Insights for Portugal

MoM insights: 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%).

YoY insights: 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%).