Portugal Trade Summary

2022 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): 82,560
No. Of products: 4,195
No. Of partners: 212
Importsmore »
Imports (in US$ Mil): 115,291
No. Of products: 4,465
No. Of partners: 214

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils, etc, ...5,675,993.87
Automobiles with rec ...2,247,179.34
Paper... (excl. mech ...1,770,199.95
Motor vehicle parts ...1,329,035.69
Speed indicators and ...1,322,267.88
Imports (US$ Thousands)
Petroleum oils and o ...7,755,299.15
Natural gas, liquefi ...3,966,023.95
Petroleum oils, etc, ...3,882,112.86
Electrical energy2,228,295.79
Other medicaments of ...2,135,966.63

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Spain21,653 26.23
France10,192 12.35
Germany8,953 10.84
United States5,340 6.47
United Kingdom4,044 4.90
Exporter Trade (US$ Mil) Partner share(%)
Spain36,818 31.93
Germany12,717 11.03
France7,032 6.10
China5,872 5.09
Netherlands5,788 5.02

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6,047 7.32 17,948 15.57 0.29
Intermediate goods19,859 24.05 30,331 26.31 1.61
Consumer goods39,837 48.25 41,283 35.81 1.62
Capital goods16,669 20.19 25,710 22.30 0.84

Trade Indicators

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HH Market concentration index: 0.08
Index of export market penetration: 15.11
World Growth: 5.18
Country Growth: 4.77

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): 175.99
Simple Average (%): 2.11
Weighted Average (%): 1.40
Duty Free Imports (US$ Thousand): 24,276,100.80
Duty Free Tariff Lines Share (%): 66.77

Development Indicators

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GDP (current US$): 251,945
GNI per capita, Atlas method (current US$): 25,800.00
Trade Balance (% of GDP): -2.54
Trade Balance (current US$ Mil): -6,398.00
Trade in services (% of GDP): 28.04
Trade (% of GDP): 102.64