Exports of goods fell by 2.9% compared to the same period in the last quarter of 2025, while imports fell by 5.1%, according to a flash estimate published this quarter 28 by the National Statistics Office (INE).
Considering that if TTE transactions are excluded, if yes, transactions with respect to the order of transactions according to the order, “these decreases slightly increase in exports (-3.6%) and decrease in imports (-4.1%)”, according to the national statistics.
For a year-by-year comparison, there was a negative development for both flows, as in the 3rd quarter exports fell by 0.3% and imports increased by 5.4% (+3.1% without TTE).
At the end of the day, however, be warned that this quick estimate “includes the estimated value of exports of a larger scale than usual, due to administrative information not being available in time”.

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