Exports went up 3.8 percent over a year earlier to EUR 25.29 billion in July, driven by higher sales of food, beverages and tobacco (10.5 percent); chemicals (8.7 percent); equipment goods (5.8 percent); manufactured consumption goods (10.3 percent); and the automotive sector (5.7 percent). Meanwhile, sales dropped for energy products (-10.2 percent); non-chemicals semi-manufactures (-2.7 percent); raw materials (-23.1 percent); and other products (-17.3 percent).
Among major trading partners, sales rose to the Euro Area (4.4 percent), of which France (7.7 percent), Germany (6.9 percent), Portugal (5.4 percent) and Italy (2.9 percent); and the US (0.4 percent). In contrasts, sales fell to China (-3.8 percent).
Imports advanced 0.6 percent year-on-year to EUR 27.77 billion, boosted by higher purchases of chemical products (10.4 percent); manufactured consumption goods (9.1 percent); food, beverages and tobacco (3.9 percent); and equipment goods (2 percent). On the other hands, purchases fell for energy products (-14.1 percent); raw materials (-19 percent); and non-chemicals semi-manufactures (-1 percent).
Among major trading partners, purchases increased from China (14.4 percent), but went down to the Euro Area (-1 percent), in particular Germany (-2.2 percent) and France (-8 percent); and the US (-1.4 percent).
Considering the first seven months of the year, the country's trade shortfall decreased to EUR 17.20 billion from EUR 17.83 billion in the corresponding period of 2018, as exports advanced 2 percent to EUR 172.70 billion and imports rose 1.5 percent to EUR 189.89 billion.