Data Insights

In May 2026, Portugal's total trade value was 17.45B EUR, with imports at 10.13B EUR and exports at 7.32B EUR. Month on month, total trade decreased by 237.09M EUR (-1.36%), with imports down by 154.4M EUR (-1.5%) and exports down by 82.69M EUR (-1.11%). Year on year, total trade increased by 200.45M EUR (1.16%), with imports down by 102.73M EUR (-1.01%) and exports up by 303.18M EUR (4.32%).

In May 2026, Portugal's imports from Brazil saw a significant increase of 203.39M EUR, representing a 66.34% rise compared to the previous month. The Republic of the Congo and Angola also experienced notable increases in imports, with changes of 99.91M EUR (901.86%) and 96.52M EUR (19.74%) respectively. On the other hand, imports from Algeria dropped sharply by 150.7M EUR (-91.6%), while France and Azerbaijan saw decreases of 100.82M EUR (-12.73%) and 90.24M EUR (-53.78%) respectively. In terms of exports, Germany led with an increase of 130.35M EUR (15.25%), followed by 'Other' countries with 50.62M EUR (27.27%) and Belgium with 41.87M EUR (20.12%). Conversely, exports to Turkey fell by 96.06M EUR (-60.02%), with France and the United Kingdom also experiencing declines of 53.37M EUR (-6.03%) and 49.43M EUR (-14.43%).

Year on year, imports from Brazil increased by 303.64M EUR (147.14%), while imports from Spain rose by 235.69M EUR (7.66%). The Republic of the Congo and Angola also saw significant increases of 99.71M EUR (323.84%) and 94.98M EUR (14.77%) respectively. However, imports from Ireland dropped by 372.61M EUR (-80.31%), with the Netherlands and Nigeria also experiencing declines of 243.24M EUR (-26.49%) and 159.77M EUR (-77.58%). In exports, Germany's exports increased by 123.76M EUR (14.37%), while 'Other' countries and Belgium saw increases of 95.07M EUR (67.34%) and 87.96M EUR (54.30%). On the downside, exports to France decreased by 36.74M EUR (-4.21%), with the United States and Turkey also seeing declines of 31.13M EUR (-7.04%) and 28.8M EUR (-31.04%).

In summary, Portugal's total trade in May 2026 showed a decline in both imports and exports compared to the previous month, with imports decreasing by 232.99M EUR (-2.65%) and exports by 165.21M EUR (-2.49%). However, on a year-on-year basis, both imports and exports increased, with imports up by 524.26M EUR (+6.52%) and exports by 344.4M EUR (+5.63%). The overall trade flow indicates a positive trend in the long term despite the recent monthly declines.

In May 2026, Portugal's imports saw a total trade value of 8.56B EUR, which represents a decrease of 232.99M EUR (-2.65%) compared to the previous month. The highest increase in imports was observed in Lisbon with a value of 2.2B EUR, increasing by 52.98M EUR (2.46%). Other notable increases were in Loures (246.81M EUR, +38.66M EUR, +18.57%) and Matosinhos (148.21M EUR, +20.64M EUR, +16.18%). Conversely, the largest decreases were in Oeiras (879.04M EUR, -114.52M EUR, -11.53%), Ílhavo (54.84M EUR, -27.5M EUR, -33.40%), and Amateur (97.23M EUR, -23.21M EUR, -19.19%). For exports, the total trade value was 6.47B EUR, down by 165.21M EUR (-2.49%). The top increases were in Palmela (503.44M EUR, +85.41M EUR, +20.84%), Lisbon (978.83M EUR, +83.7M EUR, +9.36%), and Viana do Castelo (154.78M EUR, +35.15M EUR, +29.37%). The largest decreases were in Braga (69.31M EUR, -133.89M EUR, -65.89%), Loures (109.73M EUR, -55.1M EUR, -33.34%), and Sines (18.59M EUR, -25.95M EUR, -58.26%).

