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

The Portuguese trade deficit increased to €791 million in November 2016 from €700 million in the same month a year earlier. Exports rose 7.6 percent to €4.66 billion, mainly boosted by higher sales of food and beverages (+14.4 percent) and capital goods (+12.4 percent). Among trading partners, exports rose to Spain (+8.7 percent), Germany (+5.6 percent) and Angola (+16.8 percent), but fell to the Netherlands (-10.6 percent) and the US (-3.6 percent). Imports jumped 8.4 percent to €5.45 billion, as purchases rose for transport equipment and parts (+13.8 percent), consumer goods (+11.8 percent) and capital goods (+11 percent); while imports of fuels and lubricants dropped 7.1 percent. Imports rose from Spain (+9.2 percent) and Germany (+17.6 percent), but declined from the US (-10.4 percent), the UK (-1.2 percent) and Angola (-0.8 percent). In the first eleven months of the year, the trade deficit widened to €9.36 billion from €9.29 billion in the same period of 2015. Balance of Trade in Portugal averaged -451.59 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)
2016-11-09 11:00 AM Sep €-921M €-1156M € -980.8M
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 €-791M
2017-03-13 11:00 AM Jan
2017-04-07 10:00 AM Feb




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -790.68 -862.28 3.55 -2348.24 EUR Million [+]
Exports 4663.00 4365.69 4696.48 1.69 EUR Million [+]
Imports 5453.68 5227.96 5744.00 0.00 EUR Million [+]
Current Account 814.95 212.57 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 1453.30 215.69 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 70.56 -168.07 6288.10 -3307.52 EUR Million [+]
Remittances 229.50 268.70 515.40 153.66 EUR Million [+]
Tourism Revenues 1763.55 1572.57 1763.55 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Tourist Arrivals 2090060.00 3906205.00 4990469.00 88000.00 [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Weapons Sales 7.00 18.00 101.00 1.00 USD Million [+]



Portugal Balance of Trade Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-790.68 -862.28 3.55 -2348.24 1950 - 2016 EUR Million Monthly



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Angola 4470.03 Jun/16
Argentina 100.00 Nov/16
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Australia 1243.00 Nov/16
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Brazil 4415.00 Dec/16
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Cuba -9578.00 Dec/15
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Czech Republic 37502.29 Nov/16
Denmark 5123.30 Nov/16
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Equatorial Guinea 2723.70 Dec/10
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Gabon 3711.95 Dec/13
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Germany 22618.00 Nov/16
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Guinea 32.97 Sep/16
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Iraq 4397.00 Dec/15
Ireland 5090600.00 Oct/16
Israel -1442.80 Dec/16
Italy 4299.23 Oct/16
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 153.00 Nov/16
Jordan -746551.00 Oct/16
Kazakhstan 1297.60 Nov/16
Kenya -73063.30 Oct/16
Kosovo -202700.00 Nov/16
Kuwait 1422.20 Sep/16
Kyrgyzstan -206.70 Oct/16
Laos -339.15 Jun/16
Latvia -122.10 Nov/16
Lebanon -1222.52 Oct/16
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 327117.00 Sep/16
Lithuania -26.10 Nov/16
Luxembourg -0.80 Oct/16
Macau -6026970.00 Nov/16
Macedonia -186849.00 Nov/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
Malaysia 9030.00 Nov/16
Maldives -157.50 Sep/16
Mali -226.10 Sep/15
Malta -102800.00 Nov/16
Mauritania -79.64 Mar/16
Mauritius -8218.00 Oct/16
Mexico 200.00 Nov/16
Moldova -135.80 Nov/16
Monaco -104.50 Jun/16
Mongolia 239.30 Nov/16
Montenegro -132470.00 Nov/16
Morocco -13866.00 Nov/16
Mozambique -434.30 Sep/16
Myanmar -181.40 Apr/16
Namibia -6654.37 Sep/16
Nepal -80884.00 Jun/16
Netherlands 5544.00 Nov/16
New Caledonia -7307.00 Oct/16
New Zealand -704.62 Nov/16
Nicaragua -212.90 Sep/16
Niger -108402.00 Sep/16
Nigeria -27238.30 Sep/16
North Korea -476.67 Dec/15
Norway 23279.00 Dec/16
Oman 119.20 Jul/16
Pakistan -289139.00 Dec/16
Palestine -320.60 Oct/16
Panama -1032188.00 Oct/16
Papua New Guinea 3223.00 Jun/16
Paraguay -453352.00 Dec/16
Peru 279.00 Nov/16
Philippines -2566000.00 Nov/16
Poland 102.00 Nov/16
Portugal -790.68 Nov/16
Puerto Rico 2801.60 Oct/16
Qatar 9630.00 Nov/16
Republic of the Congo 4092.35 Dec/10
Romania -865.50 Nov/16
Russia 9137.00 Nov/16
Rwanda -116.57 Nov/16
Sao Tome and Principe -29.78 Sep/16
Saudi Arabia 73133.00 Sep/16
Senegal -201.40 Nov/16
Serbia -320.40 Nov/16
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Sierra Leone -52.89 Jun/16
Singapore 4643.30 Nov/16
Slovakia 287.00 Nov/16
Slovenia -15.23 Nov/16
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South Africa -1091.85 Nov/16
South Korea 7000.00 Dec/16
South Sudan -104.70 Dec/15
Spain -1833000.00 Oct/16
Sri Lanka -922.00 Nov/16
Sudan -338394.00 Sep/16
Suriname 42.20 Sep/16
Swaziland 1037.15 Mar/16
Sweden -1100.00 Nov/16
Switzerland 3636.00 Nov/16
Syria 9394.50 Dec/10
Taiwan 4864.00 Dec/16
Tajikistan -188.00 Nov/16
Tanzania -88.90 Oct/16
Thailand 1540.00 Nov/16
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia -992.50 Dec/16
Turkey -4113.35 Nov/16
Turkmenistan 2181.97 Dec/15
Uganda -131.90 Nov/16
Ukraine -235.50 Nov/16
United Arab Emirates 328300.00 Dec/15
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Uzbekistan 455.00 Dec/15
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Vietnam -300.00 Dec/16
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