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

Trade deficit in Portugal narrowed by 14.9 percent year-on-year to EUR 937 million in May of 2016 as imports fell at a faster pace than exports. Imports dropped 3.6 percent to EUR 5158 million due to lower purchases of fuels and lubricants (-52.9 percent) while main increases were recorded for transport equipment and parts (+12.3 percent), consumer goods (+12.8 percent) and machinery (+10.8 percent). Exports contracted 0.7 percent to EUR 4221 million as sales were lower mainly for industrial supplies (-1.7 percent), while main increases were recorded for shipments of consumer goods (+3.6 percent), transport equipment and parts (+3.6 percent) and machinery (+9.8 percent). In April the trade gap was recorded at EUR 731 million. Balance of Trade in Portugal averaged -448.35 EUR Million from 1950 until 2016, 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
-937.00 -731.00 3.55 -2348.24 1950 - 2016 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-10 10:00 AM Mar €-1040M €-687M € -753.2M
2016-06-09 10:00 AM Apr €-708M €-1046M € -907.4M
2016-07-11 10:00 AM May €-937M €-731M € -860M
2016-08-09 10:00 AM Jun €-937M € -832.2M
2016-09-09 10:00 AM Jul € -864.6M
2016-10-10 10:05 AM Aug € -851.7M

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -937.00 -731.00 3.55 -2348.24 EUR Million [+]
Exports 4221.00 4145.00 4696.48 1.69 EUR Million [+]
Imports 5158.00 4876.00 5744.00 0.00 EUR Million [+]
Current Account -939.02 -11.73 951.39 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 394360.90 400018.02 421132.40 40002.00 EUR Million [+]
Capital Flows -1270.40 535.56 1654.64 -2366.47 EUR Million [+]
Foreign Direct Investment 540.98 192.32 6288.10 -3307.52 EUR Million [+]
Remittances 219.07 281.55 515.40 153.66 EUR Million [+]
Tourism Revenues 1115.72 889.90 1609.78 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 3898631.00 3037579.00 4588856.00 88000.00 [+]
Terrorism Index 0.27 0.55 1.85 0.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]




