Portugal 2007 revised trade deficit widens to 19.47 bln eur vs 18.59 bln - INE

LISBON (Thomson Financial) - Portugal's revised global trade deficit widened to 19.47 billion euros in the 12 months to December from 18.59 billion euros a year earlier, as an 8.8 percent rise in exports failed to offset a 7.4 percent rise in imports, the INE statistics institute said.

In a statement, INE said it has revised the figures it published last month, which showed the trade deficit widening to 19.3 billion euros, due to updated and corrected data supplied by companies regarding their international trade activities.