Portugal Balance of Trade  1950-2017 | Data | Chart | Calendar | Forecast

The Portuguese trade deficit increased to €1374 million in December 2016 from €1193 million in the same month a year earlier. It was the biggest trade gap since May 2011 as imports jumped 12.6 percent to €5.44 billion, boosted by higher purchases of fuels and lubricants (40.1 percent), the first rise in over a year; transport equipment and parts (27.3 percent); and capital goods (15.6 percent). Imports rose from Germany (17.2 percent), France (15.4 percent) and Italy (4 percent), but declined from Spain (-1 percent). Exports rose 11.8 percent to €4.06 billion, due to higher sales of fuels and lubricants (55.9 percent), industrial supplies (8.3 percent) and transport equipment and parts (19.7 percent). Among trading partners, exports rose mainly to Spain (8.7 percent), Germany (14.8 percent) and the US (27.8 percent). Considering the year 2016 as a whole, the trade deficit widened to €10.77 billion from €10.49 billion in 2015. Balance of Trade in Portugal averaged -452.78 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.

Portugal Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-09 11:00 AM Oct €-870M €-927M €-736.1M
2017-01-09 11:00 AM Nov €-791M €-862M
2017-02-09 11:00 AM Dec €-1374M €-799M €-992M
2017-03-13 11:00 AM Jan €-1374M
2017-04-07 10:00 AM Feb
2017-05-10 10:00 AM Mar




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1373.50 -799.22 3.55 -2348.24 EUR Million [+]
Exports 4062.13 4672.24 4696.48 1.69 EUR Million [+]
Imports 5435.63 5471.46 5744.00 0.00 EUR Million [+]
Current Account -152.32 814.95 1053.93 -2590.60 EUR Million [+]
Current Account to GDP 0.70 1.40 3.10 -14.70 percent [+]
External Debt 396247.94 397041.84 421132.40 56392.07 EUR Million [+]
Capital Flows 125.52 1453.30 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 279.85 70.56 6288.10 -3307.52 EUR Million [+]
Remittances 238.08 229.53 515.40 153.66 EUR Million [+]
Tourism Revenues 812.89 1271.88 1763.55 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Tourist Arrivals 1596320.00 2090060.00 4990469.00 88000.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]



Portugal Balance of Trade Notes

In 2016, Portugal major exports were motor vehicles, trailers and semi-trailers; and major imports were chemicals. The largest trade deficits were recorded with Spain, Germany, Italy and the Netherlands, while the biggest trade surpluses were recorded with the United Kingdom, the United States, France and Angola. 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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1373.50 -799.22 3.55 -2348.24 1950 - 2016 EUR Million Monthly



