Exports from Portugal rose 4.1 percent year-on-year to EUR 4,971 million in January 2019, mostly boosted by higher sales of transport equipment, parts and accessories thereof (9.7 percent); industrial supplies (5.4 percent) and consumer goods (2.7 percent). Among major trading partners, exports went up to Germany (17.1 percent), Spain (7.4 percent), Netherlands (9.1 percent) and France (1.1 percent). Exports in Portugal averaged 1175.18 EUR Million from 1950 until 2018, reaching an all time high of 5319.44 EUR Million in July of 2018 and a record low of 1.69 EUR Million in January of 1950.
Exports in Portugal is expected to be 5680.00 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 4510.00 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.