Insights for Portugal

MoM insights: 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.

YoY insights: 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%).