SYNTHESIS INE@COVID-19, 21JUL 2021

July . 21 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 3/12 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt In 2021, the enterprises expect a 7.2% nominal increase in exports of goods Exports of goods – perspectives of the enterprises by type of market 2020/2021 annual nominal rates of change By Broad Economic Categories (BEC), the perspectives for exports to increase point to the following categories: • Capital goods and parts and accessories thereof : +8.9%, due to transactions with Intra-EU countries (+13.2%), since a reduction (-1.1%) is expected for Intra-EU countries; • Industrial supplies not elsewhere specified : (+7.1%), for both Extra-EU and Intra-EU countries (+10.5% and +5.6%, respectively). If these perspectives are confirmed, exports of goods in 2021 will fall 10.6% short of the values recorded in International Trade in 2019. Exports of goods – perspectives of the enterprises by broad economic categories 2020/2021 annual nominal rates of change More information available at: Perspectives on exports of goods – 2 nd forecast 2021 (12 July 2021) The perspectives of the exporting enterprises point to a nominal increase of 7.2% in their exports in 2021 compared to the previous year. This figure represents an upward revision of 2.3 percentage points (p.p.) relative to the 1 st forecast from November 2020, which results from the following updates of expectations: • Intra-EU exports: +1.9 p.p., increasing to 7.0%; • Extra-EU exports: +3.2 p.p., amounting to 7.5%. Excluding Fuels and lubricants , the perspectives of the exporting enterprises point to the following increases: • Total international trade: 5.8% (+1.3 p.p. vis-à-vis the 1 st forecast); • Extra-EU trade: 4.8% (+1.4 p.p.); • Intra-EU trade: 6.1% (+1.3 p.p.). 7.5% 7.0% 7.2% 6.7% 6.8% 6.9% 7.0% 7.1% 7.2% 7.3% 7.4% 7.5% 7.6% Extra-EU Intra-EU Interna � onal 8.9% 7.1% 5.9% 5.8% 3.1% 1.6% Capital goods (except transport equipment), and parts and accessories thereof Industrial supplies not elsewhere specified Transport equipment and parts and accessories thereof Total excluding Fuels and lubricants Consumer goods not elsewhere specified Food and beverages