Year on year, imports in May 2026 totaled 8.56B EUR, reflecting an increase of 524.26M EUR (+6.52%). The most significant growth was in Lisbon (2.2B EUR, +526.3M EUR, +31.37%), followed by Azambuja (167.52M EUR, +56.77M EUR, +51.26%) and Matosinhos (148.21M EUR, +21.96M EUR, +17.39%). The largest declines were in Maya (170.3M EUR, -29M EUR, -14.55%), Ponta Delgada (4.89M EUR, -27M EUR, -84.66%), and Vila Nova de Famalicão (134.28M EUR, -25.18M EUR, -15.18%). Exports reached 6.47B EUR, up by 344.4M EUR (+5.63%). The highest increases were in Lisbon (978.83M EUR, +280.87M EUR, +40.24%), Palmela (503.44M EUR, +91.63M EUR, +22.25%), and Viana do Castelo (154.78M EUR, +41.33M EUR, +36.43%). The largest decreases were in Braga (69.31M EUR, -124.11M EUR, -64.17%), Vila Nova de Famalicão (221.66M EUR, -22.94M EUR, -9.93%), and Vila do Conde (65.49M EUR, -18.23M EUR, -21.72%).

In April 2026, Portugal's total trade value was 17.68B EUR, with imports at 10.28B EUR and exports at 7.4B EUR. Month-on-month, imports decreased by 83.09M EUR (-0.80%), while exports fell by 102.6M EUR (-1.37%). Year-on-year, imports increased by 794.26M EUR (8.37%), and exports rose by 929.9M EUR (14.37%). Overall, the trade balance reflects a growing trend in exports despite recent declines in both imports and exports month-on-month.

In April 2026, Portugal's imports saw significant fluctuations. The highest month-on-month increase was from Azerbaijan, with a trade value of 167.8M EUR, reflecting a staggering increase of 39658.9%. Algeria followed with 164.52M EUR, showing an increase of 88.82M EUR (1173.44%). Libya also had a notable increase with 70.6M EUR, marking an infinite percentage change due to a low base. Conversely, the lowest decreases were observed in Spain, with a trade value of 3.25B EUR, down by 163.6M EUR (-4.79%). The Netherlands experienced a decline of 140.18M EUR (-17.73%), and Nigeria's imports fell by 73.96M EUR (-52.60%). For exports, the top increase was from Other countries at 185.63M EUR, up by 61.03M EUR (48.98%). Belgium followed with 208.07M EUR, increasing by 40.62M EUR (24.26%). The Virgin Islands had a remarkable increase of 36.37M EUR, with an infinite percentage change. On the downside, Italy's exports decreased by 58.04M EUR (-15.14%), Spain's by 45.02M EUR (-2.30%), and Gibraltar's by 33.61M EUR (-41.19%).

Year-on-year analysis for April 2026 shows that imports from Spain reached 3.25B EUR, up by 340.31M EUR (11.69%). China followed with 560.4M EUR, increasing by 146.77M EUR (35.48%), and Germany's imports rose to 1.23B EUR, up by 124.82M EUR (11.29%). On the other hand, the largest declines were from Ireland, with imports at 114.84M EUR, down by 436.19M EUR (-79.16%). Turkey's imports also fell to 114.77M EUR, down by 68.62M EUR (-37.42%), and Other Asia, nes reported a complete drop to 0 EUR, down by 50.11M EUR. For exports, Spain's exports were 1.88B EUR, up by 169.33M EUR (9.89%). Germany's exports reached 854.78M EUR, increasing by 82.44M EUR (10.67%), and France's exports were 888.77M EUR, up by 80.58M EUR (9.09%). The lowest declines were seen in the United States, with exports at 402.9M EUR, down by 39.25M EUR (-8.88%), Other Asia, nes at 0 EUR, down by 25.13M EUR, and Gibraltar at 47.99M EUR, down by 15.79M EUR (-24.76%).

Overall, Portugal's trade values in April 2026 showed a mixed performance. Total imports amounted to 8.8B EUR, reflecting a decrease of 187.07M EUR (-2.08%) month-on-month but an increase of 1.12B EUR (14.66%) year-on-year. Total exports were 6.64B EUR, down by 86.99M EUR (-1.29%) month-on-month but up by 961.81M EUR (16.95%) year-on-year. The trade balance indicates a continuing trend of increasing exports compared to imports over the year, despite recent month-on-month declines.

