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Portugal Trade Summary

2019

Portugal exports, imports, tariff by year.
Portugal monthly trade data
Portugal quarterly trade data

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 2019

Overall Exports and Imports for Portugal 2019

Exports and imports of Portugal in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 67,064 million.
  • The total value of imports (CIF) was 89,541 million.
  • At the HS6 digit level, 4,212 products were exported to 216 countries and 4,473 products were imported from 196 countries.

Portugal top 5 Export and Import partners 2019

Top five countries to which Portugal exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Portugal exports to Spain worth US$ 16,582 million, with a partner share of 24.73 percent.
  2. Portugal exports to France worth US$ 8,672 million, with a partner share of 12.93 percent.
  3. Portugal exports to Germany worth US$ 8,041 million, with a partner share of 11.99 percent.
  4. Portugal exports to United Kingdom worth US$ 4,063 million, with a partner share of 6.06 percent.
  5. Portugal exports to United States worth US$ 3,399 million, with a partner share of 5.07 percent.

Top five countries from which Portugal imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Portugal imports from Spain worth US$ 27,325 million, with a partner share of 30.52 percent.
  2. Portugal imports from Germany worth US$ 11,872 million, with a partner share of 13.26 percent.
  3. Portugal imports from France worth US$ 8,790 million, with a partner share of 9.82 percent.
  4. Portugal imports from Italy worth US$ 4,601 million, with a partner share of 5.14 percent.
  5. Portugal imports from Netherlands worth US$ 4,451 million, with a partner share of 4.97 percent.

Portugal Top 5 Productsexports imports at HS 6 digit level 2019

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$ 3,505,239.39 million.
  2. Portugal exported Automobiles with diesel engine displacing more , worth US$ 1,787,497.22 million.
  3. Portugal exported Automobiles with reciprocating piston engine di , worth US$ 1,691,405.07 million.
  4. Portugal exported Motor vehicle parts nes , worth US$ 1,495,228.00 million.
  5. Portugal exported Paper... (excl. mechanical fibres), weighing >= , worth US$ 1,282,510.95 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$ 5,437,114.69 million.
  2. Portugal imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 2,905,721.21 million.
  3. Portugal imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,065,975.89 million.
  4. Portugal imported Other medicaments of mixed or unmixed products, , worth US$ 1,886,112.65 million.
  5. Portugal imported Motor vehicle parts nes , worth US$ 1,539,371.87 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Portugal in 2019 are below

  • The maximum rate of tariff in percentage on any product was 154.55 percent.
  • The simple average tariff across all products was 2.79 percent.
  • The trade weighted average tariff was 1.73 .
  • The total duty free imports in thousands of US dollars were 14,353,674.95 and duty free tariff line items share was 51.59 percent.

Development Indicators 2019

Key Development Indicators of Portugal in 2019 are below

  • Portugal GDP in current US dollar was 239,987 million.
  • GNI per capita, Atlas method (current US$) was 23,200.00 .
  • Portugal Trade balance: as % of GDP was 0.45.
  • Trade balance in current US$ was 1,085.00 million.
  • Trade as percentage of GDP was 86.56 .
  • Trade in services as percentage of GDP was 24.94 .

Trade Indicators 2019

Trade Indicators for Portugal in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 14.71.
  • World Growth in percentage was -1.73 and Portugal Country Growth was -0.97 .