Last
Afghanistan -7159.00 Dec/15
Albania -15870.70 Jan/17
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina 65.00 Dec/16
Armenia -169.70 Dec/16
Aruba -465.10 Sep/16
Australia 3511.00 Dec/16
Austria -284.00 Nov/16
Azerbaijan 981353.00 Sep/16
Bahamas -517.60 Sep/16
Bahrain 312.40 Dec/15
Bangladesh -113.51 Nov/16
Barbados -181864.00 Jun/16
Belarus -493.30 Dec/16
Belgium 1837.10 Dec/16
Belize -156.00 Dec/16
Benin -278.15 Sep/16
Bhutan -35828.70 Dec/16
Bolivia -116.89 Sep/16
Bosnia and Herzegovina -609171.99 Dec/16
Botswana 1541.10 Nov/16
Brazil 2724.00 Jan/17
Brunei 296.10 Nov/16
Bulgaria -408.10 Dec/16
Burkina Faso -86.40 Mar/16
Burundi -118434.20 Aug/16
Cambodia -554.50 Sep/16
Cameroon -1189.42 Dec/14
Canada 922.80 Dec/16
Cape Verde -5560.90 Nov/16
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 719.92 Jan/17
China 513.50 Jan/17
Colombia -0.67 Dec/16
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -530.90 Dec/16
Croatia -4663.06 Dec/16
Cuba -9578.00 Dec/15
Cyprus -407621.00 Dec/16
Czech Republic 21481.00 Dec/16
Denmark 3788.10 Dec/16
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador 15100.00 Dec/16
Egypt -2392.00 Nov/16
El Salvador -424.16 Dec/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -170.31 Dec/16
Ethiopia -3565.10 Sep/16
Euro Area 28142.20 Dec/16
European Union 20885.30 Dec/16
Fiji -204403.00 Sep/16
Finland -530.00 Dec/16
France -3421.00 Dec/16
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -297.60 Jan/17
Germany 18700.00 Dec/16
Ghana -452.40 Sep/16
Greece -1566.60 Dec/16
Guatemala -488.00 Dec/16
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -490.00 Nov/16
Hong Kong -45477.00 Dec/16
Hungary 173000.00 Dec/16
Iceland -6700.00 Jan/17
India -9840.90 Jan/17
Indonesia 1395.80 Jan/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 4017900.00 Dec/16
Israel -705.40 Jan/17
Italy 5797.75 Dec/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan -1086.90 Jan/17
Jordan -791300.00 Nov/16
Kazakhstan 1443.10 Dec/16
Kenya -79843.00 Nov/16
Kosovo -247031.00 Dec/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -114.40 Dec/16
Laos -339.15 Jun/16
Latvia -240.10 Dec/16
Lebanon -1292.24 Dec/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -238.00 Dec/16
Luxembourg -0.44 Nov/16
Macau -6002747.00 Dec/16
Macedonia -201662.00 Dec/16
Madagascar 20810.00 Dec/16
Malawi -53950.00 Mar/16
Malaysia 8720.00 Dec/16
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -151832.00 Dec/16
Mauritania -79.64 Mar/16
Mauritius -8944.00 Nov/16
Mexico 28.00 Dec/16
Moldova -197.50 Dec/16
Monaco -104.50 Jun/16
Mongolia 151.40 Jan/17
Montenegro -140962.00 Dec/16
Morocco -16689.00 Dec/16
Mozambique -434.30 Sep/16
Myanmar -303.20 May/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5494.00 Dec/16
New Caledonia -7307.00 Oct/16
New Zealand -41.38 Dec/16
Nicaragua -294.50 Nov/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 25045.75 Jan/17
Oman 90.00 Sep/16
Pakistan -309673.00 Jan/17
Palestine -387.80 Nov/16
Panama -1009640.52 Dec/16
Papua New Guinea 3223.00 Jun/16
Paraguay -209595.00 Jan/17
Peru 1023.00 Dec/16
Philippines -2564000.00 Dec/16
Poland -151.00 Dec/16
Portugal -1373.50 Dec/16
Puerto Rico 2204.40 Nov/16
Qatar 10746.00 Dec/16
Republic of the Congo 4092.35 Dec/10
Romania -1185.40 Dec/16
Russia 11834.00 Dec/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 73133.00 Sep/16
Senegal -96.90 Dec/16
Serbia -514.40 Dec/16
Seychelles -38.40 Dec/16
Sierra Leone -52.89 Jun/16
Singapore 3287.37 Jan/17
Slovakia -120.00 Dec/16
Slovenia 18.80 Dec/16
Somalia -1473.48 Dec/15
South Africa 12036.48 Dec/16
South Korea 3200.00 Jan/17
South Sudan -104.70 Dec/15
Spain -1246304.00 Nov/16
Sri Lanka -957.00 Dec/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland -320.72 Jun/16
Sweden 1000.00 Dec/16
Switzerland 2716.34 Dec/16
Syria 9394.50 Dec/10
Taiwan 3494.92 Jan/17
Tajikistan -196.00 Dec/16
Tanzania -26.00 Nov/16
Thailand 940.00 Dec/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -1221.80 Jan/17
Turkey -5598.00 Dec/16
Turkmenistan 2181.97 Dec/15
Uganda -143.40 Dec/16
Ukraine -561.70 Dec/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -3304.00 Dec/16
United States -44262.00 Dec/16
Uruguay -127557.00 Dec/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 1150.00 Jan/17
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16