Portugal Imports

Imports to Portugal jumped 7.9 percent from a year earlier to a near record high of EUR 7.13 billion in July 2019, mainly boosted by purchases of transport equipment (27.9 percent), in particular aircraft. Among key trading partners, imports rose mainly from France (67 percent), Spain (4.2 percent), China (35.1 percent) and Belgium (20.3 percent), but declined from Germany (-5.9 percent). Imports in Portugal averaged 1749.62 EUR Million from 1950 until 2019, reaching an all time high of 7238.36 EUR Million in May of 2019 and a record low of 0 EUR Million in May of 1955.

Imports in Portugal is expected to be 6250.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Portugal to stand at 6320.00 in 12 months time. In the long-term, the Portugal Imports is projected to trend around 6290.00 EUR Million in 2020, according to our econometric models.

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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	649.31	-99.12	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	743.92	-80.71	1857.05	-2366.47	EUR Million	[+]
Foreign Direct Investment	445.52	488.33	6288.10	-3307.52	EUR Million	[+]
Remittances	369.76	309.49	515.40	153.66	EUR Million	[+]
Tourism Revenues	2021.05	1558.61	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	5658153.00	5008435.00	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 Imports

In 2017, Portugal imported mostly: machinery and mechanical appliances, electrical equipment (17 percent of total imports); vehicles, aircraft, vessels and associated transport equipment (14 percent); mineral products (12 percent); products of the chemical or allied industries (10 percent); base metals and articles of base metal (8 percent); plastics and rubber (6 percent); textiles and textile articles (6 percent); live animals, animal products (5 percent); prepared foodstuffs (5 percent); and vegetables (4 percent). Portugal's main import partners were Spain (32 percent of total imports), Germany (14 percent), France (7 percent), Italy and the Netherlands (5 percent each), the UK and China (3 percent each) and Russia and Brazil (2 percent each). This page provides - Portugal Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Imports - actual data, historical chart and calendar of releases - was last updated on September of 2019.