SYNTHESIS INE@COVID-19, 16-Nov-2021

November . 16 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/16 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Exports - Total (year-on-year rate of change) Imports - Total (year-on-year rate of change) • The deficit of trade balance in goods amounted to €1,719 million, which represents an increase of €559 million compared to September 2020 and a reduction of €13 million compared to September 2019; • Excluding Fuels and lubricants , the trade balance stood at €-1,061 million, which corresponds to an increase in the deficit by €201 million compared to September 2020 and a reduction of €77 million compared to September 2019. In the 3 rd quarter of 2021: • Compared to the same period in 2020, exports and imports increased by 12.4% and 20.2%, respectively (+16.2% and +24.5%, in the same order, in the quarter ending August 2021); • Compared with the 3 rd quarter of 2019, exports and imports registered increases of 9.0% and 5.4%, respectively. In the cumulative period January to September 2021, in comparison with the same period in 2019: • There was an increase of 4.8% in exports (+20.1% vis-à-vis January-September 2020) and a decrease of 1.5% in imports (+18.1% compared to the same period in 2020); • With the emphasis on: »The increases in Industrial supplies : 9.4% in exports (+26.3% compared to 2020); and 16.4% in imports (+32.4% compared to 2020); »The decreases in Transport equipment : -11.8% in exports (+13.3% compared to 2020) and -32.8% in imports (+4.9% compared to 2020). More information is available at: International trade statistics – September 2021 (09 November 2021) 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 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 10.3% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 17.5% -60.0% -40.0% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 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 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 • Excluding Fuels and lubricants , exports and imports grew by 7.8% and 10.2%, respectively (+13.1% and +16.3% in the previous month, in the same order); • Also excluding Fuels and lubricants , compared to September 2019, there were increases of 9.0% in exports and 5.9% in imports;