MAY 2022 23 MONTHLY STATISTICAL BULLETIN Exports and imports increased by 13.6% and 30.0% in nominal terms In March 2022, year-on-year: • Exports and imports of goods registered nominal increases of 13.6% and 30.0%, respectively (+19.9% and +43.3% in the previous month, in the same order); • The following exports stand out: » An increase of 24.8% in Industrial supplies, mostly of Processed goods and mainly to Spain; » A decrease of 6.9% in Transport equipment, particularly towards Spain and the United Kingdom; • While in imports the most important was: » An increase of 132.8% in Fuels and lubricants, particularly from the United States (188.6%); » An increase of 24.8% in Industrial supplies (matching the increase in exports); • Excluding Fuels and lubricants, exports increased by 12.4% and imports grew by 20.2%, respectively (+17.0% and +32.7% in the previous month, in the same order); • The deficit of trade balance in goods amounted to €2,415 million, which represents an increase of €1,290 million; • Excluding Fuel and lubricants, the deficit stood at €1,447 million, increasing by €599 million. In the 1st quarter of 2022: • Compared with a year earlier, exports and imports of goods increased by 18.2% and 36.8% respectively (+22.0% and +39.6%, in the same order, in the quarter ended February 2022); • When compared with the 1st quarter of 2020, there were increases of 25.6% in exports and 29.0% in imports (+21.5% and +25.9%, in the same order, compared with the 1st quarter of 2019). More information is available at: International trade statistics – March 2022 10 May 2022 13.6% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% Mar-20 Apr-20 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 Exports - Total (year-on-year rate of change) Imports - Total (year-on-year rate of change) Mar-20 Apr-20 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 30.0% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0%
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