Portugal’s Trade Gap Narrows as Exports Increase, Imports Drop

Portugal’s trade deficit narrowed in the three months through December as exports rose and imports fell, the country’s statistics institute said.

The trade deficit narrowed to 2.58 billion euros from 3.12 billion euros in the same period a year earlier, the Lisbon- based institute said today in an e-mailed report. Exports rose 1.0 percent and imports fell 3.0 percent.

To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net

To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.