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Economy · Funchal · 7 August 2026

Madeira Maintains Positive External Trade Balance, but Surplus Drops in H1

Madeira's trade surplus with foreign countries fell to 65.4 million euros in the first half of 2026, a decrease of 30.5 million from the previous year.

Madeira Maintains Positive External Trade Balance, but Surplus Drops in H1

The Autonomous Region of Madeira recorded a positive balance of 65.4 million euros in its goods trade balance with foreign countries during the first half of 2026. This surplus represents a decrease of 30.5 million euros compared to the same period in 2025, when the trade balance reached 95.9 million euros.

The change is attributed to a decrease in exports, which fell by 8.2% to 235.7 million euros, and an increase in imports by 5.9%, reaching approximately 170.3 million euros. The import coverage rate by exports stood at 138.4%, down from 159.6% recorded in the previous year.

Non-EU countries were the main destination for Madeiran exports (72.3%), while the European Union remained dominant in imports (77.1%). Final data for 2025 shows an annual trade surplus of 157.3 million euros, marking the ninth consecutive year of a positive balance.

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