Foreign sales were driven by increased transactions of industrial supplies, mainly chemical products, to Germany, according to a statement from the National Institute of Statistics (INE).

According to the INE, the annual increase in exports compares to an annual decrease of 1.6% in August, a change that occurred after the entry into force of the 15% tariffs on European exports to the US, following the agreement reached between Brussels and Washington.

Excluding TTE transactions (transactions related to or following work on order, without transfer of ownership), exports also grew, but much less: they increased by 3.6% (-5.9% in August).

Imports, on the other hand, increased by 9.4%, above the 3% growth recorded in the previous month. Without TTE transactions, imports rose by 10.1%, compared to a 2% drop in the previous month.

Excluding fuels and lubricants, exports registered a year-on-year increase of 15.4% (+0.8% in August 2025), reflecting a decrease in transactions of this product category (-3.4%), concludes the INE.