Portugal Exports
Portugal · Monthly series · EC-PT-EXP
Latest, July 2026
8.27B EUR
+4.0% from June 2026
Forecast
Forecast for July 2027: 8.45B EUR, with an 80% interval of 7.48B EUR to 9.46B EUR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| August 2026 | 6.35B EUR | 5.56B EUR | 7.08B EUR |
| September 2026 | 7.89B EUR | 7.02B EUR | 8.76B EUR |
| October 2026 | 8.07B EUR | 7.24B EUR | 8.90B EUR |
| November 2026 | 8.08B EUR | 7.10B EUR | 9.10B EUR |
| December 2026 | 7.04B EUR | 6.48B EUR | 7.58B EUR |
| January 2027 | 7.63B EUR | 7.10B EUR | 8.20B EUR |
| February 2027 | 7.82B EUR | 7.02B EUR | 8.65B EUR |
| March 2027 | 8.46B EUR | 6.60B EUR | 10.31B EUR |
| April 2027 | 7.97B EUR | 6.66B EUR | 9.26B EUR |
| May 2027 | 8.47B EUR | 7.31B EUR | 9.68B EUR |
| June 2027 | 8.24B EUR | 7.28B EUR | 9.23B EUR |
| July 2027 | 8.45B EUR | 7.48B EUR | 9.46B EUR |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +36%Beats the no-change baseline over 12 tests (12 tests, 11 won)
- Direction
- 73%No clear edge over a coin flip (105 of 144 calls right in 12 tests)
- Turning points
- 66 of 85Anticipated most turns (85 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 36% lowerError ratio 0.64; 1.00 is a tie.
- Tests won
- 11 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-08-01 to 2026-07-0112 observations ahead per test.
- 80% band coverage
- 80%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-14 against the cached history through 2026-07-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 97% of the 119 earlier readings since August 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| July 2026 | 8.27B EUR |
| June 2026 | 7.96B EUR |
| May 2026 | 8.17B EUR |
| April 2026 | 8.38B EUR |
| March 2026 | 8.47B EUR |
| February 2026 | 7.09B EUR |
| January 2026 | 6.86B EUR |
| December 2025 | 6.48B EUR |
| November 2025 | 7.57B EUR |
| October 2025 | 7.73B EUR |
| September 2025 | 8.27B EUR |
| August 2025 | 5.66B EUR |
| July 2025 | 7.96B EUR |
| June 2025 | 7.34B EUR |
| May 2025 | 7.63B EUR |
| April 2025 | 6.96B EUR |
| March 2025 | 7.13B EUR |
| February 2025 | 7.34B EUR |
| January 2025 | 7.08B EUR |
| December 2024 | 5.80B EUR |
| November 2024 | 7.05B EUR |
| October 2024 | 7.75B EUR |
| September 2024 | 6.86B EUR |
| August 2024 | 5.53B EUR |
Source
Data: public market data feeds.
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Also stored for Portugal
- Portugal Asylum Applications
- Portugal Balance Of Trade
- Portugal Bank Lending Rate
- Portugal Banks Balance Sheet
- Portugal Building Permits
- Portugal Business Confidence Index
- Portugal CO2 Emissions
- Portugal CPI Housing Utilities
- Portugal CPI Transportation
- Portugal Capacity Utilization
- Portugal Capital Flows
- Portugal Car Production