Edition 1453
09 December 2017
Edition: 1453

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Fuel, transport drive increase in exports; imports up

by TPN/ Lusa, in News · 11-10-2017 08:26:00 · 0 Comments


Portugal’s exports in August were up 14.3% on the same month of last year, but imports were up 12.8%, with the result that the trade deficit widened to €1.316 billion, according to a report from the National Statistics Institute (INE).

Fuel, transport drive increase in exports; imports up

Exports in July had shown a year-on-year increase of 4.6%, while imports in that month were up 13%.

 

The biggest contributions to the rate of increase in exports in August came from growth in shipments of transport materials, fuels and lubricants, the latest INE report states.

 

Excluding fuels and lubricants, exports were up 12.4% and imports 14.7%, and the trade deficit was €1.054 billion, €201 million larger than in August of 2016.

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Edition 1453
09 December 2017
Edition: 1453

Read this week's issue online exactly as it appears in print.

Twitter