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

Portugal’s trade gap increased slightly to EUR 1.17 billion in July of 2018 from EUR 1.14 billion in the same month of the previous year. Imports jumped 11 percent to EUR 6.44 billion, driven by purchases of mineral fuels (17.2 percent); machinery & mechanical appliances (9.6 percent) and agricultural products (14 percent). Among major trading partners, purchases went up mainly from Spain (5 percent); Germany (10.7 percent); France (7.7 percent) and Italy (0.7 percent). Exports rose 13 percent to EUR 5.27 billion, led by sales of food products (21.3 percent) and agricultural products (0.9 percent). On the other hand, sales declined for machinery & mechanical appliances (-5.6 percent) and base metals (-4.3 percent). Shipments advanced to Spain (19.2 percent); France (10 percent); Germany (12.5 percent) and the US (31.3 percent) while exports to UK declined (-2.5 percent). Balance of Trade in Portugal averaged -526.63 EUR Million from 1950 until 2018, 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
2018-07-10 10:00 AM Balance of Trade €-1122M €-1261M €-1320M
2018-08-09 10:00 AM Balance of Trade €-1682M €-1122M € -960M
2018-09-10 10:00 AM Balance of Trade €-1168M €-1652M €-1260M
2018-10-10 10:00 AM Balance of Trade €-1168M €-1410M
2018-11-09 11:00 AM Balance of Trade € -1270M
2018-12-11 11:00 AM Balance of Trade €-1680M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1167.78 -1651.71 3.55 -2524.87 EUR Million [+]
Exports 5271.21 5172.38 5271.21 1.69 EUR Million [+]
Imports 6438.99 6824.09 6824.09 0.00 EUR Million [+]
Current Account 770.32 -529.17 1105.17 -2590.60 EUR Million [+]
Current Account to GDP 0.50 0.60 3.10 -14.70 percent [+]
External Debt 411679.63 410196.09 421132.40 56392.07 EUR Million [+]
Capital Flows 1189.38 -199.50 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 346.83 758.81 6288.10 -3307.52 EUR Million [+]
Remittances 336.37 288.63 515.40 153.66 EUR Million [+]
Tourism Revenues 2011.34 1432.93 2011.34 199.98 EUR Million [+]
Gold Reserves 382.50 382.50 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.06 1.85 0.00 [+]
Tourist Arrivals 4669325.00 4174599.00 5241544.00 88000.00 [+]
Weapons Sales 56.00 172.00 172.00 0.00 USD Million [+]

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



Portugal Balance of Trade

In 2017, the Portuguese trade deficit widened sharply by 23.4 percent from the previous year to EUR 13.8 billion, the largest trade gap since 2011. Imports rose by 12.5 percent, the most since 2010, while exports increased at a slower 10.1 percent, the biggest gain since 2011. The largest trade deficits were recorded with Spain, Germany, Italy, the Netherlands, Russia and China, while the biggest trade surpluses were recorded with the United States, the United Kingdom and France. 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1167.78 -1651.71 3.55 -2524.87 1950 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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