SYNTHESIS INE@COVID-19, 12 apr-2021

April . 12 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 13/20 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt In January, exports and imports of goods decreased by 9.8% and 17.2% respectively In January 2021, in year-on-year terms: • Exports and imports of goods registered rates of change of -9.8% and -17.2%, respectively (-7.4% and -6.5% in the previous month, in the same order); • The emphasis was on the decreases in exports and imports of Fuels and lubricants (-39.3% and -46.1%, respectively) and Transport equipment (-10.9% and -26.4%, in the same order); • Excluding Fuels and lubricants , exports and imports decreased by 7.3% and 12.6%, respectively (-3.4%% and -2.6% in December 2020, in the same order). Exports - Total (year-on-year rate of change) Imports - Total (year-on-year rate of change) In January 2021, compared to the previous month, exports increased by 9.3% and imports decreased by 2.6% (-18.3% and -7.6%, in the same order, in December 2020). In January 2021, considering the main countries of destination in 2020: • The decreases registered in exports to Germany (-11.2%), mainly Transport equipment , and Spain (-4.6%), mainly Consumer Goods (particularly Clothing ) were noteworthy; • The reduction in imports from Spain (-8.9%), mainly Consumer goods (also mainly Clothing ), should also be highlighted. The trade balance of goods deficit was EUR 834 million in January 2021 (EUR 630 million less than in January 2020). Excluding “Fuels and lubricants”, the trade balance recorded a negative balance of EUR 600 million in January 2021, corresponding to a decrease of EUR 377 million in the deficit compared to January 2020. More information available at: International trade statistics – January 2021 (12 March 2021) -9.8% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 -17.2% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21