{"id":11967,"date":"2023-08-23T10:30:54","date_gmt":"2023-08-23T10:30:54","guid":{"rendered":"https:\/\/olicargo.com\/?p=11967"},"modified":"2023-08-23T16:53:36","modified_gmt":"2023-08-23T16:53:36","slug":"international-trade-declines","status":"publish","type":"post","link":"https:\/\/olicargo.com\/en\/blog\/2023\/08\/international-trade-declines\/","title":{"rendered":"International Trade Declines"},"content":{"rendered":"\n
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Global economic slowdown and inflationary phenomenon were again reflected in Portugal’s exports and imports, which fell by around 6.9% and 4.1% respectively in May compared with the same period last year. <\/p>

Some of the main highlights (INE, 2023) are the decline in exports of pharmaceutical products and imports of fuels and lubricants (-41.3%). Exports of industrial supplies, particularly chemicals, to the United States also fell by 25.1%.<\/p>

On the other hand, exports of transport equipment (+23.5%) and machinery and other capital goods (+16.9%) to France and Spain increased. Overall, price levels varied by -2.3% for exports and 6.5% for imports.<\/p>

Despite the deceleration, exports and imports are expected to continue their positive contribution to the economy and to develop favourably.<\/p>

Selling products across international borders can be risky and challenging, but it is also an excellent opportunity to improve the long-term sustainability and competitiveness of companies. <\/span><\/p>

Start exporting with Olicargo and learn more about the different stages of the export process. Together, let’s boost international trade! <\/p>

<\/p>

Sources:<\/b><\/p>

ECO. (2023). Com\u00e9rcio internacional acentua queda. Exporta\u00e7\u00f5es recuam 6,9% em maio. Consultado a 03 de agosto de 2023, em: https:\/\/eco.sapo.pt\/2023\/07\/10\/comercio-internacional-acentua-queda-exportacoes-recuam-69-em-maio\/<\/a><\/p>

Jornal Econ\u00f3mico. (2023). Com\u00e9rcio internacional volta a recuar em maio pelo segundo m\u00eas seguido. Consultado a 03 de agosto de 2023, em: https:\/\/jornaleconomico.pt\/noticias\/comercio-internacional-volta-a-recuar-em-maio-pelo-segundo-mes-seguido\/?utm_source=brevo&utm_campaign=PEmpresarial%20646-23%20%20Negcios%20De%20volta%20ao%20Cucaso%20em%20misso%20empresarial&utm_medium=email<\/a><\/p> \n","protected":false},"excerpt":{"rendered":"

Global economic slowdown and inflationary phenomenon were again reflected in Portugal’s exports and imports, which fell by around 6.9% and 4.1% respectively in May compared with the same period last…<\/p>\n","protected":false},"author":6,"featured_media":11965,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-11967","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\/11967","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=11967"}],"version-history":[{"count":1,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts\/11967\/revisions"}],"predecessor-version":[{"id":11968,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/posts\/11967\/revisions\/11968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/media\/11965"}],"wp:attachment":[{"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/media?parent=11967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/categories?post=11967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olicargo.com\/en\/wp-json\/wp\/v2\/tags?post=11967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}