamic performance of the Chinese... Read more

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Market Analyses About Macau SAR (2)

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  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, Macau SAR

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...
  • Cooper, Claridge-Ware

    Cooper, Claridge-Ware

    Health Insurance, Macau SAR

    Cooper, Claridge-Ware (CCW) is an expert international insurance brokerage providing comprehensive Global Life Insurance and Expatriae...

Business Tips About Macau SAR (1)

Agents and Distributors in Macau SAR (1)

  • DKSH

    DKSH

    Market Entry, Macau SAR

    DKSH is the leading Market Expansion Services provider with a focus on Asia. As the term "Market Expansion Services" suggests,...

Overview About International Trade in Macau SAR

Economic Overview

After recording an annual economic growth of 16% on average during the years 2002-2008, The Macau territory entered recession. The  global economic crisis caused a collapse of its exports and especially of its tourism sector linked to gambling. The dynamic performance of the Chinese economy has neverthless allowed the country to recovery quickly already at the end of 2009. After a fall of 1.3% in 2009 (compared to 26% growth in 2007), the growth reached 31.4%, 49.1% adn 27.1% in the 1st, 2nd and 3rd quarter of 2010 respectively (figures reviewed and fixed at 17.2%, 31.5% and 27.1%). 

The fast development and the liberalization of the gambling industry had strongly boosted the economy and had promoted a steady growth in tourism. The crisis has shown the country's economic dependency on these sectors and it has caused the government to establish a policy of economic activity diversification. 

Macau is a flourishing territory where the unemployment rate remains among the lowest in the area (3% in 2008), where life expectancy at birth for both sexes is one of the highest in Asia (79 years) and where the GDP per capita is also one of the highest in Asia.

 

FDI in Figures

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