Portugal Balance of Trade  1950-2016 | Data | Chart | Calendar | Forecast

The trade gap in Portugal went up to € 1128 million in December of 2015 compared to a € 1056 shortfall a year earlier, the wider deficit since September of 2014 and the highest for a December month since 2011. Exports went down 2.8 percent year-on-year to € 3594 million in December, following a 4.7 percent rise in November. Imports shrank 0.7 percent to € 4722 million, following a 1.6 percent increase in the previous month. Excluding fuels and lubricants, exports grew 5 percent and imports declined at a slower 0.4 percent. Considering the fourth quarter of the year, sales declined 0.2 percent while imports grew 0.9 percent over a year earlier. The trade gap narrowed by € 120.1 million to € 2629 million. For full 2015, exports increased 3.6 percent, higher than a 1.7 percent gain in 2014 and imports went up 1.9 percent, lower than 3.4 percent in 2014. As a result, the trade deficit narrowed by €570 million to € 10302 million. Balance of Trade in Portugal averaged -445.67 EUR Million from 1950 until 2015, reaching an all time high of 3.55 EUR Million in May of 1955 and a record low of -2348.24 EUR Million in June of 2010. Balance of Trade in Portugal is reported by the Statistics Portugal.

Portugal Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-1128.00 -695.28 3.55 -2348.24 1950 - 2015 EUR Million Monthly
Portugal major exports are: clothing and footwear, machinery, chemicals, cork and paper products, hides, tungsten and wine. Portugal imports mostly machinery and transport equipment, chemicals, petroleum, textiles and agricultural products. European Union is by far its largest trading partner accounting for about 72% of total trade. This page provides - Portugal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-10 11:00 AM Oct €-773M €-1067M € -963.8M
2016-01-08 11:00 AM Nov €-695M €-768M € -876.4M
2016-02-10 11:00 AM Dec €-1128M €-704M € -775M
2016-03-11 11:00 AM Jan €-1128M € -945.6M
2016-04-08 10:10 AM Feb € -968.9M
2016-05-11 10:00 AM Mar € -899.9M

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1128.00 -695.28 3.55 -2348.24 EUR Million [+]
Exports 3594.11 4312.71 4696.48 1.69 EUR Million [+]
Imports 4722.03 5017.07 5744.00 0.00 EUR Million [+]
Current Account -49.08 448.15 930.14 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 40002.00 407142.96 421132.40 40002.00 EUR Million [+]
Capital Flows 621.63 1208.11 1637.02 -2366.47 EUR Million [+]
Foreign Direct Investment -922.88 -14.77 6288.10 -3307.52 EUR Million [+]
Remittances 280.55 265.43 515.40 153.66 EUR Million [+]
Tourism Revenues 682.71 1075.73 1609.78 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 1739688.00 3499630.00 4588856.00 88000.00 [+]
Terrorism Index 0.27 0.55 1.85 0.00 [+]




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