Europe > Southern Europe > Portugal > Portugal Trade Deficit Widens In February

Portugal: Portugal Trade Deficit Widens In February

2017/04/10

Portugal's foreign trade deficit increased in February from a year ago, figures from Statistics Portugal showed Monday.

The trade deficit rose to EUR 746 million in February from EUR 688 million in the corresponding month last year. In January, the shortfall was EUR 962 million.

Both exports and imports grew by 9.0 % and 8.9 %, respectively in February from a year ago.

Excluding fuels and lubricants, exports increased 5.4 % over the year and imports went up by 4.0 %.

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