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Afghanistan -7159.00 Dec/15
Albania -28379.00 Jun/16
Algeria -1308.00 Dec/15
Angola 3002.24 Dec/15
Argentina 126.00 Jun/16
Armenia -100.70 Jun/16
Aruba -520.80 Dec/15
Australia -2218.00 May/16
Austria 239.00 Apr/16
Azerbaijan 621706.00 Mar/16
Bahamas -514.90 Dec/15
Bahrain 1513.00 Dec/15
Bangladesh -66.65 Apr/16
Barbados -254822.00 Dec/15
Belarus -235.00 May/16
Belgium 2040.60 May/16
Belize -131.30 Apr/16
Benin -164.32 Mar/16
Bhutan -26021.60 Dec/15
Bolivia -109.57 Feb/16
Bosnia and Herzegovina -655560.43 Jun/16
Botswana 3307.90 Apr/16
Brazil 3973.00 Jun/16
Brunei 190.90 May/16
Bulgaria -312.60 May/16
Burkina Faso -49.00 Sep/14
Burundi -76937.10 Mar/16
Cambodia -109.60 Feb/16
Cameroon -1054.40 Dec/13
Canada -3276.80 May/16
Cape Verde -4397.50 May/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile -33.00 Jun/16
China 481.08 Jun/16
Colombia -0.90 May/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -511.70 Jun/16
Croatia -4146.70 May/16
Cuba -9578.00 Dec/15
Cyprus -876144.00 May/16
Czech Republic 41538.00 May/16
Denmark 5481.90 May/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -38853.09 May/16
Ecuador 305020.00 May/16
Egypt -2866.00 May/16
El Salvador -411.97 Jun/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -158.60 May/16
Ethiopia -3557.70 Dec/15
Euro Area 24559.40 May/16
European Union 6351.70 May/16
Fiji -262673.00 Dec/15
Finland -100.00 May/16
France -2840.00 May/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -1297.15 Jun/16
Germany 21033.00 May/16
Ghana -773.70 Mar/16
Greece -1508.70 May/16
Guatemala -499.04 Apr/16
Guinea -103.83 Jun/13
Guinea Bissau -23.80 Dec/14
Guyana -77.30 Sep/15
Haiti -179.27 Sep/15
Honduras -372.50 Mar/16
Hong Kong -45595.00 Jun/16
Hungary 238000.00 May/16
Iceland -12300.00 Jun/16
India -8116.20 Jun/16
Indonesia 900.20 Jun/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 3961700.00 May/16
Israel -1459.60 Jun/16
Italy 5033.00 May/16
Ivory Coast 890.60 Dec/14
Jamaica -761100.00 Dec/15
Japan 692.84 Jun/16
Jordan -762247.00 Apr/16
Kazakhstan 681.90 May/16
Kenya -66307.00 May/16
Kosovo -216894.00 Jun/16
Kuwait 402.00 Mar/16
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -160.50 May/16
Lebanon -1392.84 May/16
Lesotho -3543.23 Mar/16
Liberia -79.80 Apr/16
Libya -17675.60 Dec/14
Liechtenstein 371580.00 Mar/16
Lithuania -272.50 May/16
Luxembourg -0.39 May/16
Macau -4888852.71 Jun/16
Macedonia -209476.00 May/16
Madagascar 101517.00 Mar/16
Malawi -31524.80 Sep/15
Malaysia 3300.00 May/16
Maldives -165.70 Apr/16
Mali -100.60 Mar/15
Malta -256269.00 May/16
Mauritania -24.89 Dec/15
Mauritius -6912.00 May/16
Mexico -523.64 Jun/16
Moldova -175.00 May/16
Monaco 7.80 Mar/16
Mongolia 118.00 May/16
Montenegro -167262.00 Jun/16
Morocco -16665.00 Jun/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -58541.90 Dec/15
Netherlands 4339.00 May/16
New Caledonia -11870.00 Mar/16
New Zealand 127.00 Jun/16
Nicaragua -195.00 Apr/16
Niger -441985.00 Sep/15
Nigeria -171309.90 Mar/16
North Korea -476.67 Dec/15
Norway 6971.00 Jun/16
Oman -45.20 Dec/15
Pakistan -294469.00 Jun/16
Palestine -326.70 Mar/16
Panama -971892.17 May/16
Papua New Guinea 3957.00 Dec/15
Paraguay 54678.00 May/16
Peru 65.00 May/16
Philippines -2021440.00 May/16
Poland 127.00 May/16
Portugal -937.00 May/16
Puerto Rico 2091.50 Apr/16
Qatar 8329.00 Jun/16
Republic of the Congo 4092.35 Dec/10
Romania -979.70 May/16
Russia 7530.00 May/16
Rwanda -142.60 May/16
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 22467.00 Dec/15
Senegal -107.41 May/16
Serbia -464.50 Jun/16
Seychelles -49.80 May/16
Sierra Leone -33.70 Dec/15
Singapore 5194.70 Jun/16
Slovakia 427.30 May/16
Slovenia 73.02 May/16
Somalia -1473.48 Dec/15
South Africa 12530.50 Jun/16
South Korea 11497.44 Jun/16
South Sudan -3492.00 Dec/14
Spain -940900.00 May/16
Sri Lanka -620.70 Mar/16
Sudan -489010.00 Mar/16
Suriname -23.00 Mar/16
Swaziland 1217.38 Dec/15
Sweden 1800.00 Jun/16
Switzerland 3546.46 Jun/16
Syria 9394.50 Dec/10
Taiwan 3580.00 Jun/16
Tajikistan -235.60 May/16
Tanzania -223.30 Apr/16
Thailand 1970.00 Jun/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -898.60 Jun/16
Turkey -6559.00 Jun/16
Turkmenistan 2431.94 Dec/14
Uganda -161.60 May/16
Ukraine 186.70 May/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -2263.00 May/16
United States -41144.00 May/16
Uruguay 285352.00 Jun/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -100.00 Jul/16
Yemen -2914.30 Dec/13
Zambia -751.30 Apr/16
Zimbabwe -322.86 Mar/16