Portugal recorded a trade surplus of 814 million euros through April, an increase of 626.15 million euros compared to March. However, this figure represents a 46.7% decrease from the same period in 2025. The improvement in surplus is tempered by a significant rise in imports and a worsening deficit in the trade balance of goods. These factors contributed to the overall decline despite the month-over-month gain. Economists are analyzing the import increases to determine contributing sectors and potential economic impacts. The data suggests a complex economic landscape with both positive and negative trends currently at play in Portugal’s trade performance. Further analysis is needed to assess the sustainability of the current surplus level.