Portugal Exports

Exports from Portugal fell for the first time in eight months by 8.3 percent year-on-year to EUR 4.75 billion in June 2019, due mainly to lower sales of fuels and lubricants (-34.3 percent), consumer goods (-10.5 percent) and industrial supplies (-6.2 percent). Among major trade partners, exports were down to Spain (-9.2 percent), France (-3.5 percent), Germany (-1.5 percent), the UK (-10.1 percent) and the US (-11.7 percent). Exports in Portugal averaged 1203.23 EUR Million from 1950 until 2019, reaching an all time high of 5617.49 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.

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Portugal Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-1833.26	-1615.46	3.55	-2524.87	EUR Million	[+]
Current Account	-1563.85	8.56	1105.17	-2590.60	EUR Million	[+]
Current Account to GDP	-0.60	0.50	3.10	-14.70	percent	[+]
Imports	6586.95	7232.95	7232.95	0.00	EUR Million	[+]
Exports	4753.68	5617.49	5617.49	1.69	EUR Million	[+]
External Debt	414409.79	412765.99	421132.40	56392.07	EUR Million	[+]
Capital Flows	-1420.85	63.68	1857.05	-2366.47	EUR Million	[+]
Foreign Direct Investment	430.87	1200.20	6288.10	-3307.52	EUR Million	[+]
Remittances	281.67	357.30	515.40	153.66	EUR Million	[+]
Tourism Revenues	1632.65	1425.05	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	4850055.00	4247041.00	5972372.00	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 August of 2019.