Portugal's trade deficit narrows in April

WorldBusiness & Finance
9 Jun 2026 • 11:20 PM MYT
DPA International
DPA International

DPA, founded in 1949, one of the world’s leading independent news agencies

Portugal's foreign trade shortfall decreased in April from a year ago as exports grew faster than imports, figures from Statistics Portugal showed on Tuesday.

The trade deficit dropped to €2.9 billion ($3.4 billion) in April from €3 billion in the same month last year.

Exports climbed 15.5% year-over-year in April, and imports were 11% higher. Excluding fuels and lubricants, exports increased 14.3%.

During April, Portugal's main export partner country was Spain, followed by France and Germany.

An 11.1% growth in shipments to Spain was mainly due to the increase in transactions involving industrial supplies.