Exports from Portugal advanced 4.6 percent year-on-year to EUR 4,821 million in February 2019, boosted by transport equipment (14.1%), essentially passenger vehicles (27.2%); industrial supplies (6%), of which primary goods (26.6%); and consumer goods (5.9%). However, shipments declined for fuels & lubricants (-32.6%), partly justified by the maintenance works in the national refineries. Among major trading partners, exports went up mostly to Italy (30%), Germany (4.9%), the UK (3.4%) and the US (6.6%). Exports in Portugal averaged 1184.18 EUR Million from 1950 until 2019, 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 5250.00 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 5540.00 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 -1504.00 -1973.00 3.55 -2524.87 EUR Million [+]
Current Account -667.44 -740.83 1105.17 -2590.60 EUR Million [+]
Current Account to GDP -0.60 0.50 3.10 -14.70 percent [+]
Imports 6325.00 6928.00 6928.00 0.00 EUR Million [+]
Exports 4821.00 4956.00 5319.44 1.69 EUR Million [+]
External Debt 412765.99 407313.05 421132.40 56392.07 EUR Million [+]
Capital Flows -506.30 -348.35 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 90.43 1044.16 6288.10 -3307.52 EUR Million [+]
Remittances 300.35 359.79 515.40 153.66 EUR Million [+]
Tourism Revenues 830.17 851.02 2196.02 199.98 EUR Million [+]
Gold Reserves 382.50 382.50 606.76 382.48 Tonnes [+]
Terrorism Index 0.00 0.00 1.85 0.00 [+]
Tourist Arrivals 1779897.00 2326269.00 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 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4821.00 4956.00 5319.44 1.69 1950 - 2019 EUR Million Monthly




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