Portugal 6 months to June trade deficit shrinks 7.5 pct to 8.75 bln eur

Sep 10, 2007 - Portugal's global trade deficit shrank 7.5 pct to 8.75 bln eur in the six months to June, from 9.47 bln a year earlier, as a 9.2 pct rise in exports to 18.68 bln more than offset a 3.3 pct rise in imports to 27.43 bln, the INE statistics institute said.

In a statement, INE said Portugal's trade gap with non-EU countries in the seven months to July shrank 14.2 pct to 2.81 bln eur from 3.28 bln a year earlier, as exports rose 15.8 pct to 5.03 bln, outpacing a 2.9 pct rise in imports to 7.84 bln.