Overall Exports and Imports for Portugal 2023
- The total value of exports (FOB) is US$ 83,625 million.
- The total value of imports (CIF) is US$ 113,691 million.
- At the HS6 digit level, 4,200 products are exported to 216 countries and 4,477 products are imported from 217 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Portugal along with trade value are:
- Portugal exported Petroleum oils, etc, (excl. crude); preparation , worth 4,387,996.21 (US$ Thousands).
- Portugal exported Automobiles with reciprocating piston engine di , worth 2,303,530.96 (US$ Thousands).
- Portugal exported Motor vehicle parts nes , worth 1,594,319.01 (US$ Thousands).
- Portugal exported New pneumatic tyres, of rubber of a kind used o , worth 1,457,929.58 (US$ Thousands).
- Portugal exported Speed indicators and tachometers; stroboscopes , worth 1,396,531.21 (US$ Thousands).
The top five imported HS 6 digit level products from world by Portugal along with trade value are
- Portugal imported Petroleum oils and oils obtained from bituminou , worth 5,925,094.57 (US$ Thousands).
- Portugal imported Petroleum oils, etc, (excl. crude); preparation , worth 3,359,379.16 (US$ Thousands).
- Portugal imported Automobiles nes including gas turbine powered , worth 3,012,343.78 (US$ Thousands).
- Portugal imported Other medicaments of mixed or unmixed products, , worth 2,262,108.63 (US$ Thousands).
- Portugal imported Motor vehicle parts nes , worth 1,699,409.79 (US$ Thousands).
Portugal top 5 Export and Import partners 2023
The top five countries to which Portugal exported 2023 along with the partner share in percentage are:
- Portugal exports to Spain worth US$ 21,529 million, with a partner share of 25.75 percent.
- Portugal exports to France worth US$ 10,943 million, with a partner share of 13.09 percent.
- Portugal exports to Germany worth US$ 8,952 million, with a partner share of 10.71 percent.
- Portugal exports to United States worth US$ 5,664 million, with a partner share of 6.77 percent.
- Portugal exports to United Kingdom worth US$ 3,939 million, with a partner share of 4.71 percent.
The top five countries to which Portugal imported goods 2023 along with the share in percentage are
- Portugal imports from Spain worth US$ 38,425 million, with a partner share of 33.80 percent.
- Portugal imports from Germany worth US$ 12,974 million, with a partner share of 11.41 percent.
- Portugal imports from France worth US$ 7,884 million, with a partner share of 6.93 percent.
- Portugal imports from Netherlands worth US$ 6,218 million, with a partner share of 5.47 percent.
- Portugal imports from Italy worth US$ 5,698 million, with a partner share of 5.01 percent.
Portugal Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Portugal Raw materials exports are worth US$ 6,325 million, product share of 7.56%.
- Portugal Raw materials imports are worth US$ 16,462 million, product share of 14.48%.
- Portugal Intermediate goods exports are worth US$ 17,868 million, product share of 21.37%.
- Portugal Intermediate goods imports are worth US$ 27,478 million, product share of 24.17%.
- Portugal Consumer goods exports are worth US$ 40,722 million, product share of 48.70%.
- Portugal Consumer goods imports are worth US$ 42,113 million, product share of 37.04%.
- Portugal Capital goods exports are worth US$ 18,568 million, product share of 22.20%.
- Portugal Capital goods imports are worth US$ 27,636 million, product share of 24.31%.
Portugal Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Portugal Country Growth is 1.17.
Portugal Service Trade data from WDI 2023
- Portugal, Service imports (BoP, current US$) is 25,919,543,511.04.
- Portugal, Service exports (BoP, current US$) is 57,575,503,002.64.
- Portugal, Imports of goods and services as percentage of GDP is 46.36 %.
- Portugal, Exports of goods and services as percentage of GDP is 47.51 %.