Portugal Balance of Trade  1950-2018 | Data | Chart | Calendar | Forecast

The Portuguese trade deficit widened to EUR 0.87 billion in November 2017 from EUR 0.85 billion in the same month a year earlier. Still, it was the smallest trade gap since February, as exports jumped 11.9 percent to a near record high of EUR 5.22 billion mainly due to higher sales of transport equipment (38.6 percent) and industrial supplies (13.7 percent). Among trading partners, exports rose particularly to Spain (10.4 percent), France (18.9 percent) and Germany (17.9 percent). Meanwhile, imports rose 10.4 percent to EUR 6.08 billion, mainly boosted by higher purchases of fuels and lubricants (34.9 percent), industrial supplies (10.3 percent) and machinery (4.7 percent). Imports rose mainly from Spain (9.5 percent), Germany (11.8 percent) and Brazil (186.8 percent). In January to November, the trade deficit widened to EUR 12.42 billion from EUR 9.79 billion in the same period of 2016. Balance of Trade in Portugal averaged -518.55 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 -2524.87 EUR Million in June of 2010.

Portugal Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 11:00 AM Balance of Trade €-1181M €-1293M €-1210M
2017-12-11 11:00 AM Balance of Trade €-1536M €-1212M €-990M
2018-01-09 11:00 AM Balance of Trade €-867M €-1479M €-1250M
2018-02-09 11:00 AM Balance of Trade €-867M € -1150.9M
2018-03-12 11:00 AM Balance of Trade € -1180.9M
2018-04-10 10:00 AM Balance of Trade € -1149.2M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -867.03 -1478.95 3.55 -2524.87 EUR Million [+]
Exports 5216.56 4886.48 5241.04 1.69 EUR Million [+]
Imports 6083.60 6365.42 6365.42 0.00 EUR Million [+]
Current Account 208.73 283.21 1100.99 -2590.60 EUR Million [+]
Current Account to GDP 0.80 0.10 3.10 -14.70 percent [+]
External Debt 406677.51 406576.00 421132.40 56392.07 EUR Million [+]
Capital Flows 620.19 812.47 1936.87 -2366.47 EUR Million [+]
Foreign Direct Investment 246.39 683.70 6288.10 -3307.52 EUR Million [+]
Remittances 283.36 275.90 515.40 153.66 EUR Million [+]
Tourism Revenues 1004.94 1556.73 2004.34 199.98 EUR Million [+]
Gold Reserves 382.51 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.06 1.85 0.00 [+]
Tourist Arrivals 2261582.00 4171906.00 5241544.00 88000.00 [+]
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

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-867.03 -1478.95 3.55 -2524.87 1950 - 2017 EUR Million Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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