In the 1st half 2018
Trade balance of the Autonomous Region of Madeira with foreign countries was positive
According to preliminary data, the Region’s trade balance of goods with foreign countries stood at +7.2 million Euros in the 1st half of 2018, representing a coverage rate of imports by exports of 110.2%. In the same period of last year, the balance between exports and imports had also been positive (+1.2 million Euros) and the coverage rate reached 101.8%.
In the first six months of 2018, exports totaled 78.2 million Euros, 85.5% of which destined for Third Countries (i.e. outside the EU), while imports reached 71.0 million Euros, 87.4% of which coming from the EU.
Exports went up 19.6% year-on-year, while imports increased by 10.6%.