National companies expect a 5.1% increase in exports this year in the name of machinery and food and beverages, according to a survey by the National Statistics Office (INE).
These perspectives represent an emphasis on “the growth trajectory observed in our international commodity trade data over the cumulative period from January to November 2025, where exports will grow by 0.6%,” according to INE, in a note published today.
In both groups of goods, the largest growth is expected in the export of machinery, other capital goods (+12.2%) and food and beverages (+8.1%).
It is worth noting that expectations vary across sectors, with some anticipating restrictions that “may limit the development of its export activity”, commonly known as US tariffs.
There is no doubt that the size of the interviewed companies is not respected, more significant growth expectations are directed towards medium-sized companies, after larger ones.
This survey was conducted in November 2025 and the results “must be interpreted as indicative of trends”, according to INE, the high level of uncertainty associated with the development of the international economic context.
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