Portugal balance of trade

Portugal balance of trade: -2234 (-5.02%)
Last Update: May 31, 2024

Portugal balance of trade closed down -2234 as of May 31, 2024 from -2352 from the previous month and -2450.15 from last year.

Portugal balance of trade Analytics & Data

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Portugal balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Portugal balance of trade

Date	Values
2024-05-31	-2234
2024-04-30	-2352
2024-03-31	-1637
2024-02-29	-2352.68
2024-01-31	-1718.11
2023-12-31	-2403.64
2023-11-30	-1880.54
2023-10-31	-2877.36
2023-09-30	-2298.86
2023-08-31	-2410.91
2023-07-31	-2257.69
2023-06-30	-2085.49
2023-05-31	-2450.15
2023-04-30	-2177.07
2023-03-31	-2092.35
2023-02-28	-2368.76
2023-01-31	-2060.52
2022-12-31	-2858.14
2022-11-30	-2561.11
2022-10-31	-2881.91
2022-09-30	-2876.89
2022-08-31	-3421.43
2022-07-31	-2236.72
2022-06-30	-2606.56

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Portugal balance of trade Statistics

Indicator	Symbol	Actual	Previous	M/M%	Y/Y%	Trend	Slope	Percentile	Update
balance of trade	pt.balanceoftrade	-2234.0	-2352	-5	-9	Down	UP	40	2024-05-31

Portugal balance of trade Factors

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Portugal balance of trade Historical Data

The MacroVar database offers free access to historical data for the Portugal balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Portugal balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Portugal balance of trade

Portugal's balance of trade refers to the difference between the value of goods and services that the country exports and the value of goods and services that it imports. A positive balance of trade occurs when the value of exports is greater than the value of imports, resulting in a trade surplus. On the other hand, a negative balance of trade occurs when the value of imports exceeds the value of exports, leading to a trade deficit. A favorable balance of trade is important for a country's economy as it can lead to increased economic growth, job creation, and overall prosperity. In the case of Portugal, maintaining a healthy balance of trade is crucial for sustaining economic stability and competitiveness in the global market.

Portugal balance of trade

Portugal balance of trade Analytics & Data

Portugal balance of trade

Portugal balance of trade Statistics

Portugal balance of trade Factors

Portugal balance of trade Historical Data

What is the Portugal balance of trade

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