March 2006
Macao, China
                         
BASIC INDICATORS
Population (thousands, 2004)   449 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2002)  6 765 Merchandise  99 101
GDP (million current PPP US$, 2001)  8 589 Commercial services 42 85
Current account balance (million US$, 2004)  4 163 Merchandise excluding intra-EU trade 77 77
Trade per capita (US$, 2002-2004)  31 066 Commercial serv. excl. intra-EU trade 25 63
Trade to GDP ratio (2002-2004) ...
Annual percentage change
2002   1995-2002 2001 2002
Real GDP (1995=100)   108 1 2 10
Exports of goods and services (volume, 1995=100)   142 5 7 15
Imports of goods and services (volume, 1995=100)   132 4 8 13
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 0.066
Trade Policy Review date 19, 21 March 2001 Import duties collected (%, 2002-2004):
in total tax revenue 0.0
Tariff binding coverage (%, 1997)   26.8 to total merchandise imports 0.0
MFN tariffs Final bound Applied 2004
Simple average of ad-valorem duties Number of:
All goods   0.0   0.0 GATS services sectors with commitments   25
Agricultural goods (AOA)   0.0   0.0 Dispute rulings (complainant - defendant) 0 - 0
Non-agricultural goods   0.0   0.0 Notifications outstanding  (CRN)   0
Non ad-valorem duties (% of total tariff lines)   0.0   0.0 Number of contingency measures in force:
Anti-dumping (30 June 2005) ...
MFN duty free imports Countervailing duties (30 June 2005) ...
Share in total imports, 2004   100.0 Safeguards (3 November 2005)   0
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  2 812 4 10 9
Merchandise imports, c.i.f. (million US$)  3 478 6 9 26
2004   2004
Share in world total exports    0.03 Share in world total imports  0.04
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   1.5 Agricultural products 12.7
Fuels and mining products   3.4 Fuels and mining products 8.3
Manufactures   95.1 Manufactures 79.0
  By main destination   By main origin
1. United States   48.7 1. China   44.4
2. European Union (25)   21.7 2. European Union (25)   12.5
3. China   13.9 3. Hong Kong, China   10.6
4. Hong Kong, China   7.5 4. Japan   9.6
5. Canada   1.5 5. Taipei, Chinese   4.9
    Unspecified destinations     2.5         Unspecified origins     0.0
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)  8 063   11 18 44
Commercial services imports (million US$)  1 308   12 10 14
2004   2004
Share in world total exports   0.37   Share in world total imports 0.06
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   4.3   Transportation 12.5
Travel   92.8   Travel 25.4
Other commercial services   2.9   Other commercial services 62.1
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 2000   1 ...    1   Marks registered, 2002  1 600  124 1 476