In April 2026, Portugal's trade values showed notable month-on-month changes. For imports, Lisbon led with a trade value of 2.15B EUR, experiencing a significant increase of 74.44M EUR (3.58%). Azambuja and Torres Vedras followed with increases of 39.95M EUR (31.06%) and 31.04M EUR (48.89%) respectively. On the lower end, Oeiras saw a decrease of 64.11M EUR (-6.06%), while Loures and Palmela experienced declines of 56.78M EUR (-21.43%) and 49.13M EUR (-11.76%). For exports, Lisbon again topped the list with a trade value of 895.13M EUR, increasing by 163.47M EUR (22.34%). Oeiras and Seixal also saw increases of 22M EUR (18.70%) and 18.6M EUR (25.78%). Conversely, Palmela faced a significant drop of 70.63M EUR (-14.46%), with Castro Verde and Viana do Castelo also declining by 27.61M EUR (-42.14%) and 19.5M EUR (-14.00%).

Year-on-year comparisons for April 2026 revealed substantial changes. Imports from Lisbon reached 2.15B EUR, up by 424.53M EUR (24.59%). Oeiras and Harbor also saw increases of 167.29M EUR (20.25%) and 62.71M EUR (29.29%). On the downside, Loures experienced a decline of 37.88M EUR (-15.40%), with Vacancies and Beja also decreasing by 18.58M EUR (-53.47%) and 16.23M EUR (-80.61%). For exports, Lisbon again led with 895.13M EUR, increasing by 156.45M EUR (21.18%). Palmela and Loures followed with increases of 91.92M EUR (28.19%) and 83.9M EUR (103.68%). However, Setúbal saw a decrease of 21.08M EUR (-12.66%), with Arcos de Valdevez and Vila do Conde also declining by 5.77M EUR (-46.35%) and 5.34M EUR (-6.18%).

In March 2026, Portugal's total trade value for imports reached 10.37B EUR, reflecting a month-on-month increase of 1.65B EUR (+18.87%) and a year-on-year increase of 1.1B EUR (+11.88%). Exports totaled 7.5B EUR, with a month-on-month increase of 1.33B EUR (+21.51%) and a year-on-year increase of 679.01M EUR (+9.95%). Overall, the trade balance indicates a robust growth in both imports and exports, with imports growing at a faster rate than exports in both monthly and yearly comparisons.

In March 2026, Portugal's imports saw a significant increase, with the top three countries being Spain (3.42B EUR, +556.17M EUR, +19.45%), Netherlands (790.78M EUR, +262.36M EUR, +49.65%), and Germany (1.3B EUR, +159.64M EUR, +13.99%). Conversely, the lowest changes were from Azerbaijan (4.23K EUR, -58.5M EUR, -99.99%), Austria (57.05M EUR, -12.05M EUR, -17.43%), and Venezuela (228.83K EUR, -6.6M EUR, -96.65%). For exports, the highest increases were seen with Spain (1.93B EUR, +281.47M EUR, +17.11%), United States (423.17M EUR, +148.07M EUR, +53.82%), and Germany (883.78M EUR, +134.92M EUR, +18.02%). The lowest changes in exports were from Belgium (167.46M EUR, -24.26M EUR, -12.66%), Virgin Islands (2.19K EUR, -16.6M EUR, -99.99%), and Denmark (44.58M EUR, -9.23M EUR, -17.2%).

Year on year, imports from Spain reached 3.42B EUR, with a value change of +344.81M EUR (+11.23%). The Netherlands followed with 790.78M EUR (+271.63M EUR, +52.32%), and China at 530.53M EUR (+107.75M EUR, +25.49%). The lowest year-on-year changes were from Azerbaijan (4.23K EUR, -79.76M EUR, -99.99%), Gabon (951.88K EUR, -46.11M EUR, -97.98%), and Algeria (75.69M EUR, -45.07M EUR, -37.33%). For exports, Germany led with 883.78M EUR (+138.34M EUR, +18.56%), followed by Spain (1.93B EUR, +102.43M EUR, +5.61%), and Turkey (151.39M EUR, +79.75M EUR, +111.33%). The lowest year-on-year changes in exports were from the United States (423.17M EUR, -142.21M EUR, -25.15%), Ukraine (2.73M EUR, -42.34M EUR, -93.95%), and Canada (39.07M EUR, -37.41M EUR, -48.91%).

In summary, Portugal's trade dynamics in March 2026 showed a positive trend with total imports reaching €8.98 billion (up €1.55 billion MoM, +20.86%) and exports at €6.72 billion (up €1.21 billion MoM, +22.03%). Year-on-year, imports increased by €1.12 billion (14.25%) and exports by €835.03 million (14.18%). The overall trade deficit narrowed, indicating a healthier trade balance as exports grew faster than imports, aligning with recent reports of a narrowing trade deficit in April.

