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Macao SAR, China Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
What is Macao SAR, China's merchandise imports from low- and middle-income economies outside region (% of total merchandise imp? As of 2023, it's 2.6 USD Mn, up from 1.2 USD Mn in 2014.
| Label | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imp |
|---|---|
| 2014 | 1.2337 USD Mn |
| 2015 | 1.4051 USD Mn |
| 2016 | 1.3612 USD Mn |
| 2017 | 1.3655 USD Mn |
| 2018 | 1.5456 USD Mn |
| 2019 | 1.5127 USD Mn |
| 2020 | 1.2965 USD Mn |
| 2021 | 1.3164 USD Mn |
| 2022 | 1.9206 USD Mn |
| 2023 | 2.5654 USD Mn |
Data Source: World Bank and Wantstats Repository
Macao SAR, China Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports): Key Points
- Macao SAR, China's merchandise imports from low- and middle-income economies outside region reached 2.57 % of total merchandise imports in 2023. That is up on the 1.23 % of total merchandise imports recorded in 2014, a rise of about 108%.
- 2015: rises to 1.41 % of total merchandise imports (+14%).
- 2019-2020: keeps falling, down to 1.30 % of total merchandise imports (-16%).
- 2022: shoots up to 1.92 % of total merchandise imports (+46%).
- 2023: surges to 2.57 % of total merchandise imports (+34%).
- 2023: The chart closes at 2.57 % of total merchandise imports. Over the full stretch from 2014, that's a 107.9% gain.
Reading A Choppy Series
The absence of a clean trend is itself informative — it suggests Macao SAR, China's underlying conditions here are unsettled or the measurement is noisy, not that nothing is happening.
Worth noting this move happens in 2020, the year lockdowns disrupted ordinary activity broadly across the world. It may or may not be the direct explanation here, but it's the most common one for a dip landing in exactly this year.
This data comes from Macao SAR, China's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
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