In March 2026, exports and imports of goods recorded year-on-year nominal changes of +10.6% and +11.6%, respectively (-14.5% and -4.2%, in the same order, in February 2026). When transactions without transfer of ownership (TTE) are excluded, i.e., transactions with a view to or following processing, the increase was more pronounced in both flows (+14.6% for exports and +11.9% for imports; -6.1% and -2.0%, respectively, in February 2026). The trade deficit in goods amounted to EUR 2,863 million, up EUR 356 million from March of the previous year. Excluding TTE, the trade deficit increased by EUR 155 million, totalling EUR 2,907 million.
In March 2026, the unit value index (prices) of exports halted the downward trajectory initiated in February 2025, recording a positive change (+0.3%; -2.3% in February 2026 and -1.5% in March 2025). A negative variation continued to be observed in imports (-2.7%; -3.2% in February 2026 and -1.0% in March 2025).