In March 2026, Portugal's imports saw a significant increase, with the total trade value reaching €8.98 billion, reflecting a month-on-month growth of €1.55 billion (20.86%). The top three regions contributing to this growth were Lisbon (€2.08 billion, +€390.23 million, +23.14%), Oeiras (€1.06 billion, +€307.77 million, +41.04%), and Vila Nova de Gaia (€333.06 million, +€68.23 million, +25.76%). Conversely, the bottom three regions were Oliveira de Azeméis (€36.33 million, -€8.07 million, -18.18%), Aveiro (€58.79 million, -€5.18 million, -8.09%), and Rio Maior (€12.52 million, -€3.6 million, -22.31%). Exports also experienced a robust increase, totaling €6.72 billion, with a month-on-month rise of €1.21 billion (22.03%). The leading contributors were Lisbon (€731.66 million, +€206.67 million, +39.37%), Palmela (€488.65 million, +€110.71 million, +29.29%), and Sines (€61.59 million, +€42.6 million, +224.38%). On the downside, Estarreja (€62.59 million, -€9.34 million, -12.99%), Vila do Conde (€68.94 million, -€4.81 million, -6.52%), and Évora (€51.34 million, -€4.46 million, -7.99%) showed declines.

Year-on-year, imports in March 2026 totaled €8.98 billion, reflecting an increase of €1.12 billion (14.25%). The top regions for imports were Lisbon (€2.08 billion, +€316.46 million, +17.98%), Oeiras (€1.06 billion, +€156.06 million, +17.31%), and Palmela (€415.34 million, +€93.57 million, +29.08%). The regions with the largest declines were trophy (€52.45 million, -€11.36 million, -17.80%), Sines (€24.83 million, -€7.71 million, -23.70%), and Gondomar (€46.6 million, -€6.90 million, -12.90%). Exports also increased year-on-year, reaching €6.72 billion, with a growth of €835.03 million (14.18%). The leading regions for exports were Palmela (€488.65 million, +€159.18 million, +48.31%), Lisbon (€731.66 million, +€59.87 million, +8.91%), and Loures (€161.04 million, +€48.68 million, +43.33%). The regions with the largest declines included Caldas da Rainha (€15.17 million, -€40.59 million, -72.79%), Vila do Conde (€68.94 million, -€21.58 million, -23.84%), and Maya (€163.38 million, -€17.88 million, -9.86%).

Overall, the total trade for Portugal in the analyzed period showed imports at 7.43B EUR, with a month-on-month increase of 316.06M EUR (4.44%) but a year-on-year decline of 325.34M EUR (-4.19%). Exports totaled 5.51B EUR, with a minimal month-on-month increase of 4.4M EUR (0.08%) but a significant year-on-year decrease of 391.13M EUR (-6.63%). The trade balance indicates a concerning trend, particularly in exports, which may reflect the economic challenges highlighted in recent news.

In the month-on-month analysis, imports from Palmela saw the highest increase with a trade value of 386.31M EUR, reflecting a significant value change of 82.61M EUR (27.20%). Lisbon followed with a trade value of 1.69B EUR, increasing by 67.09M EUR (4.14%). Sintra also experienced a notable rise, reaching 383.55M EUR with a value change of 48.92M EUR (14.62%). On the lower end, Oeiras had the largest decline in imports, dropping to 749.9M EUR with a decrease of 72.8M EUR (-8.85%). Faro and Almada also saw significant decreases, with values of 14.29M EUR and 10.6M EUR, respectively, reflecting declines of 13.8M EUR (-49.14%) and 10.1M EUR (-48.79%). For exports, Palmela led with a trade value of 377.94M EUR, increasing by 22.08M EUR (6.21%). Estarreja and Santarém followed with values of 71.93M EUR and 54.15M EUR, increasing by 21.97M EUR (43.96%) and 19.53M EUR (56.41%), respectively. Conversely, Castro Verde experienced the largest drop in exports, falling to 31.18M EUR with a decrease of 68.53M EUR (-68.53%). Lisbon and Loures also saw declines, with values of 524.99M EUR and 118.95M EUR, reflecting decreases of 43.45M EUR (-7.64%) and 28.22M EUR (-19.12%).

