The Instituto Nacional de Estatística (INE) announced a 0.1% decrease in exports and a 5.2% increase in imports for the third quarter of 2025.
The INE report stated, “The quick estimate for International Trade in goods for the 3rd quarter of 2025 indicates a slight decrease of 0.1% in exports and an increase of 5.2% in imports, in nominal terms compared to the same period last year.”
It added, “When excluding TTE1 transactions, which are transactions aimed at or following work under contract (without transfer of ownership), export variation was zero and the increase in imports was less pronounced, +3.0%.”
Furthermore, “Compared to the previous quarter, there was a slight improvement in the evolution of exports, which had recorded a decrease of 1.2% in the 2nd quarter (-1.6% without TTE).”
It is also noted that “goods imports grew for the sixth consecutive quarter, but continued a slowing trajectory compared to the previous quarter, which had a year-on-year variation of +6.5%.”
The report highlighted, “However, when excluding TTE, imports showed an acceleration in growth, with the variation in the 2nd quarter being +2.1%.”
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