30 Há Portugal was not as dependent on years as Há Portugal. War leads to demand for trade from Angola, Brazil, Spain, Congo and Tobago
Portugal was not so dependent on Ukraine about 30 years ago, with the war coming to change that situation, also changing the profile of our country’s suppliers, advancing the ‘Vive Money DV).
According to an analysis of the INE data publication, Portugal is currently more dependent on the outside, with the trade deficit reaching the highest value in the official series in the first half of 2022.
The same Portuguese businesses show that the deficit between exports of goods and over 1 million euros in that period, the most recent figure in three decades.
The newspaper adds that this number was driven by a very sharp growth in purchases abroad, which increased almost equal to 37% compared to the period of 2021.
Another of the analysis expenses is that they triggered the rise in tradable prices, but the value of the reinforcements was much stronger.
In the quarter, as from Portugal to abroad it increased by almost 8%, namely as almost 3 seconds and 8% of transport.
In addition, the profile of suppliers in Portugal has also changed, according to the DV. 10% from Spain over EUR 828 million), with industrial and food supplies.
Purchases from Brazil almost doubled (89% more or 757 million euros) essentially because of oil. The Democratic Republic of Congo, which has never been a supplier to Portugal, earned more than 331 million euros in insufflators and emulsifiers.
Also Trinidad and Tobago was a new partner, selling more than 288 million euros in oil. And Angola tripled sales, with more than 240 million euros in oil, says the newspaper.