In the year-on-year analysis, imports from Palmela showed a strong increase, reaching 386.31M EUR with a value change of 95.32M EUR (32.76%). Braga followed with a trade value of 180.62M EUR, increasing by 31.03M EUR (20.74%). Azambuja also saw growth, reaching 99.25M EUR with a value change of 12.8M EUR (14.80%). On the downside, Oeiras had the largest decline in imports, with a value of 749.9M EUR, down by 244.85M EUR (-24.61%). Harbor and Lisbon also faced declines, with values of 232.25M EUR and 1.69B EUR, reflecting decreases of 36.28M EUR (-13.53%) and 27.43M EUR (-1.59%). For exports, Palmela again led with a trade value of 377.94M EUR, increasing by 39.78M EUR (11.76%). Santarém followed with a value of 54.15M EUR, up by 19.39M EUR (55.78%). Seixal also saw growth, reaching 66.81M EUR with a value change of 13.85M EUR (26.14%). Conversely, Lisbon experienced the largest drop in exports, falling to 524.99M EUR with a decrease of 207.96M EUR (-28.37%). Setúbal and Maya also saw declines, with values of 121.74M EUR and 149.96M EUR, reflecting decreases of 45.67M EUR (-27.18%) and 27.07M EUR (-15.31%).

In December 202601, Portugal's total trade value reached 14.63B EUR, with exports at 6.06B EUR (up 451.45M EUR, 8.05%) and imports at 8.57B EUR (up 89.77M EUR, 1.06%). Year on year, total imports decreased by 211.99M EUR (-2.42%), while total exports fell by 1.02B EUR (-14.46%). Overall, the trade balance reflects a challenging year for exports, particularly with significant declines in key markets.

In December 202601, Portugal's imports from Brazil saw a significant increase of 247.41M EUR, marking a 3.73% rise. The Netherlands followed with an increase of 190.85M EUR (0.38%), while Germany's imports rose by 100.61M EUR (0.10%). On the lower end, imports from Spain decreased by 189.48M EUR (-0.06%), China by 149.03M EUR (-0.26%), and Belgium by 70.65M EUR (-0.22%). For exports, Germany led with an increase of 160.65M EUR (0.26%), followed by France with 95.27M EUR (0.13%), and Spain with 68.93M EUR (0.05%). Conversely, exports to Ukraine fell by 51.59M EUR (-0.97%), Algeria by 20.06M EUR (-0.63%), and the United Arab Emirates by 17.82M EUR (-0.59%).

Year on year, imports from the Netherlands increased by 217.29M EUR (46.27%), with Chinese Taipei showing a remarkable rise of 76.17M EUR (infinity % due to previous year being zero). Algeria also saw a significant increase of 52.1M EUR (197.55%). On the downside, imports from Ireland plummeted by 386.85M EUR (-86.28%), while imports from Other Asia, nes dropped to zero (-100%). Angola's imports decreased by 72.93M EUR (-95.23%). For exports, China experienced a growth of 51.24M EUR (104.13%), Finland by 25.85M EUR (95.88%), and Morocco by 15.68M EUR (19.67%). However, exports to Germany fell by 629.53M EUR (-44.95%), Spain by 146.25M EUR (-8.41%), and the United Kingdom by 69.28M EUR (-23.46%).

Overall, the total trade for Portugal in the month of January 202601 showed imports at 7.12B EUR with a slight increase of 81.41M EUR (1.2%), while exports totaled 5.51B EUR, reflecting a more substantial increase of 451.77M EUR (8.9%). Year-on-year, imports decreased by 51.47M EUR (-0.0072%), and exports fell by 252.46M EUR (-4.4%). This indicates a mixed performance in trade flows, with imports showing resilience in the month-on-month comparison but struggling on a yearly basis.

In the month-on-month analysis, imports from Lisbon showed a significant increase of 85.87M EUR, reflecting a 5.6% rise. Oeiras followed closely with an increase of 83.83M EUR (11.3%), while Palmela saw a notable rise of 63.17M EUR (26.3%). On the lower end, Harbor experienced a decrease of 75.53M EUR (-24.6%), Seixal dropped by 67.65M EUR (-68.3%), and Loures fell by 41.77M EUR (-16.8%). For exports, Lisbon led with an increase of 72.71M EUR (14.7%), followed by Vila Nova de Famalicão with 57.23M EUR (37.4%), and Braga with 53.63M EUR (41.6%). Conversely, Caldas da Rainha saw a significant drop of 49.8M EUR (-81.4%), Sintra decreased by 25.42M EUR (-15.1%), and Gondomar fell by 22.71M EUR (-35.8%).

