Portugal’s trade balance deteriorated in December 2025, with the deficit expanding to €7.80 billion, compared with a revised shortfall of €7.54 billion in November 2025. The latest figures highlight a further weakening in the country’s external position at the end of the year.
The data, updated on 9 February 2026, indicate that Portugal’s negative trade gap continued to grow month-on-month, suggesting that imports outpaced exports more sharply in December. While detailed breakdowns were not provided, the move from November’s -€7.54 billion to December’s -€7.80 billion underscores persistent pressure on the trade balance as 2025 closed.
