Exports total MOP1.34b in October

Total merchandise exports amounted to MOP1.34 billion in October, up 16% year-on-year, data from the Statistics and Census Service (DSEC) shows. The value of re-exports (MOP1.21 billion) grew 17.9%, of which re-exports of Articles for casino and Diamond & diamond jewelry surged 207.5% and 163.2% respectively, while those of Wine and Watches declined 68.9% and 26.5% respectively. From January to October this year, the total value of merchandise exports dropped 3.8% year-on-year to MOP10.86 billion, of which the value of re-exports (MOP9.56 billion) and domestic exports (MOP1.30 billion) fell 0.8% and 21.5% respectively.