China, Macao SAR

China, Macao SAR

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China, Macao SAR-Thailand Bilateral Trade Analysis 2023

Complete trade statistics: $119.16M total volume •China, Macao SAR deficit: $104.13M

China, Macao SAR → Thailand

$7.51M

Exports (2023)

Thailand → China, Macao SAR

$111.65M

Imports (2023)

Trade Balance

$104.13M

Deficit for China, Macao SAR

Total Trade

$119.16M

Combined Volume

Trade Flow Visualization

Direct trade relationship between China, Macao SAR and Thailand. Green line shows exports from China, Macao SAR, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China, Macao SAR-Thailand commercial relationship and competitive positioning in global markets.

China, Macao SAR → Thailand Exports

$7.51M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
40.9% top product
1Copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper
$3.07M
40.9% of exports
2Copper: plates, sheets and strip, of a thickness exceeding 0.15mm, of copper alloys (other than copper-zinc base alloys, copper-tin base alloys, copper-nickel base alloys or copper-nickel-zinc base alloys)
$2.12M
28.3% of exports
3Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
$708,081
9.4% of exports
4Plastics: plates, sheets, film, foil and strip, other than cellular
$613,530
8.2% of exports
5Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$151,608
2.0% of exports

🎯 Strategic Export Focus

China, Macao SAR's export portfolio to Thailand demonstrates strategic specialization, with copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper representing a key competitive advantage in this bilateral market.

Thailand → China, Macao SAR Imports

$111.65M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
20.5% concentration
1Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$22.91M
20.5% of imports
2Jackets and blazers: women's or girls', of synthetic fibres (not knitted or crocheted)
$9.71M
8.7% of imports
3Telephones for cellular networks or for other wireless networks
$5.45M
4.9% of imports
4Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208
$5.09M
4.6% of imports
5Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 1% but not exceeding 6%
$4.68M
4.2% of imports

📦 Import Strategy Analysis

China, Macao SAR's import pattern from Thailand reveals significant dependencyin electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China, Macao SAR demonstrates competitive strength in exportingcopper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper to Thailand, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $119.16M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: China, Macao SAR-Thailand Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $119.16 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: China, Macao SAR maintains a deficit of $104.13 million
  • Export Focus: China, Macao SAR's primary exports include copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper, copper: plates, sheets and strip, of a thickness exceeding 0.15mm, of copper alloys (other than copper-zinc base alloys, copper-tin base alloys, copper-nickel base alloys or copper-nickel-zinc base alloys), electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
  • Import Dependencies: Key imports from Thailand include electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), jackets and blazers: women's or girls', of synthetic fibres (not knitted or crocheted), telephones for cellular networks or for other wireless networks

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $119.16M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with China, Macao SAR leveraging its comparative advantages in copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

China, Macao SAR's specialization in copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined coppercomplements Thailand's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $119.16M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $119.16M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $119.16 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper and electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

China, Macao SAR's trade deficit of $104.13 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in copper: plates, sheets and strip, of a thickness exceeding 0.15mm, of copper alloys (other than copper-zinc base alloys, copper-tin base alloys, copper-nickel base alloys or copper-nickel-zinc base alloys) present expansion opportunities.
Market Diversification
Beyond current focus on electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between China, Macao SAR and Thailand represents a total trade volume of $119.16 million in 2023. This partnership demonstrates an unfavorable trade balance for China, Macao SAR, with imports exceeding exportsby $104.13 million.

Export Strengths

China, Macao SAR's exports to Thailand total $7.51 million, with competitive advantages in copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of refined copper, representing $3.07M or40.9% of bilateral exports.

Import Dependencies

Imports from Thailand amount to $111.65 million, highlighting economic interdependence in electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), with Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED) comprising20.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates China, Macao SAR's strategic sourcing from Thailand. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between China, Macao SAR and Thailand in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023