Macau’s casino-linked exports surge 207.4 percent in November y-o-y

Macau saw a strong yearly increase in casino-related exports in November, with figures rising by 207.4 percent yearly, to top MOP136.1 million ($16.83 million).

According to the most recent figures from Macau’s Statistics and Census Service (DSEC), ‘articles for casino’ also rose by 326.2 percent yearly during the first 11 months of the year, topping MOP823.1 million ($101.77 million).
This comes as overall exports actually fell by 1.1 percent yearly in November and 3.5 percent during the January to November period, to MOP1.38 billion ($170.6 million) and MOP12.24 billion ($1.51 billion), respectively.
Looking at imports, luxury goods such as gold jewelry increased by 22.3 percent yearly during the month, reaching MOP1.29 billion ($159.5 million), also up 47.9 percent yearly in the January-November period, to MOP21.73 billion ($2.69 billion).
Those of handbags and wallets rose 3.6 percent yearly to MOP834 million ($103.1 million), while those of watches actually fell by 22.5 percent, to MOP670.6 million ($82.9 million).
Luxury goods imports have typically risen in line with an uptick in casino patronage in the SAR.

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