Global Trade Balance

The Trade Balance released by Statistics Portugal is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. If a steady demand in exchange for Portuguese exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the EUR.

Next event - Wednesday 12 March 2025 11:00

Previous
€-7.976B
Actual
-

The typical/expected market impact of this event is low.

Most recent - Monday 10 February 2025 11:00

Previous
€-7.434B
Actual
€-7.976B

Trading range

Announcement history

The most recent announced value for Global Trade Balance was €-7.976B.

Past events

Date
Actual
Monday 10 February 2025 11:00
€-7.976B
Thursday 9 January 2025 11:00
€-7.434B
Tuesday 10 December 2024 11:00
€-7.601B
Friday 8 November 2024 11:00
€-7.135B
Thursday 10 October 2024 10:00
€-6.677B
Monday 9 September 2024 10:00
€-6.272B
Friday 9 August 2024 10:00
€-6.483B
Wednesday 10 July 2024 10:00
€-6.25B
Friday 7 June 2024 10:00
€-6.334B
Friday 10 May 2024 10:00
€-5.692B
Tuesday 9 April 2024 10:00
€-6.408B
Monday 11 March 2024 11:00
€-5.963B
Friday 9 February 2024 11:00
€-7.187B
Tuesday 9 January 2024 11:00
€-7.1B
Monday 11 December 2023 11:00
€-7.54B
Thursday 9 November 2023 11:00
€-6.743B
Tuesday 10 October 2023 10:00
€-6.653B
Friday 8 September 2023 10:00
€-6.825B
Wednesday 9 August 2023 10:00
€-6.841B
Monday 10 July 2023 10:00
€-6.822B
Friday 9 June 2023 10:00
€-6.78B
Wednesday 10 May 2023 10:00
€-6.569B
Monday 10 April 2023 10:00
€-7.213B
Monday 13 March 2023 11:00
€-7.269B
Thursday 9 February 2023 11:00
€-8.069B
Monday 9 January 2023 11:00
€-7.991B
Friday 9 December 2022 11:00
€-9.025B
Wednesday 9 November 2022 11:00
€-8.305B
Monday 10 October 2022 10:00
€-8.197B
Friday 9 September 2022 10:00
€-6.965B
Tuesday 9 August 2022 10:00
€-7.376B
Monday 11 July 2022 10:00
€-7.358B
Thursday 9 June 2022 10:00
€-7.126B
Tuesday 10 May 2022 10:00
€-6.646B
Friday 8 April 2022 10:00
€-6.593B

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Global Trade Balance result:

PreviousLatest
Sentix Investor ConfidenceBullish change-12.7-2.9
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-2.2%-1.6%
Industrial Production s.a. (MoM)Bullish change-1.5%2%
Trade Balance s.a.Bearish change€20.7B€16B
Employment Change (QoQ)(no change)0.1%0.1%
Gross Domestic Product s.a. (QoQ)Bullish change0.1%0.2%
Gross Domestic Product s.a. (YoY)Bullish change0.9%1.2%
Factory Orders n.s.a. (YoY)Bullish change-6.9%-2.6%
Factory Orders s.a. (MoM)Bearish change5.9%-7%
Retail Sales (MoM)Bearish change0%-0.3%
Retail Sales (YoY)Bearish change1.9%1.5%
Producer Price Index (MoM)Bullish change0.5%0.8%
Producer Price Index (YoY)Bullish change0.1%1.8%
Gross Domestic Product (QoQ)Bullish change0%0.1%
Gross Domestic Product (YoY)Bullish change0.5%0.6%
HCOB Composite PMI(no change)50.250.2
HCOB Composite PMIBearish change5150.4
HCOB Services PMIBearish change52.251.1
HCOB Services PMIBullish change54.956.2
Unemployment Rate(no change)6.2%6.2%
Core Harmonized Index of Consumer Prices (MoM)Bullish change-0.9%0.6%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.7%2.6%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.3%0.5%
Harmonized Index of Consumer Prices (YoY)Bearish change2.5%2.4%
HCOB Manufacturing PMIBullish change46.146.5
HCOB Manufacturing PMIBullish change46.347.4
HCOB Manufacturing PMIBearish change50.949.7
Consumer Price Index (MoM)Bullish change-0.2%0.4%
Consumer Price Index (YoY)(no change)2.3%2.3%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.2%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Consumer Price Index (EU Norm) (YoY)(no change)1.7%1.7%
Consumer Price Index (YoY)Bullish change1.5%1.7%
Unemployment ChangeBullish change11K5K
Unemployment Rate s.a.(no change)6.2%6.2%
Consumer Price Index (EU norm) (YoY)Bearish change1.8%0.9%
Retail Sales (MoM)Bullish change-1.6%0.2%
Retail Sales (YoY)Bullish change1.8%2.9%
Business ClimateBullish change-0.92-0.74
Consumer Confidence(no change)-13.6-13.6
Economic Sentiment IndicatorBullish change95.396.3
Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
GfK Consumer Confidence SurveyBearish change-22.4-24.7

About Global Trade Balance

Country:Portugal
Currency:EUR
Source:
Category:Capital Flows
Frequency:Monthly
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