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Exports up, imports down, trade deficit narrows to €2b

byCustoms Today Report
23/05/2015
in Uncategorized
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LISBON: Portugal had the fifth largest trade gap in the European Union (EU) in the first quarter of the year, about €2 billion, Eurostat said on Tuesday.

Portugal’s international trade deficit between January and March was the result of €14.1 billion in imports offset against €12.2 billion in exports.

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This result is lower than a year ago since exports went up four percent and imports dropped one percent, compared with the first quarter of 2014.

Tags: exports upimports down

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