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In May 2016, exports declined by 0.7% and imports decreased by 3.6% in nominal terms vis-à-vis May 2015. In 2015 the United Kingdom ranked 4th in the list of the most important countries of destination for Portuguese exports.
International trade statistics
In May 2016, exports declined by 0.7% and imports decreased by 3.6% in nominal terms vis-à-vis May 2015. In 2015 the United Kingdom ranked 4th in the list of the most important countries of destination for Portuguese exports. - May 2016
11 July 2016

Summary

In May 2016, exports of goods declined by 0.7% and imports of goods decreased by 3.6% vis-à-vis May 2015 (-2.7% and -7.0% respectively, in April 2016). Excluding Fuels and lubricants, exports increased by 2.2% and imports grew by 6.8% (+1.1% and -0.2% respectively, in April 2016).
Trade balance deficit recorded a year-on-year decrease of EUR 164 million in May 2016 and trade balance deficit excluding Fuels and lubricants increased by EUR 213 million.
In the quarter ended in May 2016, exports of goods decreased by 2.3% and imports of goods declined by 3.6%, when compared with the quarter ended in May 2015.
Besides the usual information, this Press release includes specific information (only available in Portuguese) concerning the transactions of goods between Portugal and the United Kingdom, as well as the importance this country assumes in the trade of goods with other Member States of the EU. It should be noted that in 2015 the United Kingdom ranked 4th in the list of the most important countries of destination for Portuguese exports (6.7% of total) and the trade balance of goods reached around EUR 1.5 million in favour of Portugal.

 


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