In April 2016, exports of goods declined by 2.5% and imports of goods decreased by 7.3% vis-à-vis April 2015 (-3.8% and -0.6% respectively, in March 2016). Excluding Fuels and lubricants, exports increased by 1.2% and imports decreased by 0.4% (-1.2% and +3.0% respectively, in March 2016).
Trade balance deficit recorded a year-on-year decrease of EUR 277 million in April 2016 and trade balance deficit excluding Fuels and lubricants decreased by EUR 65 million.
In the quarter ended in April 2016, exports of goods decreased by 1.8% and imports of goods declined by 1.4%, when compared with the quarter ended in April 2015.
This press release includes a detailed analysis (only available in Portuguese language) concerning transactions of Wines, traditionally one of the main exporting goods in Portugal, corresponding to one of the highest trade surplus. In the specific analysis the emphasis goes to the increase of around 26%, over the last three years, in the value by litre of exported Wines.