SYNTHSIS INE@COVID-19, 19 Nov-2020

November . 19 . 2020 SYNTH SIS IN @ COVID-19 www.ine.pt page 2/17 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Exports - Total (year-on-year rate of change) Excluding Fuels and lubricants : • Exports increased by 0.2% (-1.0% in August); • Imports decreased by 5.8% (-9.5% in August). In September 2020, concerning the month-on-month rates of change, exports and imports of goods increased by 32.6% and 24.1% respectively (-25.4% and -15.9% in the previous month, in the same order). In September 2020, considering the main partner countries in 2019, vis-à-vis September 2019: • In exports, the emphasis goes to the increase towards Spain (+6.7%) and the decrease to the United Kingdom (-11.3%); • In imports, there were declines in almost all the main partner countries, more so from France (-27.2%) and Spain (-6.7%). In September 2020, the deficit of trade balance amounted to EUR 1,088 million (EUR -643 million in the deficit when compared to September 2019). Excluding Fuels and lubricants , in September 2020, the trade balance stood at EUR -785 million, corresponding to a decrease of EUR 353 million in the trade deficit vis-à-vis September 2019. Imports - Total (year-on-year rate of change) More information available at: International trade statistics – September 2020 (09 November 2020) -0.4% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% Sep-18 Oct-18 Nov-18 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 -9.9% -45.0% -35.0% -25.0% -15.0% -5.0% 5.0% 15.0% 25.0% 35.0% 45.0% Sep-18 Oct-18 Nov-18 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