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

The Portuguese trade deficit widened to EUR 1,004 million in June 2017 from EUR 924 million in the same month a year earlier, as imports jumped 7.1 percent year-on-year to EUR 5.78 billion, mainly boosted by higher purchases of industrial supplies (12.2 percent) and machinery and other capital goods (18.8 percent). Among trading partners, imports rose from Spain (9.1 percent), Germany (7.3 percent) and Italy (15.4 percent). Exports went up 6.8 percent to EUR 4.77 billion, mainly due to higher sales of industrial supplies (7.7 percent) and machinery and other capital goods (12.1 percent). Exports rose to Spain (6.4 percent), France (6.5 percent) and Angola (46 percent). In the first half of the year, the trade deficit widened to EUR 6.35 billion from EUR 5.03 billion in the same period of 2016. Balance of Trade in Portugal averaged -457.34 EUR Million from 1950 until 2017, 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 Actual Previous Consensus Forecast (i)
2017-06-09 10:00 AM Apr €-1239M €-840M €-698M
2017-07-10 10:00 AM May €-1438M €-1280M €-980M
2017-08-09 10:00 AM Jun €-1004M €-1404M €-997M
2017-09-08 10:00 AM Jul €-1004M €-789M
2017-10-10 10:00 AM Aug
2017-11-09 11:00 AM Sep


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1004.19 -1403.77 3.55 -2348.24 EUR Million [+]
Exports 4772.51 4881.22 5264.34 1.69 EUR Million [+]
Imports 5776.71 6284.99 6284.99 0.00 EUR Million [+]
Current Account 12.77 -1376.17 1100.99 -2590.60 EUR Million [+]
Current Account to GDP 0.80 0.10 3.10 -14.70 percent [+]
External Debt 402624.84 398850.13 421132.40 56392.07 EUR Million [+]
Capital Flows 621.32 -1463.65 1623.71 -2501.16 EUR Million [+]
Foreign Direct Investment 12.33 1325.22 6288.10 -3307.52 EUR Million [+]
Remittances 323.63 292.07 515.40 153.66 EUR Million [+]
Tourism Revenues 1261.63 1336.59 1763.55 199.98 EUR Million [+]
Gold Reserves 382.51 382.48 606.76 382.48 Tonnes [+]
Tourist Arrivals 4394288.00 4205457.00 4990469.00 88000.00 [+]
Terrorism Index 0.06 0.27 1.85 0.00 [+]
Weapons Sales 169.00 7.00 169.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1004.19 -1403.77 3.55 -2348.24 1950 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17