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.

Portugal Imports
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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.

Actual Previous Highest Lowest Dates Unit Frequency
7128.47 6647.02 7238.36 0.00 1950 - 2019 EUR Million Monthly




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