Exports of goods reached EUR 50,022 million in 2016, corresponding to a nominal increase of 0.8% when compared with the previous year. Imports of goods increased by 1.5%, totalling EUR 61,243 million. Trade balance of goods reached a deficit of EUR 11,221 million, which represents an increase of the trade deficit by EUR 510 million vis-à-vis the previous year.
It continued to be observed a high exposure of the Portuguese exporters to only one market, although the reductions recorded between 2010 and 2016. In 2016, 69.9% of the enterprises exported only to one market, concentrating 7.2% of the exported value. Enterprises with at least 50% of its exports only to one market represented 94.1% of total enterprises and about half of the exported value (analysis only available in the press release in Portuguese).