In November 2016, exports and imports of goods recorded year-on-year nominal growth rates of, respectively, +7.6% and +8.4% vis-à-vis November 2015 (-3.5% and -1.8% in the same order, in October 2016). Excluding Fuels and lubricants, exports increased by 8.0% and imports grew by 10.3% (-4.1% and -1.0% respectively, in October 2016).
Trade balance deficit reached EUR 791 million in November 2016, increasing by EUR 91 million when compared with November 2015. Trade balance deficit, excluding Fuels and lubricants, stood at EUR 546 million, increasing by EUR 135 million compared to November 2015.
In the quarter ended in November 2016, exports of goods increased by 3.5% and imports of goods grew by 2.8% vis-à-vis the quarter ended in November 2015.