In the year-on-year analysis, imports from Oeiras increased by 62.63M EUR (8.2%), while Loures rose by 34.88M EUR (20.3%), and Palmela saw an increase of 19.02M EUR (6.7%). On the downside, Harbor experienced a decline of 24.62M EUR (-9.6%), trophy dropped by 21.49M EUR (-33.4%), and Oliveira de Azeméis fell by 21.14M EUR (-30.7%). For exports, Palmela had the highest increase of 82.74M EUR (30.3%), followed by Castro Verde with 70.24M EUR (238.3%), and Braga with 14.74M EUR (8.8%). On the lower end, Lisbon saw a decrease of 126.94M EUR (-18.3%), Sintra dropped by 28.21M EUR (-16.5%), and Vila Nova de Famalicão fell by 26.87M EUR (-11.3%).

Overall, the total trade for Portugal in the month of analysis showed imports at 7.03B EUR, down by 201.86M EUR (-2.79% decrease), while exports totaled 5.05B EUR, down by 672.89M EUR (-11.75% decrease). Year-on-year, imports totaled 7.03B EUR, down by 228.74M EUR (-3.15% decrease), while exports increased slightly to 5.05B EUR, up by 93.44M EUR (1.88% increase). This indicates a challenging month for both imports and exports, with significant declines in total trade values.

In the month-on-month analysis, imports from the Harbor region saw the highest increase with a trade value of 307.02M EUR, reflecting a significant value change of 73.16M EUR (31.29% increase). Seixal followed with a trade value of 99.01M EUR, increasing by 56.76M EUR (134.31% increase). Braga also showed a notable increase with a trade value of 156.49M EUR, up by 41.82M EUR (36.47% increase). On the other hand, the lowest decreases were observed in Oeiras with a trade value of 738.87M EUR, down by 100.65M EUR (-11.99% decrease), Palmela at 240.53M EUR, down by 84.33M EUR (-25.96% decrease), and Ílhavo with a trade value of 32.41M EUR, down by 48.96M EUR (-60.17% decrease). For exports, Caldas da Rainha led with a trade value of 61.21M EUR, increasing by 35.32M EUR (136.44% increase), followed by Sines at 36.99M EUR, up by 26.5M EUR (252.76% increase), and Gondomar with a trade value of 63.4M EUR, increasing by 19.33M EUR (43.86% increase). The lowest decreases in exports were seen in Palmela with a trade value of 321.57M EUR, down by 178.48M EUR (-35.69% decrease), Vila Nova de Famalicão at 152.83M EUR, down by 64.18M EUR (-29.90% decrease), and Sintra with a trade value of 167.73M EUR, down by 29.21M EUR (-14.83% decrease).

In the year-on-year analysis, imports from Seixal showed the highest increase with a trade value of 99.01M EUR, reflecting a value change of 53.44M EUR (117.27% increase). Harbor followed with a trade value of 307.02M EUR, increasing by 39.75M EUR (14.87% increase). Azambuja also showed a notable increase with a trade value of 103.22M EUR, up by 29.32M EUR (39.68% increase). Conversely, the largest decreases were observed in Lisbon with a trade value of 1.53B EUR, down by 426.03M EUR (-21.74% decrease), Oeiras at 738.87M EUR, down by 72.66M EUR (-8.95% decrease), and Palmela with a trade value of 240.53M EUR, down by 24.06M EUR (-9.09% decrease). For exports, Caldas da Rainha led with a trade value of 61.21M EUR, increasing by 43.17M EUR (239.22% increase), followed by Loures at 134.99M EUR, up by 37.8M EUR (38.89% increase), and Palmela with a trade value of 321.57M EUR, increasing by 34.33M EUR (11.95% increase). The lowest decreases in exports were seen in Lisbon with a trade value of 495.74M EUR, down by 102.04M EUR (-17.07% decrease), Setúbal at 150.9M EUR, down by 29.9M EUR (-16.54% decrease), and Beja with a trade value of 31.1M EUR, down by 24.61M EUR (-44.18% decrease).

