Face mask imports drop 99%

Total merchandise imported soared 156.6% year-on-year to MOP11.24 billion; imports of gold jewelry, beauty, cosmetic and skincare products and watches jumped 837.9%, 828.2% and 347.1% respectively, whereas imports of face masks plunged 99.3%. Total merchandise exported expanded by 68.3% year-on-year to MOP1.00 billion. From January to July this year, the total value of merchandise exported dropped 5.2% year-on-year to MOP7.36 billion, of which the value of re-exports (MOP6.49 billion) and domestic exports (MOP877 million) fell 1.5% and 25.9% respectively. The total value of merchandise imported grew 6.0% year-on-year to MOP82.82 billion.