SYNTHESIS INE@COVID-19, 11-may-2020

May . 11 . 2020 page 13/14 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 IMPORTS OF GOODS Imports declined sharply in March 2020 (-11.9% compared to March 2019), after an increase (+0.2%) in average terms in the January-February 2020 period. In the first two months of the year, there were increases recorded in imports from: . The United Kingdom (+26,1%). . The United States (+10,0%). . The Netherlands (+3,1%). . Belgium(+2,4%). . China (+2,4%). . Spain (+1,6%). In March, however, there were only decreases recorded. -80,9% -47,0% -27,7% -16,9% -16,7% -12,2% -11,3% -10,1% -7,8% -3,6% -36,7% -12,3% 10,0% 2,4% 2,4% 1,6% -3,2% -2,1% 3,1% 26,1% -100% -80% -60% -40% -20% 0% 20% 40% Russia China JAN/FEB MARCH United Kingdom Netherlands Italy Germany Spain Belgium United States France -38,4% -13,7% -7,5% -4,2% -2,9% 6,7% -1,8% -0,5% 2,8% -3,8% 8,0% 3,2% -50% -40% -30% -20% -10% 0% 10% 20% JAN/FEB MARCH - Transport equipment Consumer goods Capital goods and parts thereof Industrial supplies Fuels and lubrificants Food and beverages The largest decreases in value were recorded with France (-47.0%) and Spain (-12.2%), but in relative terms imports from Russia decreased the most (-80.9%). “Transport equipment” registered the largest decrease in March, -38.4%, which followed a reduction of 1.8% in the first two months of 2020, mainly due to “Other transport equipment” (aircraft), mainly from France. Only “Food and Beverage products” recorded a year-on- year increase in March (+6.7%, after an average increase of 3.2% in the previous two months). More information available at: International trade, March 2020 (8 de maio de 2020) International trade of goods - Imports Year-on-year growth rate by partner country, Jan/Feb-Mar 2020 International trade of goods - Imports Year-on-year growth rate by broad economic categories (bec), Jan/Feb-Mar 2020