Portugal’s trade deficit deepened in February 2026, with the balance widening to -€7.95 billion from -€7.46 billion in January 2026, according to data updated on 9 April 2026. The figures highlight a further deterioration in the country’s external accounts over the month.
The latest reading suggests that the gap between Portugal’s imports and exports grew by roughly €0.49 billion in February. While specific drivers were not disclosed, the trend underscores ongoing pressure on the trade balance as foreign purchases continue to outpace overseas sales.
The February data will be closely watched by investors and policymakers as they assess Portugal’s external vulnerabilities and the potential implications for growth, fiscal planning and financing needs through 2026.
