Exports and imports of goods soar

By TPN/Lusa, In News, Business, Economy · 12 Jun 2021, 12:17 · 0 Comments
Exports and imports of goods soar

Exports of goods and imports increased in April by 82.4 percent and 60.4 percent year-on-year, respectively (after increases of 28.7 percent and 13 percent in March) with exports reaching the level of 2019, according to INE.

According to international trade statistics, released on 9 June by the National Statistics Institute (INE), these year-on-year changes, in April, focus on the month of 2020 in which the impact of the Covid-19 pandemic was felt most intensely, corresponding to the month with the lowest absolute values and the largest year-on-year decreases of the entire pandemic period.

Compared to April 2019, there was a 7 percent rise in exports and a 2.6 percent fall in imports, "it should be mentioned that imports in that month of 2019 were particularly high as a result of the acquisition abroad of transport equipment," INE points out.

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