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Monday, the Statistics and Census Service of Macau said the total value of exports dropped 49.8% year-on-year in October to MOP 583 million. This was reflected in a 71.8% drop in domestic exports and a 22.6% fall in re-exports.
Meanwhile, imports slipped 11.6% to MOP 3.17 billion. The trade deficit stood at MOP 2.59 billion.
In the first ten months of the year, total exports slipped 54.7% year-on-year, while imports were down 18.5%. The trade deficit was MOP 23.36 billion.
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