{"id":10870,"date":"2023-05-17T16:38:51","date_gmt":"2023-05-17T15:38:51","guid":{"rendered":"https:\/\/olicargo.com\/blog\/2023\/05\/exports-and-imports-balance\/"},"modified":"2023-05-18T11:31:19","modified_gmt":"2023-05-18T11:31:19","slug":"exports-and-imports-balance","status":"publish","type":"post","link":"https:\/\/olicargo.com\/en\/blog\/2023\/05\/exports-and-imports-balance\/","title":{"rendered":"Exports and Imports Balance"},"content":{"rendered":"\n
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Portugal is a country increasingly focused on exports. With a geographically strategic location, a language spoken by more than 220 million people, great infrastructures and technologically advanced resources, Portuguese finished products are distinguished by their unique quality.<\/p>\n\n

These are some of the reasons why Portuguese companies are increasingly betting on internationalization, as a way to leverage their growth and competitiveness in the global market.<\/p>\n\n

However, while facing so many challenges such as the pandemics, war and inflation, what has been the performance of the several Portuguese sectors?<\/p>\n\n

Learn more in this post!<\/p>\n\n

Portuguese Exports Grow 13.2% in the First Quarter…<\/strong><\/p>\n\n

… and imports about 9.1%, compared to the same period last year, with industrial supplies reaching 19.0% and 12.5%, respectively, and a decrease in imports of fuels and lubricants (-12.7%).<\/p>\n\n

Imported goods already cost 2.2% less while exported goods reflected a 4.4% fluctuation.<\/p>\n\n

Metal Exports reach the best 1st quarter ever…<\/strong><\/p>\n\n

… a record that exceeds 2,524 million euros and an increase of 27.2% over the same period last year.<\/p>\n\n

The main customers are: Spain, Germany, France, Italy, UK (not including Northern Ireland), Australia, Japan and Morocco.<\/p>\n\n

Automotive components exports registered a historical high …<\/strong><\/p>\n\n

… only in March increased about 36% compared to the same month. A growth that continues for the 11th consecutive month and has already exceeded 3,053 million euros since January. 71% of exports destinations are: Spain, Germany, France, Slovakia and USA.<\/p>\n\n

Exports Textiles decrease…<\/strong><\/p>\n\n

…. “exporting less for a higher value” this is how ATP ranks the industry landscape. In February there was a decrease of 3% in value and 12% in quantity in textiles and clothing exports. Despite the general decline, the following markets stand out: Romania, the Czech Republic, Canada and Switzerland.<\/p>\n\n

Wine exports recede in the first quarter…<\/strong><\/p>\n\n

… although the average price has increased, wine exports fall in value and volume. Even though, the most prominent products are Port Wine and Wines from the Set\u00fabal Peninsula Region. <\/p>\n\n

Sources:<\/strong><\/p>\n\n

ECO. (2023). Exporta\u00e7\u00f5es crescem 18,7% em mar\u00e7o, acima das importa\u00e7\u00f5es. Consultado a 17 de maio de 2023, em: https:\/\/eco.sapo.pt\/2023\/05\/10\/exportacoes-crescem-187-em-marco-acima-das-importacoes\/<\/strong><\/a><\/p>\n\n

Observador. (2023). INE: exporta\u00e7\u00f5es e importa\u00e7\u00f5es crescem 13,2% e 9,1% no primeiro trimestre. Consultado a 17 de maio de 2023, em: https:\/\/observador.pt\/2023\/05\/10\/ine-exportacoes-e-importacoes-crescem-132-e-91-no-primeiro-trimestre\/<\/a><\/p>\n\n

Not\u00edcias ao Minuto. (2023). Exporta\u00e7\u00f5es do Metal Portugal registam melhor 1.\u00ba trimestre de sempre. Consultado a 17 de maio de 2023, em:<\/p>\n\n

ECO. (2023). Exporta\u00e7\u00f5es de componentes autom\u00f3veis crescem 36% em mar\u00e7o. Consultado a 17 de maio de 2023, em: https:\/\/eco.sapo.pt\/2023\/05\/10\/exportacoes-de-componentes-automoveis-crescem-36-em-marco\/<\/strong><\/a><\/p>\n\n

Jornal de Neg\u00f3cios. (2023). Infla\u00e7\u00e3o faz “encolher” exporta\u00e7\u00f5es do t\u00eaxtil em fevereiro. Consultado a 17 de maio de 2023, em: https:\/\/www.jornaldenegocios.pt\/empresas\/industria\/detalhe\/inflacao-faz-encolher-exportacoes-do-textil-em-fevereiro<\/strong><\/a><\/p>\n\n

Expresso. (2023). Exporta\u00e7\u00f5es de vinho est\u00e3o a cair em valor e volume, mas vendas para a R\u00fassia aumentam. Consultado a 17 de maio de 2023, em: https:\/\/expresso.pt\/economia\/economia_agricultura\/2023-05-16-Exportacoes-de-vinho-estao-a-cair-em-valor-e-volume-mas-vendas-para-a-Russia-aumentam-0c6d63e2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Portugal is a country increasingly focused on exports. With a geographically strategic location, a language spoken by more than 220 million people, great infrastructures and technologically advanced resources, Portuguese finished…<\/p>\n","protected":false},"author":6,"featured_media":10849,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-10870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"_links":{"self":[{"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts\/10870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/comments?post=10870"}],"version-history":[{"count":1,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts\/10870\/revisions"}],"predecessor-version":[{"id":10871,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts\/10870\/revisions\/10871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/media\/10849"}],"wp:attachment":[{"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/media?parent=10870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/categories?post=10870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/tags?post=10870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}