Portugal Trade Summary

2020 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): 61,491
No. Of products: 4,171
No. Of partners: 215
Importsmore »
Imports (in US$ Mil): 77,883
No. Of products: 4,446
No. Of partners: 197

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...2,371,764.19
Automobiles with rec ...1,544,757.43
Motor vehicle parts ...1,342,070.81
Automobiles with die ...1,087,393.20
Speed indicators and ...1,037,543.33
Imports (US$ Thousands)
Petroleum oils and o ...3,870,143.18
Other medicaments of ...2,074,844.69
Motor vehicle parts ...1,374,749.20
Transmission apparat ...1,083,499.37
Natural gas, liquefi ...1,081,935.85

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Spain15,598 25.37
France8,351 13.58
Germany7,296 11.87
United Kingdom3,503 5.70
United States3,055 4.97
Exporter Trade (US$ Mil) Partner share(%)
Spain25,246 32.42
Germany10,386 13.34
France5,813 7.46
Netherlands4,305 5.53
Italy4,059 5.21

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials4,530 7.37 11,414 14.66 0.25
Intermediate goods13,294 21.62 17,998 23.11 1.88
Consumer goods29,619 48.17 28,164 36.16 2.54
Capital goods13,982 22.74 20,237 25.98 0.71

Trade Indicators

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HH Market concentration index: 0.08
Index of export market penetration: 13.51
World Growth: -3.91
Country Growth: -4.72

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 74.90
Simple Average (%): 2.20
Weighted Average (%): 1.35
Duty Free Imports (US$ Thousand): 11,962,661.57
Duty Free Tariff Lines Share (%): 57.94

Development Indicators

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GDP (current US$): 231,256
GNI per capita, Atlas method (current US$): 22,000.00
Trade Balance (% of GDP): -1.97
Trade Balance (current US$ Mil): -4,552.00
Trade in services (% of GDP): 17.87
Trade (% of GDP): 75.37