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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 107th largest goods trading partner with $665 million in total (two way) goods trade during 2015. Goods exports totaled $542 million; goods imports totaled $122 million. The U.S. goods trade surplus with Macau was $420 million in 2015.
According to the Department of Commerce,U.S exports of goods to Macau supported nearly 2 thousand jobs in 2014 (latest data available).
Macau was the United States' 93rd largest goods export market in 2015.
U.S. goods exports to Macau in 2015 were $542 million, up 25% ($109 million) from 2014 and up 434% from 2005.
The top export categories (2-digit HS) in 2015 were: aircraft ($135 million), special other (low value estimate) ($134 million), electrical machinery ($68 million), precious metal and stone (jewelry) ($52 million), and toys and sports equipment ($33 million).
U.S. exports of agricultural products to Macau totaled $6 million in 2015.
Macau was the United States' 119th largest supplier of goods imports in 2015.
U.S. goods imports from Macau totaled $122 million in 2015, up 65% ($48 million) from 2014, but down 90% from 2005.
The top import categories (2-digit HS) in 2015 were: footwear ($39 million), special other (returns) ($27 million), knit apparel ($11 million), organic chemicals ($10 million), and machinery ($8 million).
U.S. imports of agricultural products from Macau totaled $775 thousand in 2015.
The U.S. goods trade surplus with Macau was $420 million in 2015, a 17.0% increase ($61 million) over 2014.
Data on U.S. FDI in Macau are unavailable in 2014. It was $929 m.illion in 2013, (latest data available).
Macau's FDI in the United States (stock) was $261 million in 2014 (latest data available), down 2.6% from 2013. The distribution of Macau FDI in the United States is not available.
NOTE: No services trade data with Macau are available.