Portugal Trade Summary

2021 Data

Portugal exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 75,243
No. Of products: 4,215
No. Of partners: 215
Importsmore »
Imports (in US$ Mil): 98,337
No. Of products: 4,475
No. Of partners: 206

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...3,433,308.48
Automobiles with rec ...2,068,698.20
Motor vehicle parts ...1,326,355.59
Paper... (excl. mech ...1,273,837.20
New pneumatic tyres, ...1,178,260.59
Imports (US$ Thousands)
Petroleum oils and o ...4,782,866.56
Petroleum oils, etc, ...2,471,798.24
Other medicaments of ...2,027,340.62
Natural gas, liquefi ...1,686,267.96
Motor vehicle parts ...1,528,364.53

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Spain20,126 26.75
France9,868 13.11
Germany8,293 11.02
United States4,195 5.58
United Kingdom3,910 5.20
Exporter Trade (US$ Mil) Partner share(%)
Spain32,289 32.83
Germany12,211 12.42
France6,594 6.71
Netherlands5,245 5.33
Italy5,064 5.15

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,752 7.65 13,697 13.93 0.66
Intermediate goods17,921 23.82 26,950 27.41 1.59
Consumer goods35,881 47.69 34,037 34.61 2.34
Capital goods15,607 20.74 23,635 24.04 0.70

Trade Indicators

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HH Market concentration index: 0.08
Index of export market penetration: 15.43
World Growth: 12.50
Country Growth: 10.38

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 158.96
Simple Average (%): 2.22
Weighted Average (%): 1.80
Duty Free Imports (US$ Thousand): 17,938,931.46
Duty Free Tariff Lines Share (%): 61.54

Development Indicators

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GDP (current US$): 253,983
GNI per capita, Atlas method (current US$): 23,880.00
Trade Balance (% of GDP): -2.85
Trade Balance (current US$ Mil): -7,245.00
Trade in services (% of GDP): 20.57
Trade (% of GDP): 86.12