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.

Most recent - Friday 8 May 2026 10:00

Previous
€-7.951B
Actual
€-8.417B

Trading range

Announcement history

The most recent announced value for Global Trade Balance was €-8.417B.

Past events

Date
Actual
Friday 8 May 2026 10:00
€-8.417B
Thursday 9 April 2026 10:00
€-7.951B
Thursday 12 March 2026 11:00
€-7.457B
Monday 9 February 2026 11:00
€-7.798B
Friday 9 January 2026 11:00
€-7.543B
Wednesday 10 December 2025 11:00
€-8.458B
Monday 10 November 2025 11:00
€-8.94B
Friday 10 October 2025 10:00
€-8.622B
Tuesday 9 September 2025 10:00
€-8.904B
Friday 8 August 2025 10:00
€-8.598B
Thursday 10 July 2025 10:00
€-8.715B
Monday 9 June 2025 10:00
€-7.521B
Friday 9 May 2025 10:00
€-6.216B
Wednesday 9 April 2025 10:00
€-6.653B
Wednesday 12 March 2025 11:00
€-7.211B
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

Economic context

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

PreviousLatest
Harmonized Index of Consumer Prices (YoY)(no change)3.5%3.5%
Employment Change (QoQ)Bearish change0.2%0.1%
Gross Domestic Product s.a. (QoQ)Bearish change0.2%0.1%
Gross Domestic Product s.a. (YoY)Bearish change1.3%0.8%
Industrial Production s.a. (MoM)(no change)0.2%0.2%
Consumer Price Index (EU norm) (YoY)(no change)2.5%2.5%
ZEW Survey – Current SituationBearish change-73.7-77.8
ZEW Survey – Economic SentimentBullish change-17.2-10.2
ZEW Survey – Economic SentimentBullish change-20.4-9.1
Harmonized Index of Consumer Prices (MoM)(no change)0.5%0.5%
Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
Industrial Production n.s.a. w.d.a. (YoY)Bearish change-0.2%-2.8%
Industrial Production s.a. (MoM)Bearish change-0.5%-0.7%
Trade Balance s.a.Bearish change€19.5B€14.3B
Retail Sales (MoM)Bullish change-0.3%-0.1%
Retail Sales (YoY)Bearish change1.3%1.2%
Factory Orders n.s.a. (YoY)Bullish change3.5%6.3%
Factory Orders s.a. (MoM)Bullish change1.4%5%
Producer Price Index (MoM)Bullish change-0.6%3.4%
Producer Price Index (YoY)Bullish change-3%2.1%
HCOB Composite PMIBullish change48.648.8
HCOB Composite PMIBullish change48.348.4
HCOB Services PMI(no change)46.946.9
HCOB Services PMIBearish change53.347.9
Sentix Investor ConfidenceBullish change-19.2-16.4
HCOB Manufacturing PMIBullish change51.251.4
HCOB Manufacturing PMIBullish change51.352.1
HCOB Manufacturing PMIBullish change48.751.7

About Global Trade Balance

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