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Macau is a Special Administrative Region (SAR) of the People's Republic of China.
Macau shares many of Hong Kong's business characteristics: it is an open economy and free port; the political environment is stable and the economic outlook is positive.
On the gaming side, the Macau government collected a record 29.3 billion patacas in direct casino taxes in 2007, an increase of 48% over 2006. Official statistics showed that direct gaming taxes accounted for 71.4% of the Macau SAR government's total revenue in 2007. Macao welcomes interest from all sectors.
The Government is also aiming to further develop the hospitality, catering, conference and exhibition sectors after the gradual diversification of the gaming industry over the next five to ten years.Macau is currently our 93rd largest goods trading partner with $1.2 billion in total (two way) goods trade during 2008. Goods exports totaled $307 million; Goods imports totaled $915 million. The U.S. goods trade deficit with Macau was $609 million in 2008.
US-Macau Trade Facts
Macau is currently our 104th largest goods trading partner with $751 million in total (two way) goods trade during 2016. Goods exports totaled $632 million; goods imports totaled $119 million. The U.S. goods trade surplus with Macau was $512 million in 2016.
According to the Department of Commerce, U.S. exports of goods to Macau supported an estimated 2 thousand jobs in 2015 (latest data available).
- Macau was the United States' 91st largest goods export market in 2016.
- U.S. goods exports to Macau in 2016 were $632 million, up 16.5% ($89 million) from 2015 and up 215.6% from 2006.
- The top export categories (2-digit HS) in 2016 were: aircraft ($268 million), special other (low value estimates) ($131 million), precious metal and stone (jewelry) ($86 million), electrical machinery ($47 million), and machinery ($25 million).
- U.S. exports of agricultural products to Macau totaled $5 million in 2016.
- Macau was the United States' 118th largest supplier of goods imports in 2016.
- U.S. goods imports from Macau totaled $119 million in 2016, down 2.1% ($3 million) from 2015, and down 90.3% from 2006.
- The top import categories (2-digit HS) in 2016 were: special other (returns) ($44 million), footwear ($24 million), organic chemicals ($11 million), knit apparel ($8 million), and glass and glassware ($7 million).
- U.S. imports of agricultural products from Macau totaled $1 million in 2016.
The U.S. goods trade surplus with Macau was $512 million in 2016, a 21.9% increase ($92 million) over 2015.
- Data on U.S. FDI in Macau are unavailable.
- Macau's FDI in the United States (stock) was $164 million in 2015 (latest data available), up 32.3% from 2014. The distribution of Macau FDI in the United States is not available.
NOTE: No services trade data with Macau are available.