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Portugal Trade Summary

2008

Portugal exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PORTUGAL 2008

Overall Exports and Imports for Portugal 2008

Exports and imports of Portugal in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 57,246 million.
  • The total value of imports (CIF) was 94,554 million.
  • At the HS6 digit level, 4,101 products were exported to 207 countries and 4,535 products were imported from 188 countries.

Portugal top 5 Export and Import partners 2008

Top five countries to which Portugal exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Portugal exports to Spain worth US$ 15,900 million, with a partner share of 27.77 percent.
  2. Portugal exports to Germany worth US$ 7,201 million, with a partner share of 12.58 percent.
  3. Portugal exports to France worth US$ 6,721 million, with a partner share of 11.74 percent.
  4. Portugal exports to Angola worth US$ 3,326 million, with a partner share of 5.81 percent.
  5. Portugal exports to United Kingdom worth US$ 3,106 million, with a partner share of 5.43 percent.

Top five countries from which Portugal imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Portugal imports from Spain worth US$ 29,095 million, with a partner share of 30.77 percent.
  2. Portugal imports from Germany worth US$ 12,622 million, with a partner share of 13.35 percent.
  3. Portugal imports from France worth US$ 7,633 million, with a partner share of 8.07 percent.
  4. Portugal imports from Italy worth US$ 5,075 million, with a partner share of 5.37 percent.
  5. Portugal imports from Netherlands worth US$ 4,421 million, with a partner share of 4.68 percent.

Portugal Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by Portugal along with trade value are:

  1. Portugal exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,546,785.05 million.
  2. Portugal exported Monolithic integrated circuits, digital , worth US$ 1,810,391.33 million.
  3. Portugal exported Automobiles with reciprocating piston engine di , worth US$ 1,361,889.34 million.
  4. Portugal exported Motor vehicle parts nes , worth US$ 1,305,168.45 million.
  5. Portugal exported Automobiles with diesel engine displacing more , worth US$ 1,181,562.54 million.

The top five imported HS 6 digit level products from world by Portugal along with trade value are

  1. Portugal imported Petroleum oils and oils obtained from bituminou , worth US$ 8,877,422.67 million.
  2. Portugal imported Automobiles with diesel engine displacing more , worth US$ 2,637,004.46 million.
  3. Portugal imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,221,690.97 million.
  4. Portugal imported Other medicaments of mixed or unmixed products, , worth US$ 2,166,834.58 million.
  5. Portugal imported Monolithic integrated circuits, nes , worth US$ 1,480,675.91 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Portugal in 2008 are below

  • The maximum rate of tariff in percentage on any product was 188.13 percent.
  • The simple average tariff across all products was 2.61 percent.
  • The trade weighted average tariff was 2.36 .
  • The total duty free imports in thousands of US dollars were 18,358,451.90 and duty free tariff line items share was 57.83 percent.

Development Indicators 2008

Key Development Indicators of Portugal in 2008 are below

  • Portugal GDP in current US dollar was 263,416 million.
  • GNI per capita, Atlas method (current US$) was 22,640.00 .
  • Portugal Trade balance: as % of GDP was -9.55.
  • Trade balance in current US$ was -25,166.00 million.
  • Trade as percentage of GDP was 72.08 .
  • Trade in services as percentage of GDP was 15.93 .

Trade Indicators 2008

Trade Indicators for Portugal in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 10.65.
  • World Growth in percentage was 7.43 and Portugal Country Growth was 1.88 .