December 20 this year marks the 25th anniversary of Macao's return to the motherland. From 2000 to November 2024, Hunan's cumulative imports and exports to Macao amounted to 3.63 billion CNY, according to the Changsha Customs statistics.

Between 2000 and 2023, Hunan imported and exported 3.48 billion CNY of goods to Macao, of which 3.46 billion CNY was from exports. Exports increased from 73.28 million CNY to 200 million CNY in 2023, with an average annual growth rate of 4.5%. In the first eleven months of this year, Hunan's total imports and exports to Macao reached 150 million CNY, most of which were exports.

Agricultural products have long been the main commodities supplied by Hunan to Macao. According to customs statistics, Hunan exported 1.54 billion CNY of agricultural products to Macao from 2000 to 2023, accounting for 44.4% of the province's total export value to Macao during the same period. Among them, exports of live pigs and pork reached 1.3 billion CNY, while aquatic product exports amounted to 87.28 million CNY. Statistics showed that, this year, Hunan exported more than 50 kinds of agricultural products to Macao, with the variety hitting a record high compared with the same period of the previous years, including live pigs, fresh eggs, vegetables, chilled pork, and hairy crabs.

The export share of mechanical and electrical products has been expanding year by year. During the 2000-2023 period, Hunan exported a total of 530 million CNY of mechanical and electrical products to Macao, whose share in total exports increased from 0.05% to 30.6%. In the first eleven months of this year, Hunan's exports of mechanical and electrical products to Macao expanded 37.7% to 55.918 million CNY, accounting for 37.2% of the province's total export value to Macao. Exports of electrical appliances, household appliances, and automobiles (including chassis) surged 293%, 751.5%, and 76.7% respectively.

Ceramics, fireworks and firecrackers, and other specialty products are very popular in Macao.  Hunan exported 610 million CNY of labor-intensive products to Macao between 2000 and 2023, accounting for 17.7%. Exports of textile and garments were valued at 430 million CNY while furniture exports were worth 81.08 million CNY. During the same period, 34.64 million CNY of fireworks and firecrackers and 52.09 million CNY of ceramic products were exported.

This article is from the Hunan Provincial Government www.enghunan.gov.cn.

Translator: Yu Jiangjiang

Chinese source: Hunan Daily