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

The Portuguese trade deficit widened to EUR 991 million in February 2018 from EUR 821 million in the same month of the previous year. Imports increased 8.5 percent to EUR 5.62 billion, boosted by higher purchases of industrial supplies (13 percent), transport equipment (11.3 percent) and machinery and other capital goods (10.7 percent). Among major trading partners, imports grew from Spain (10.3 percent), Germany (9.9 percent) and France (15.5 percent), but declined from Russia (-68.7 percent). Meanwhile, exports rose at a softer 6.2 percent to EUR 4.62 billion, mainly driven by sales of transport equipment (26.3 percent) and industrial supplies (3.9 percent) while exports of consumer goods dropped 2.2 percent. Exports increased to Germany (16.4 percent) and France (13.3 percent), but fell to Angola (-25.9 percent). Balance of Trade in Portugal averaged -521.13 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
2018-02-09 11:00 AM Balance of Trade €-1382M €-882M €-1420M
2018-03-12 11:00 AM Balance of Trade €-1249M €-1404M €-1150M
2018-04-09 10:00 AM Balance of Trade €-991M €-1220M €-1140M
2018-05-10 10:00 AM Balance of Trade €-991M
2018-06-08 10:00 AM Balance of Trade
2018-07-10 10:00 AM Balance of Trade


Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -991.40 -1219.74 3.55 -2524.87 EUR Million [+]
Exports 4624.94 4777.26 5241.04 1.69 EUR Million [+]
Imports 5616.34 5997.01 6351.05 0.00 EUR Million [+]
Current Account -213.66 -552.41 1105.17 -2590.60 EUR Million [+]
Current Account to GDP 0.50 0.60 3.10 -14.70 percent [+]
External Debt 407482.01 406677.51 421132.40 56392.07 EUR Million [+]
Capital Flows 33.45 -650.46 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 591.68 877.19 6288.10 -3307.52 EUR Million [+]
Remittances 279.55 271.89 515.40 153.66 EUR Million [+]
Tourism Revenues 786.88 788.06 2004.34 199.98 EUR Million [+]
Gold Reserves 382.50 382.51 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.06 1.85 0.00 [+]
Tourist Arrivals 2053913.00 1753009.00 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-991.40 -1219.74 3.55 -2524.87 1950 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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