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

Portugal trade deficit increased by 40.6 percent year-on-year to EUR 713 million in February of 2016. Imports increased by 5.3 percent to EUR 4716 million, mainly due to higher purchases of industrial supplies (+4.4 percent), transport equipment (+21.9 percent), consumer goods (+9.9 percent), capital goods and accessories (+3.1 percent) and food and beverages (+2.2 percent). Exports went slightly up by 0.8 percent to EUR 4002 million as purchases of industrial supplies (+3.8 percent), consumer goods (+6.2 percent) and transport equipment (+6 percent). Considering the three months to February, Portuguese trade gap increased 15 percent from the same period a year earlier as exports declined 1.2 percent and imports increased 1.4 percent. Balance of Trade in Portugal averaged -446.58 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
-713.00 -660.00 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-10 11:00 AM Dec €-1128M €-704M € -775M
2016-03-11 11:00 AM Jan €-643M €-1128M € -945.6M
2016-04-08 10:00 AM Feb €-713M €-660M € -918.1M
2016-05-10 10:00 AM Mar €-713M € -753.2M
2016-06-09 10:05 AM Apr € -815.6M
2016-07-11 10:05 AM May € -822.3M

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -713.00 -660.00 3.55 -2348.24 EUR Million [+]
Exports 4002.00 3594.11 4696.48 1.69 EUR Million [+]
Imports 4716.00 4722.03 5744.00 0.00 EUR Million [+]
Current Account -424.80 -156.51 951.39 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 400018.02 40002.00 421132.40 40002.00 EUR Million [+]
Capital Flows -298.32 -317.41 1654.64 -2366.47 EUR Million [+]
Foreign Direct Investment 497.21 1013.16 6288.10 -3307.52 EUR Million [+]
Remittances 213.90 205.08 515.40 153.66 EUR Million [+]
Tourism Revenues 580.35 764.16 1609.78 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 1773584.00 1419177.00 4588856.00 88000.00 [+]
Terrorism Index 0.27 0.55 1.85 0.00 [+]




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Netherlands 3952.00 Feb/16
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