SYNTHESIS INE@COVID-19, 18 May-2021

May . 18 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/23 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information available at: International trade statistics – March 2021 (10 May 2021) Exports - Total (year-on-year rate of change) Imports - Total (year-on-year rate of change) • The deficit of trade balance in goods decreased by EUR 555 million, amounting to EUR 1,002 million. Excluding Fuels and lubricants , the trade deficit decreased by EUR 385 million, standing at EUR 743 million. It should be noted that these year-on-year rates of change concerning May 2021 compare with the first month of 2020 which already significantly reflected the impact of the COVID-19 pandemic. In the 1 st quarter of 2021, exports of goods increased by 6.2% and imports of goods decreased by 5.3% when compared with the same quarter of 2020 (-4.9% and -11.0%, in the same order, in the quarter ended in February 2021). Industry turnover grew by 15.9% 28.8% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% 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 Feb-21 Mar-21 12.2% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% 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 Feb-21 Mar-21 The Industry Turnover Index (ITI) registered a year-on-year rate of change of 15.9% in March 2021 (-3.4% in the previous month). In March, excluding Energy , sales decreased by 16.6% year-on-year (-3.9% in February). Industry Turnover Index (year-on-year rate of change) Total 15.9% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 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