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Portugal’s exports rose by 0.8 pct in February
Release time:2016-04-11
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Portugal’s exports increased year-on-year by 0.8 percent in February, to 4 billion euros (US$4.6 billion), while imports registered an annual growth of 5.3 percent in the same month to 4.7 billion euros, the country’s statistics bureau announced on Friday.

Statistics Portugal added that the nation’s trade balance deficit recorded a year-on-year increase of 206 million euros in February to 713 million euros.

Portugal’s exports increased year-on-year by 3.7 percent in 2015, while imports rose by 2.1 percent compared to the previous year, according to the bureau.

“China stood as the main extra-European Union supplier of goods to Portugal [in 2015],” Statistics Portugal stated.

Spain provided the largest contribution to “the overall evolution in both exports and imports” for Portugal in 2015, the bureau said.