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

Portuguese trade deficit increased by 7.9 percent to EUR 924 million in June 2016 from EUR 856 million a year earlier as exports fell at a faster pace than imports. Exports dropped 2 percent, due to lower sales of fuels and lubricants (-27.4 percent) and industrial supplies (-2.9 percent). Imports fell 0.4 percent, as purchases were lower mainly for fuels and lubricants (-26.2 percent), machinery (-3.9 percent) and industrial supplies (-3.3 percent). In the first half of the year, the trade deficit widened to EUR 5,016 million from EUR 4,990 in the same period of 2015. Balance of Trade in Portugal averaged -448.96 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
-923.50 -946.10 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €-924M €-946M € -832.2M
2016-09-09 10:00 AM Jul €-924M € -896.1M
2016-10-10 10:05 AM Aug € -883.1M
2016-11-09 11:00 AM Sep € -876.2M

Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -923.50 -946.10 3.55 -2348.24 EUR Million [+]
Exports 4464.64 4204.36 4696.48 1.69 EUR Million [+]
Imports 5388.14 5150.46 5744.00 0.00 EUR Million [+]
Current Account -208.85 -927.90 1039.08 -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 -225.94 -512.62 1738.54 -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 1022.11 1115.76 1621.42 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 3975321.00 3898631.00 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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