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

Portuguese trade deficit decreased by 23.8 percent to EUR 557 million in July 2016 from EUR 731 million a year earlier. It was the smallest trade gap since February last year, as exports dropped 4.6 percent, due to lower sales of fuels and lubricants (-23.7 percent) and industrial supplies (-8.4 percent); while imports fell at a much faster 7.2 percent, as purchases were lower mainly for fuels and lubricants (-34 percent) and industrial supplies (-9.2 percent). In the first seven months of the year, the trade deficit narrowed to EUR 5,562 million from EUR 5,787 in the same period of 2015. Balance of Trade in Portugal averaged -449.10 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
-557.44 -912.84 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-11 10:00 AM May €-937M €-731M € -860M
2016-08-09 10:00 AM Jun €-924M €-946M € -832.2M
2016-09-09 10:00 AM Jul €-557M €-913M € -896.1M
2016-10-10 10:05 AM Aug €-557M € -774.8M
2016-11-09 11:00 AM Sep € -765.3M
2016-12-09 11:00 AM Oct € -814.7M

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -557.44 -912.84 3.55 -2348.24 EUR Million [+]
Exports 4486.58 4483.36 4696.48 1.69 EUR Million [+]
Imports 5044.02 5396.20 5744.00 0.00 EUR Million [+]
Current Account 1017.63 -208.85 1039.08 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 397041.84 394360.90 421132.40 40002.00 EUR Million [+]
Capital Flows 1798.15 -225.94 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 43.45 315.23 6288.10 -3307.52 EUR Million [+]
Remittances 235.89 304.35 515.40 153.66 EUR Million [+]
Tourism Revenues 1022.11 1115.76 1621.42 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 4605108.00 3975321.00 4605108.00 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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Argentina 270.00 Jul/16
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Australia -2410.00 Jul/16
Austria 130.00 Jun/16
Azerbaijan 621706.00 Mar/16
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Belarus 32.40 Jul/16
Belgium 2544.10 Jul/16
Belize -132.80 Jul/16
Benin -191.61 Jun/16
Bhutan -26021.60 Dec/15
Bolivia -136.20 Apr/16
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Botswana 2651.40 Jun/16
Brazil 4140.00 Aug/16
Brunei 417.80 Jul/16
Bulgaria -29.90 Jul/16
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Chad 1166.10 Dec/11
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China 520.49 Aug/16
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Congo 1001.80 Dec/14
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Cuba -9578.00 Dec/15
Cyprus -304347.00 Jul/16
Czech Republic 24445.00 Jul/16
Denmark 8796.60 Jul/16
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Ecuador 204425.00 Jul/16
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Euro Area 25276.10 Jul/16
European Union 3763.70 Jul/16
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Germany 19500.00 Jul/16
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Indonesia 293.60 Aug/16
Iran 4258.00 Dec/15
Iraq 4397.00 Dec/15
Ireland 3526700.00 Jul/16
Israel -1899.30 Aug/16
Italy 7794.95 Jul/16
Ivory Coast 890.60 Dec/14
Jamaica -680800.00 Mar/16
Japan -18.71 Aug/16
Jordan -658173.00 Jun/16
Kazakhstan 1289.60 Jul/16
Kenya -79107.00 Jun/16
Kosovo -210544.00 Jul/16
Kuwait 402.00 Mar/16
Kyrgyzstan -291.40 Jun/16
Laos -594.89 Dec/15
Latvia -182.90 Jul/16
Lebanon -1258.95 Jun/16
Lesotho -3543.23 Mar/16
Liberia -99.90 May/16
Libya -17675.60 Dec/14
Liechtenstein 326579.00 Jun/16
Lithuania -178.60 Jul/16
Luxembourg -0.42 Jul/16
Macau -4867968.77 Jul/16
Macedonia -131493.00 Jul/16
Madagascar -306742.00 Jun/16
Malawi -31524.80 Sep/15
Malaysia 1907.37 Jul/16
Maldives -161.70 Jun/16
Mali -100.60 Mar/15
Malta -149432.00 Jul/16
Mauritania -79.64 Mar/16
Mauritius -8160.00 Jul/16
Mexico -1827.09 Jul/16
Moldova -148.40 Jul/16
Monaco -104.50 Jun/16
Mongolia 110.00 Aug/16
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Morocco -17306.00 Jul/16
Mozambique -1754.40 Dec/15
Myanmar -639.40 Dec/15
Namibia -6141.52 Mar/16
Nepal -77662.70 Mar/16
Netherlands 4821.00 Jul/16
New Caledonia -9890.65 Jun/16
New Zealand -1265.00 Aug/16
Nicaragua -223.90 Jun/16
Niger -441985.00 Sep/15
Nigeria -29398.00 Jun/16
North Korea -476.67 Dec/15
Norway 6763.00 Aug/16
Oman -45.20 Dec/15
Pakistan -279639.00 Aug/16
Palestine -310.20 Jul/16
Panama -918416.00 Jul/16
Papua New Guinea 3957.00 Dec/15
Paraguay -154825.00 Aug/17
Peru 484.00 Jul/16
Philippines -2053160.00 Jul/16
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Portugal -557.44 Jul/16
Puerto Rico 2091.50 Apr/16
Qatar 6694.00 Jul/16
Republic of the Congo 4092.35 Dec/10
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Russia 6490.00 Jul/16
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Saudi Arabia 16295.00 Mar/16
Senegal -159.34 Jul/16
Serbia -300.30 Jul/16
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Singapore 5592.00 Aug/16
Slovakia 60.00 Jul/16
Slovenia 99.78 Jul/16
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South Africa 5223.30 Jul/16
South Korea 5300.00 Aug/16
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Sweden 500.00 Jul/16
Switzerland 3024.63 Aug/16
Syria 9394.50 Dec/10
Taiwan 3984.83 Aug/16
Tajikistan -142.90 Jul/16
Tanzania -207.80 Jun/16
Thailand 2130.00 Aug/16
Togo -68.29 Dec/14
Trinidad and Tobago 258.50 Dec/15
Tunisia -1397.20 Aug/16
Turkey -4787.97 Jul/16
Turkmenistan 2181.97 Dec/15
Uganda -175.50 Jul/16
Ukraine -264.80 Aug/16
United Arab Emirates 328300.00 Dec/15
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Vietnam 573.00 Aug/16
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Zimbabwe -322.86 Mar/16