Macao's exports drop, imports rise

Macao's exports saw a year-on-year drop of 2.8 percent while imports saw a year-on-year rise of 14.9 percent in April, according to official statistics issued here on Wednesday.

The figures released by the government-run Statistics and Census Services (SCS) showed that during the period of January-April 2007, textile and garment exports, which accounted for 61.8 percent of Macao's total export value, witnessed a year-on-year drop of 24.3 percent.

The United States and the European Union remained as Macao's major export markets in the period, jointly making up 56.4 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.