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 10 May 2024 10:00

Previous
€-6.408B
Actual
€-5.692B

Next event - Wednesday 5 June 2024 10:00

Previous
-
Actual
-

The typical/expected market impact of this event is low.

Trading range

Announcement history

The most recent announced value for Global Trade Balance was €-5.692B.

Past events

Date
Actual
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
Wednesday 10 May 2023 10:00
€-6.569B
Monday 10 April 2023 10:00
€-7.213B
Monday 13 March 2023 11:00
€-7.269B
Thursday 9 February 2023 11:00
€-8.069B
Monday 9 January 2023 11:00
€-7.991B
Friday 9 December 2022 11:00
€-9.025B
Wednesday 9 November 2022 11:00
€-8.305B
Monday 10 October 2022 10:00
€-8.197B
Friday 9 September 2022 10:00
€-6.965B
Tuesday 9 August 2022 10:00
€-7.376B
Monday 11 July 2022 10:00
€-7.358B
Thursday 9 June 2022 10:00
€-7.126B
Tuesday 10 May 2022 10:00
€-6.646B
Friday 8 April 2022 10:00
€-6.593B
Friday 11 March 2022 11:00
€-6.573B
Wednesday 9 February 2022 11:00
€-6.673B
Monday 10 January 2022 11:00
€-5.869B
Friday 10 December 2021 11:00
€-5.487B
Tuesday 9 November 2021 11:00
€-5B
Monday 11 October 2021 10:00
€-4.83B
Thursday 9 September 2021 10:00
€-4.421B
Monday 9 August 2021 10:00
€-4.228B
Friday 9 July 2021 10:00
€-3.761B
Wednesday 9 June 2021 10:00
€-3.08B

Economic context

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

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)0.7%0.7%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Consumer Price Index (EU Norm) (YoY)Bearish change1%0.9%
Consumer Price Index (YoY)Bearish change0.9%0.8%
Employment Change (QoQ)(no change)0.3%0.3%
Gross Domestic Product s.a. (QoQ)(no change)0.3%0.3%
Gross Domestic Product s.a. (YoY)(no change)0.4%0.4%
Industrial Production s.a. (MoM)Bearish change1%0.6%
Consumer Price Index (EU norm) (YoY)(no change)2.4%2.4%
ZEW Survey – Current SituationBullish change-79.2-72.3
ZEW Survey – Economic SentimentBullish change42.947.1
ZEW Survey – Economic SentimentBullish change43.947
Harmonized Index of Consumer Prices (YoY)(no change)3.4%3.4%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-5.3%-3.3%
Industrial Production s.a. (MoM)Bearish change1.7%-0.4%
Retail Sales (MoM)Bullish change-0.3%0.8%
Retail Sales (YoY)Bullish change-0.5%0.7%
Factory Orders n.s.a. (YoY)Bullish change-8.8%-1.9%
Factory Orders s.a. (MoM)Bullish change-0.8%-0.4%
Trade Balance s.a.Bullish change€21.4B€22.3B

About Global Trade Balance

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

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