In June 2017, exports and imports of goods recorded year-on-year nominal growth rates of +6.8% and +7.1% respectively (+15.6% and +21.8% in the same order, in May 2017). Excluding Fuels and lubricants, exports increased by 7.4% and imports grew by 7.7% (+14.2% and +18.7% respectively, in May 2017).
The deficit of trade balance amounted to EUR 1,004 million in June 2017, increasing by EUR 80 million when compared with June 2016. Excluding Fuels and lubricants, the trade balance stood at EUR -723 million, corresponding to an increase of EUR 64 million in the trade deficit compared with June 2016.
In the 2nd quarter 2017, exports and imports of goods increased by 7.5% and 13.3% respectively, vis-à-vis the 2nd quarter 2016.
In the 1st semester 2017, exports of goods grew by 12.1% and imports of goods increased by 14.5% (-1.4% in both flows in the 1st semester 2016). Excluding Fuels and lubricants, the increases were 10.1% and 11.5% respectively (+1.1% and +4.3% in the 1st semester 2016).