Exports from Portugal increased 1.3 percent from a year earlier to a near record high of EUR 5.38 billion in July 2019 on the back of a 3.9 percent rise in industrial supplies sales, while exports of fuels and lubricants tumbled 20.8 percent. Exports were up to France (10.8 percent) and the US (7.4 percent), but fell to Spain (-1.5 percent), Germany (-2.8 percent), and the UK (-6.7 percent). Exports in Portugal averaged 1208.17 EUR Million from 1950 until 2019, reaching an all time high of 5595.46 EUR Million in May of 2019 and a record low of 1.69 EUR Million in January of 1950.

Exports in Portugal is expected to be 5070.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Portugal to stand at 5400.00 in 12 months time. In the long-term, the Portugal Exports is projected to trend around 4850.00 EUR Million in 2020, according to our econometric models.

Portugal Exports
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Portugal Trade Last Previous Highest Lowest Unit
Balance of Trade -1750.78 -1906.43 3.55 -2524.87 EUR Million [+]
Current Account -99.12 -1564.57 1105.17 -2590.60 EUR Million [+]
Current Account to GDP -0.60 0.50 3.10 -14.70 percent [+]
Imports 7128.47 6647.02 7238.36 0.00 EUR Million [+]
Exports 5377.69 4740.58 5595.46 1.69 EUR Million [+]
External Debt 417357.00 414409.79 421132.40 56392.07 EUR Million [+]
Capital Flows -80.71 -1188.11 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 488.33 430.87 6288.10 -3307.52 EUR Million [+]
Remittances 309.49 281.67 515.40 153.66 EUR Million [+]
Tourism Revenues 1558.61 1632.65 2196.02 199.98 EUR Million [+]
Gold Reserves 382.54 382.50 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.00 1.85 0.00 [+]
Tourist Arrivals 4985372.00 4874830.00 5997806.00 88000.00 [+]
Weapons Sales 3.00 56.00 172.00 0.00 USD Million [+]

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



Portugal Exports

In 2017, Portugal exported mostly: machinery and mechanical appliances, electrical equipment (15 percent of total exports); vehicles, aircraft, vessels and associated transport equipment (12 percent); textiles and textile articles (10 percent); mineral products (9 percent); base metals and articles of base metals (8 percent); plastics and rubber (8 percent); prepared foodstuffs (6 percent); products of the chemical or allied industries (5 percent); and pulp of wood or of other fibrous cellulosic material (5 percent). Portugal's main export partners were Spain (25 percent of total exports), France (13 percent), Germany (11 percent), the United Kingdom (7 percent), the United States (5 percent), and Italy and the Netherlands (4 percent each). This page provides - Portugal Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Exports - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5377.69 4740.58 5595.46 1.69 1950 - 2019 EUR Million Monthly




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