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

The Portuguese trade deficit widened sharply to EUR 1.18 billion in September 2017 from EUR 1.00 billion in the same month a year earlier, as imports jumped 8.1 percent to EUR 5.83 billion, mainly boosted by higher purchases of fuels and lubricants (14.7 percent), transport equipment (12.1 percent) and industrial supplies (11.4 percent). Among trading partners, imports rose mainly from France (18 percent), Germany (9.1 percent) and Spain (7.3 percent). Exports went up 5.8 percent to EUR 4.65 billion, mainly due to higher sales of fuels and lubricants (31.9 percent), transport equipment (8.3 percent) and industrial supplies (7.2 percent). Exports rose particularly to Germany (11.7 percent) and Spain (3.9 percent). In January to September, the trade deficit widened to EUR 10.01 billion from EUR 8.02 billion in the same period of 2016. Balance of Trade in Portugal averaged -516.85 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
2017-09-08 10:00 AM Balance of Trade €-1057M €-1011M €-789M
2017-10-10 10:00 AM Balance of Trade €-1316M €-1065M €-820M
2017-11-09 11:00 AM Balance of Trade €-1181M €-1293M €-1210M
2017-12-11 11:00 AM Balance of Trade €-1181M


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1180.99 -1293.23 3.55 -2524.87 EUR Million [+]
Exports 4648.32 3944.38 5241.04 1.69 EUR Million [+]
Imports 5829.31 5237.61 6278.74 0.00 EUR Million [+]
Current Account 217.55 1001.90 1100.99 -2590.60 EUR Million [+]
Current Account to GDP 0.80 0.10 3.10 -14.70 percent [+]
External Debt 406576.00 402624.84 421132.40 56392.07 EUR Million [+]
Capital Flows 269.57 1463.95 1936.87 -2366.47 EUR Million [+]
Foreign Direct Investment 271.55 33.81 6288.10 -3307.52 EUR Million [+]
Remittances 285.46 297.75 515.40 153.66 EUR Million [+]
Tourism Revenues 1668.08 2004.34 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 4640945.00 5234589.00 5234589.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1180.99 -1293.23 3.55 -2524.87 1950 - 2017 EUR Million Monthly




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17