Portugal

Insights for Portugal

BETA

February 2026 period, National level, Subnat aggregation

AI
Summary: 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.
AI
MoM insights: 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%).
AI
YoY insights: 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%).
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