Macao's exports fall, imports rise in July

Macao's total value of exports saw a year-on-year slide of 5.7 percent in July, while the value of imports a year-on-year rise of 16.4 percent in the month, according to official statistics issued Saturday.

The figures from the government-run Statistics and Census Service (SCS) indicated that in the first seven months, the value of textile and garment exports, which accounted for 64.7 percent of the total exports, decreased by 20.1 percent over the same period of 2006.

The United States and the European Union remained as Macao's major export markets in the first seven months, together making up 58.1 percent of the total value the exports.

Meanwhile, Macao's main suppliers of imported goods still concentrated in the Asian region.