JULY 23 MONTHLY STATISTICAL BULLETIN Exports and imports increased by 40.6% and 46.4% in nominal terms In May 2022, year-on-year: • Exports and imports of goods registered nominal increases of 40.6% and 46.4%, respectively (+16.8% and +29.1% in the previous month, in the same order); • About half of these rates of change are associated with price variations: the unit value indices (prices) registered year-onyear rates of change of +17.2% in exports and +24.3% in imports (+12.9% and +15.2%, in the same order, excluding oil products); • In terms of exports, there was a 60.3% increase in Industrial supplies, particularly pharmaceutical products; • In turn, concerning imports, the most important were: » An increase of 147.8% in Fuels and lubricants, especially natural gas; » A 38.6% increase in Industrial supplies; • Excluding Fuels and lubricants, exports increased by 35.3% and imports by 34.4% (+12.6% and +18.5% in the previous month, in the same order); Exports - Total (year-on-year rate of change) • The trade deficit amounted to €2,421 million, which represents a worsening of €976 million; • Excluding Fuel and lubricants, the deficit amounted to €1.3 billion (+€296 million). In May 2022, compared to the previous month, exports and imports increased by 19.9% and 13.7% respectively (-5.6% and -4.1% in April 2022, in the same order). In the quarter endedMay 2022, exports and imports of goods increased by 23.3% and 35.3% respectively froma year earlier (+16.5% and +33.8%, in the same order, in the quarter ended April 2022). Imports - Total (year-on-year rate of change) More information is available at: International trade statistics – May 2022 (11 July 2022) 40.6% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May22 46.4% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22
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