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

The Portuguese trade deficit widened sharply to €1,239 million in April 2017 from €730 million in the same month a year earlier. Imports jumped 10.8 percent to €5.40 billion, boosted by higher purchases of fuels and lubricants (63.7 percent), machinery and other capital goods (11.1 percent) and food products (10.9 percent). Among trading partners, imports rose mainly from Spain (2.6 percent), Germany (6 percent) and China (25.6 percent). Exports went up at a slower 0.4 percent to €4.16 billion, due to higher sales of fuels and lubricants (55.1 percent), while exports of consumer goods (-9.6 percent) and transport equipment (-8.2 percent) fell. Exports rose to Morocco (102.1 percent), Angola (41.1 percent) and the US (15.9 percent), but fell to Spain (-4.8 percent), France (-5.2 percent), Germany (-9.7 percent) and the UK (-13.8 percent). In the January-April period, the trade deficit widened to €3.85 billion from €3.17 billion in the same period of 2016. Balance of Trade in Portugal averaged -455.37 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)
2017-04-10 10:00 AM Feb €-746M €-962M €-922M
2017-05-10 10:00 AM Mar €-821M €-790M
2017-06-09 10:00 AM Apr €-1239M €-840M €-698M
2017-07-10 10:00 AM May €-1239M
2017-08-09 10:00 AM Jun
2017-09-08 10:00 AM Jul




Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1238.53 -839.76 3.55 -2348.24 EUR Million [+]
Exports 4161.32 5259.44 5259.44 1.69 EUR Million [+]
Imports 5399.86 6099.20 6099.20 0.00 EUR Million [+]
Current Account 180.00 190.40 1102.30 -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 62.34 532.49 1798.15 -2366.47 EUR Million [+]
Foreign Direct Investment 757.12 -55.46 6288.10 -3307.52 EUR Million [+]
Remittances 300.30 279.14 515.40 153.66 EUR Million [+]
Tourism Revenues 1250.68 848.98 1763.55 199.98 EUR Million [+]
Gold Reserves 382.51 382.48 606.76 382.48 Tonnes [+]
Tourist Arrivals 3727405.00 2708356.00 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1238.53 -839.76 3.55 -2348.24 1950 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17