Macao's merchandise trade rises in October

Macao's total merchandise import went up by 20.1 percent year-on-year to 12.74 billion patacas (about 1.57 billion U.S. dollars) in October, the special administrative region (SAR)'s statistical service said on Tuesday.

The merchandise export amounted to 1.16 billion patacas, up 27.8 percent year-on-year.

The latest report from Macao's Statistics and Census Service (DSEC) showed that the merchandise trade deficit totaled 11.58 billion patacas in October.

The value of re-exports expanded by 38.9 percent to 1.03 billion patacas, whereas the value of domestic exports dropped by 21.6 percent to 131 million patacas. (1 pataca equals 0.12 U.S. dollar)