The Agri-food sector in Portugal was the only one that saw exports increase until September

September ended with a trade deficit of 643 million euros less than 12 months earlier. Exports of food and beverages were the only ones that registered growth in most of the first nine months of the year The deficit in the trade balance of goods decreased by 643 million euros in September 2020 compared to the same month of 2019, reaching 1088 million euros, announced today the National Statistics Institute. The grouping of food goods was “the only major economic category that registered, in the period from January to September 2020, increases compared to the same period, in contrast to the generalized reduction in exports”. If the category "Fuels and lubricants" is excluded, "the trade balance reached a negative balance of 785 million euros, corresponding to a decrease in the deficit of 353 million euros compared to September 2019". Analyzing only the month of September, exports and imports of goods registered nominal year-on-year changes of -0.4% and -9.9%, respectively, yet the ...