{"id":1071,"date":"2023-05-25T11:50:47","date_gmt":"2023-05-25T11:50:47","guid":{"rendered":"https:\/\/optimistic.pt\/?p=1071"},"modified":"2023-08-14T16:42:46","modified_gmt":"2023-08-14T16:42:46","slug":"exports-of-goods-exceed-70-billion-euros","status":"publish","type":"post","link":"https:\/\/optimistic.pt\/en\/2023\/05\/25\/exports-of-goods-exceed-70-billion-euros\/","title":{"rendered":"Exports of goods exceed 70 billion euros."},"content":{"rendered":"\r\n
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Exports of goods exceed 70 billion euros.<\/h5>\r\n
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Exports of goods, in cumulative values, from January to November 2022, amounted to 72.564 billion euros. The main destination for Portuguese exports was Spain, with a share of 26 percent of the total, followed by France, Germany, the USA, and the United Kingdom.<\/p>\r\n

According to data from INE (National Statistics Institute), exports grew by 24.5 percent compared to the first eleven months of 2021. This represents a growth of 46.6 percent compared to the same period in 2020.<\/p>\r\n

From January to November 2022, exports to the European Union increased by 22.8 percent, accounting for a share of 70.5 percent in total exports. Meanwhile, extra-EU exports increased by 28.7 percent, representing a weight of 29.5 percent of the total.<\/p>\r\n

According to INE data, exports grew by 24.5 percent compared to the first eleven months of 2021. This represents a growth of 46.6 percent compared to the same period in 2020.<\/p>\r\n

Spain had the largest positive contribution to the overall export growth, with an increase of 3,394 million euros (+21.9 percent), followed by the USA (1,496 million euros; +45.9 percent), Germany (1,487 million euros; +23 percent), and France (1,357 million euros; +17.7 percent).<\/p>\r\n

By product groups, Machinery and Appliances constituted the main export with a share of 13.8 percent of the total, followed by Vehicles and Other Transport Equipment, representing 12.4 percent.<\/p>\r\n

During this period, notable increases in exports were observed in Mineral Fuels (81.8 percent), Machinery and Appliances (19.5 percent), Chemicals (36.8 percent), and Vehicles and Other Transport Equipment (15.9 percent).<\/p>\r\n

Imports totaled 100.471 billion euros, with a year-on-year variation of 33.4 percent.<\/p>\r\n

Source:\u00a0AICEP<\/strong><\/a><\/p>\r\n

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