Portugal Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Portugal monthly trade data
Portugal quarterly trade data

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For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Portugal

2020

Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.08
Index of export market penetration13.51
World Growth-3.91
Country Growth-4.72

Service Indicators 2020

Service imports (BoP, current US$)15,752,688,540.58
Service exports (BoP, current US$)25,583,576,900.77
Imports of goods and services (% of GDP)38.67
Exports of goods and services (% of GDP)36.70

Portugal 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

Portugal 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

Top 5 Products exports imports at HS 6 digit level

Exports
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
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

Tariff and Trade Barriers for Portugal

Tariffs 2020

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

Overall Trade Restrictiveness Index (OTRI)

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All21.80

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
Population10,281,762
GDP (current US$ Mil)231,256
GNI per capita, Atlas method (current US$)22,000.00
Trade Balance (current US$ Mil)-4,552.00
Trade Balance (% of GDP)-1.97

Doing Business

2019 Doing Business »
Ease of Doing Business Rank39
Trading Across Borders Rank1

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score3.41
LPI Rank36