Merchandise trade (% of GDP) in Macao
Macao: Merchandise trade (% of GDP) was 33.2% in 2025. ◆ Volatile
Merchandise trade in Macao, 1982–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Macao recorded 33.2% for merchandise trade in 2025.
Compared with earlier readings it is down 7.2% on the previous year and up 24.9% over ten years.
Over the whole period, merchandise trade in Macao peaked at 131.5% in 1983 and was at its lowest, 21.6%, in 2017.
Macao ranks 168th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise trade (% of GDP) in Macao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 126.1% | — |
| 1983 | 131.5% | +4.3% |
| 1984 | 130.9% | -0.4% |
| 1985 | 123.6% | -5.6% |
| 1986 | 125.6% | +1.6% |
| 1987 | 128.8% | +2.5% |
| 1988 | 122.0% | -5.3% |
| 1989 | 115.4% | -5.4% |
| 1990 | 99.8% | -13.5% |
| 1991 | 93.4% | -6.4% |
| 1992 | 76.0% | -18.7% |
| 1993 | 67.3% | -11.4% |
| 1994 | 61.3% | -8.9% |
| 1995 | 57.3% | -6.4% |
| 1996 | 55.7% | -2.9% |
| 1997 | 58.2% | +4.5% |
| 1998 | 60.3% | +3.5% |
| 1999 | 64.8% | +7.5% |
| 2000 | 76.2% | +17.7% |
| 2001 | 74.7% | -2.0% |
| 2002 | 72.8% | -2.6% |
| 2003 | 70.5% | -3.1% |
| 2004 | 64.9% | -8.0% |
| 2005 | 57.5% | -11.4% |
| 2006 | 52.4% | -8.9% |
| 2007 | 46.6% | -11.1% |
| 2008 | 37.5% | -19.6% |
| 2009 | 26.5% | -29.4% |
| 2010 | 23.0% | -13.0% |
| 2011 | 23.9% | +3.7% |
| 2012 | 23.2% | -3.0% |
| 2013 | 21.9% | -5.5% |
| 2014 | 22.8% | +4.1% |
| 2015 | 26.6% | +16.7% |
| 2016 | 22.6% | -14.8% |
| 2017 | 21.6% | -4.7% |
| 2018 | 23.0% | +6.6% |
| 2019 | 23.2% | +0.7% |
| 2020 | 51.2% | +120.9% |
| 2021 | 68.0% | +32.9% |
| 2022 | 76.3% | +12.1% |
| 2023 | 42.1% | -44.8% |
| 2024 | 35.8% | -15.0% |
| 2025 | 33.2% | -7.2% |
Macao compared with similar countries
- Macao's 33.2% is below the median for high income countries, which is 55.2%, 60% of the median. (76 countries reporting)
- Macao's 33.2% is below the median for East Asia & Pacific, which is 56.3%, 59% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise trade (% of GDP) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +120.9% | 23.2% | 51.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 125.5% | 115.4% | 131.5% | 8 |
| 1990s | 69.4% | 55.7% | 99.8% | 10 |
| 2000s | 57.9% | 26.5% | 76.2% | 10 |
| 2010s | 23.2% | 21.6% | 26.6% | 10 |
| 2020s | 51.1% | 33.2% | 76.3% | 6 |
Countries ranked near Macao
More private sector data for Macao
- Food imports 18.3% (2025)
- Manufactures imports 70.3% (2025)
- Merchandise imports 15.54 billion current US$ (2025)
- Commercial service imports 7.02 billion current US$ (2025)
- Food exports 37.2% (2025)
- Manufactures exports 5.9% (2025)
- Merchandise exports 1.73 billion current US$ (2025)
- Commercial service exports 43.56 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,528 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0333 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade in Macao?
- Merchandise trade in Macao was 33.2% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Macao?
- The highest recorded value was 131.5% in 1983.
- What is the lowest merchandise trade recorded in Macao?
- The lowest recorded value was 21.6% in 2017.
- How does Macao rank for merchandise trade?
- Macao ranks 168th out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Macao?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.