Portugal's merchandise trade deficit decreased from last year in the second quarter, data released by Statistics Portugal showed Thursday.
The trade deficit decreased to EUR2.351 billion in the second quarter from EUR4.325 billion in the same quarter a year earlier.
Export of goods increased 6.8 percent on an annual basis in the second quarter. The value of imports, meanwhile, declined 8.3 percent during the period.
In the month of June, overall shipments increased 9.2 percent year-on-year. Compared to May, exports dropped 2.1 percent. Arrivals were lower by 2.4 percent from June last year, while month-on-month, they fell by 9 percent, data showed.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.