Overall, the analysis indicates a challenging trade environment for Portugal in 202511, with total imports at 7.24B EUR and total exports at 5.73B EUR. Month-on-month, imports decreased by 791.36M EUR (-9.86%) and exports decreased by 405.23M EUR (-6.06%). Year-on-year, imports decreased by 215.22M EUR (-2.88%) and exports decreased by 301.86M EUR (-5.01%). The trade balance remains under pressure, reflecting the broader economic challenges faced by the eurozone.

In the month-on-month analysis, imports from Loures saw a significant increase of 68.19M EUR, representing a 31.74% rise. Lisbon's imports also increased by 61.46M EUR, but at a much lower rate of 4.13%. On the lower end, Oeiras experienced a decline of 99.91M EUR, a drop of 10.64%. The most notable increases in exports were from Palmela, which surged by 212.54M EUR (73.93%), and Loures, which rose by 36.41M EUR (38.52%). Conversely, Lisbon's exports fell by 77.26M EUR, a decrease of 13.52%. Overall, total imports decreased by 791.36M EUR (-9.86%) while total exports decreased by 405.23M EUR (-6.06%).

In the year-on-year analysis, Loures imports increased by 68.24M EUR (31.77%), while imports from Lisbon decreased by 145.3M EUR (-8.58%). The most significant growth in exports was from Palmela, which increased by 73.87M EUR (17.34%), while Lisbon's exports fell by 232.8M EUR (-32.06%). Total imports decreased by 215.22M EUR (-2.88%) year-on-year, while total exports decreased by 301.86M EUR (-5.01%).

In summary, Portugal's trade values showed a mixed performance in the analyzed period. Month-on-month, total exports decreased by 199.44M EUR (-2.90%) and imports fell by 1.01B EUR (-10.47%). Year-on-year, total exports decreased by 127.76M EUR (-1.88%) and imports fell by 638.71M EUR (-6.87%). The most significant increases in imports were from Angola, Nigeria, and Kuwait, while the largest decreases were from Spain, China, and Italy. For exports, Germany, Italy, and Ukraine saw the highest increases, while Spain, France, and Angola experienced the largest declines.

In the month-on-month analysis, imports from Angola saw a significant increase of 55.49M EUR, representing a 16.73% rise. Nigeria and Kuwait also experienced growth, with increases of 38.65M EUR (1.90%) and 27.18M EUR (1.48%) respectively. On the other hand, imports from Spain decreased by 273.78M EUR (-8.11%), while China and Italy saw declines of 166.63M EUR (-26.64%) and 111.52M EUR (-20.41%) respectively. For exports, Germany led with an increase of 229.5M EUR (28.49%), followed by Italy with 64.52M EUR (22.67%) and Ukraine with 10.34M EUR (32.28%). Conversely, exports to Spain fell by 105.31M EUR (-5.79%), France by 49.9M EUR (-5.79%), and Angola by 38.66M EUR (-31.73%). Overall, total exports decreased by 199.44M EUR (-2.90%), while imports fell by 1.01B EUR (-10.47%).

In the year-on-year analysis, imports from Spain increased by 74.69M EUR (2.47%), while imports from China and Angola rose by 68.1M EUR (17.43%) and 57.77M EUR (55.78%) respectively. Imports from Germany also saw a rise of 56.45M EUR (5.55%). However, imports from Ireland, the United States, and Brazil experienced significant declines, with decreases of 581.31M EUR (-88.43%), 103.69M EUR (-39.78%), and 79.75M EUR (-64.38%) respectively. For exports, Germany again led with an increase of 131.65M EUR (14.57%), followed by Turkey with 30.77M EUR (58.19%) and the United Kingdom with 27.76M EUR (9.24%). Exports to Spain, the United States, and the Netherlands saw declines of 144.32M EUR (-7.67%), 76.35M EUR (-20.73%), and 34.4M EUR (-15.58%) respectively. Overall, total exports decreased by 127.76M EUR (-1.88%), while imports fell by 638.71M EUR (-6.87%).

Overall, the total trade for imports decreased by 152.04M (-1.55%) month-on-month, totaling 9.67B. Year-on-year, imports decreased by 282.94M (-2.84%), also totaling 9.67B. Exports saw a month-on-month decrease of 368.49M (-5.09%), totaling 6.87B. Year-on-year, exports decreased by 552.36M (-7.44%), totaling 6.87B. The overall trade balance indicates a decline in both imports and exports, highlighting a challenging trade environment for Portugal.

