The flash estimate of International Trade in Goods for the 3rd quarter of 2025 indicates a slight decrease of 0.1% in exports, while imports rose by 5.2%, in nominal terms and compared to the same period of 2024. Excluding TTE transactions, i.e., with a view to or following processing (without transfer of ownership), the decrease in exports was null, while the increase in imports was less pronounced, at +3.0%.

A slight improvement in export performance was observed compared with the previous quarter, when a 1.2% decrease was recorded (-1.6% excluding TTE). Imports of goods, in turn, increased for the sixth consecutive quarter, although maintaining a slight slowdown from the previous quarter, in which the year-on-year change was +6.5%. However, when excluding TTE transactions, imports showed an acceleration in growth, having the change in the second quarter reached +2.1%.