February exports up 4.4% on year, imports down 3.6% – INE
Page created: Thursday, 9 April 2015 14:59 GMT
Thematic
Portugal’s exports of goods in February were up 4.4% on the same month of last year, while imports of goods were down 3.6%, according to the national statistics office, INE.
For the quarter from December to February, exports were up 2.1% on the year while imports were down 3.5%, meaning that the former covered 84.5% of the latter by value, up 4.7 percentage points. The deficit in foreign trade of goods shrank by €735.5 million to €2.1231 billion.
In the quarter from November to January, exports had been up 0.5% and imports down 1.3%.
The stronger year-on-year increases in exports in February and in the quarter, according to INE, were above all due to trade within the European Union, especially fossil fuels, machinery and equipment. Exports to countries outside the EU were down on the year.
PD/ARO // ARO.
Related Document(s)
In the News
Balance of goods and services registered until July a surplus of 1 596 million euros
Wednesday, 11 October 2017
Exports accelerate and beat imports for the first time this year
Wednesday, 11 October 2017
Surplus in the balance of goods and services fell to 713 million euros in the first half of the year
Monday, 18 September 2017
Portugal: Timber, furniture makers warn of impact on exports as forests burn
Friday, 18 August 2017