The continuing sale of gold is responsible for an increase in exports of nearly 10% in 2012, according to data from the National Statistics Institute (INE).
Portugal exported €26.9 billion in goods in the first seven months of 2012, an increase of 8.9% (more than €2 billion) compared to the same period of 2011. The country exported €455 million in gold alone in the first seven months of the year, a rise of over 75% (€201 million) compared to the same period in 2011.
