Exports from Portugal declined 3.8 percent from a year earlier to EUR 3.87 billion in August 2019, led by decreases in sales of fuels and lubricants (-44.1 percent), industrial supplies (-4 percent) and consumer goods (-1.5 percent). Exports dropped to Spain (-4 percent), the US (-25.2 percent) and Italy (-9.9 percent). Exports in Portugal averaged 1211.37 EUR Million from 1950 until 2019, reaching an all time high of 5595.39 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 4510.00 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 5280.00 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 -1638.26 -1858.51 3.55 -2524.87 EUR Million [+]
Current Account 1492.28 824.15 1625.26 -2674.13 EUR Million [+]
Current Account to GDP -0.60 0.50 3.10 -14.70 percent [+]
Imports 5510.51 7235.00 7238.91 0.00 EUR Million [+]
Exports 3872.25 5376.49 5595.39 1.69 EUR Million [+]
External Debt 417357.00 414409.79 421132.40 56392.07 EUR Million [+]
Capital Flows 1332.92 743.92 1857.05 -2366.47 EUR Million [+]
Foreign Direct Investment 760.19 520.00 6288.05 -3307.52 EUR Million [+]
Remittances 302.03 370.43 515.40 153.66 EUR Million [+]
Tourism Revenues 4269.53 3725.98 4269.53 427.40 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 [+]


United Nations Comtrade Database
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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3872.25 5376.49 5595.39 1.69 1950 - 2019 EUR Million Monthly




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