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Portugal flag Portugal:

Presentation of Portugal : Foreign trade

Imports of Goods
(million USD) :
77,600 (Source: WTO – World Trade Organisation, 2020)
Exports of Goods
(million USD) :
61,531 (Source: WTO – World Trade Organisation, 2020)
Imports of Services
(million USD) :
15,606 (Source: WTO – World Trade Organisation, 2020)
Exports of Services
(million USD) :
25,335 (Source: WTO – World Trade Organisation, 2020)
Trade Balance (million USD) :
-13,861 (Source: World Bank, 2020)
Foreign Trade
(in % of GDP) :
75.4 (Source: World Bank, 2020)
 

Main Partner Countries

Main Customers
(% of Exports)
2020
Spain 25.4%
France 13.6%
Germany 11.9%
United Kingdom 5.7%
United States 5.0%
See More Countries 38.5%
Main Suppliers
(% of Imports)
2020
Spain 32.4%
Germany 13.3%
France 7.5%
Netherlands 5.5%
Italy 5.2%
See More Countries 36.0%

Source: Comtrade, Latest Available Data

 
 

Main Products

61.5 bn USD of products exported in 2020
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 5.8%
Parts and accessories for tractors, motor vehicles...Parts and accessories for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705, n.e.s. 5.3%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 3.9%
Footwear with outer soles of rubber, plastics,...Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather (excl. orthopaedic footwear, skating boots with ice or roller skates attached, and toy footwear) 2.4%
Revolution counters, production counters,...Revolution counters, production counters, taximeters, milometers, pedometers and the like (excl. gas, liquid and electricity meters); speed indicators and tachometers (excl. those of heading 9014 and 9015); stroboscopes 1.9%
See More Products 80.8%
77.9 bn USD of products imported in 2020
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 5.0%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 5.0%
Parts and accessories for tractors, motor vehicles...Parts and accessories for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705, n.e.s. 3.7%
Medicaments consisting of mixed or unmixed...Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses incl. those in the form of transdermal administration or in forms or packings for retail sale (excl. goods of heading 3002, 3005 or 3006) 3.1%
Petroleum gas and other gaseous hydrocarbonsPetroleum gas and other gaseous hydrocarbons 1.9%
See More Products 81.5%

Source: Comtrade, Latest Available Data

 

Main Services

38.0 bn USD of services exported in 2018
52.92%
22.01%
13.70%
4.06%
2.47%
1.86%
0.94%
0.82%
0.48%
0.43%
0.32%
18.0 bn USD of services imported in 2018
30.06%
25.56%
24.15%
4.90%
4.82%
3.03%
2.77%
1.72%
1.56%
0.88%
0.56%

Source: Comtrade, Latest Available Data

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Latest Update: June 2022