In February 2019, exports of goods recorded a year-on-year nominal growth rate of +4.6% which stood for an acceleration vis-à-vis the previous month (+3.8% in January 2019). Imports increased by 12.8%, a deceleration vis-à-vis the previous month (+15.9% in January 2019).
Excluding Fuels and lubricants, exports increased by 7.3% and imports grew by 13.3% (+4.4% and +18.3% respectively, in January 2019).
The deficit of trade balance amounted to EUR 1,504 million in February 2019, increasing by EUR 504 million when compared to the same month of 2018. Excluding Fuels and lubricants, the trade balance stood at EUR -996 million, corresponding to an increase of EUR 345 million in the trade deficit when compared to February 2018.
In the quarter ended in February 2019, exports and imports of goods grew by 5.2% and by 11.9% respectively, vis-à-vis the quarter ended in February 2018 (+1.0% and +12.0% in the same order, in the quarter ended in January 2019).