In the month-on-month analysis, imports from Spain saw the highest increase with a trade value of 3.38B, reflecting a value change of 272.57M (8.78% increase). Italy followed with 546.49M, increasing by 95.45M (21.16% increase). The Netherlands also showed a significant rise with 599.73M, up by 83.6M (16.20% increase). On the lower end, Brazil experienced a drastic decline with a trade value of 63.05M, down by 365.64M (-85.29% decrease). Ireland's imports decreased to 80.74M, down by 148.38M (-64.76% decrease). The United States also saw a drop to 208.36M, down by 103.51M (-33.19% decrease). For exports, the United Kingdom led with 341.74M, increasing by 77.96M (29.55% increase). France followed with 861.24M, up by 38.54M (4.68% increase). Spain's exports were at 1.82B, with a modest increase of 32.79M (1.83% increase). On the downside, Germany's exports fell to 805.61M, down by 610.82M (-43.12% decrease). Gibraltar's exports decreased to 22.04M, down by 21.98M (-49.94% decrease). Other Asia, nes reported no exports, down by 16.55M (-100% decrease).

In the year-on-year analysis, imports from China showed the most significant increase with a trade value of 625.39M, reflecting a value change of 143.67M (29.82% increase). Germany followed with 1.18B, increasing by 81.39M (7.38% increase). Chinese Taipei also had a notable increase with 64.01M, up by 64.01M (infinite percentage increase due to previous zero). On the lower end, Brazil's imports fell to 63.05M, down by 459.49M (-87.94% decrease). Other Asia, nes reported no imports, down by 64.63M (-100% decrease). The United States also saw a decline to 208.36M, down by 49.68M (-19.25% decrease). For exports, the United Kingdom led with 341.74M, increasing by 47.38M (16.10% increase). Turkey followed with 99.31M, up by 30.72M (44.78% increase). Chinese Taipei also had a significant increase with 21.48M, reflecting an infinite percentage increase. On the downside, the United States' exports fell to 316.3M, down by 234.57M (-42.58% decrease). Spain's exports decreased to 1.82B, down by 89.63M (-4.68% decrease). Germany's exports also fell to 805.61M, down by 86.13M (-9.66% decrease).

Overall, the total trade for Portugal showed a mixed performance. Imports totaled 8.03B, with a month-on-month decrease of 261.53M (-3.16%) and a year-on-year decline of 501.33M (-5.88%). Exports totaled 6.13B, with a month-on-month increase of 230.68M (3.91%) but a year-on-year decrease of 297.38M (-4.63%). The trade balance indicates a challenging environment for imports, particularly from major regions like Lisbon, while certain export regions like Guimarães and Sintra showed resilience.

In the month-on-month analysis, imports from Azambuja saw the highest increase with a trade value of 135.93M, reflecting a significant value change of 50.58M, which is a 59.25% increase. Ílhavo followed closely with a trade value of 93.89M, increasing by 38.88M (70.67%). On the lower end, Lisbon experienced a substantial drop in imports, with a trade value of 1.49B, decreasing by 477.39M, which is a 24.30% decline. Harbor and Oeiras also saw declines of 77.16M and 65.55M respectively, with percentage changes of -22.48% and -6.52%. For exports, Guimarães led with a trade value of 142.51M, increasing by 25.03M (21.31%). Barcelona and Sintra also showed positive changes with increases of 23.07M and 22.85M respectively. Conversely, Lisbon's exports fell by 85.79M (13.07%), followed by Palmela and Loures with declines of 70.73M and 29.6M respectively.

In the year-on-year analysis, Vila Franca de Xira had the highest increase in imports with a trade value of 165.76M, reflecting a value change of 60.73M (57.82%). Azambuja and Palmela also showed positive growth with increases of 29.39M and 26.25M respectively. On the downside, Lisbon's imports saw a significant decline of 554.93M (27.18%), followed by Braga and Seixal with decreases of 53.8M and 46.45M. For exports, Sintra led with a trade value of 209.39M, increasing by 25.6M (13.93%). Viana do Castelo and Évora also showed positive changes. However, Lisbon's exports dropped by 196.41M (25.61%), with Palmela and Loures also experiencing declines.