Imports to Portugal dropped 4.1 percent from a year earlier to EUR 6.59 billion in June 2019, the first month of decline since May 2018, dragged by purchases of fuels and lubricants (-24.8 percent) and industrial supplies (-8.9 percent). On the other hand, transport equipment imports jumped 32.4 percent on the back of aircraft. Imports decreased from Spain (-4.4 percent), Germany (-7.3 percent), Italy (-2.7 percent) and the Netherlands (-13.1 percent), but rose from France (61.2 percent). Imports in Portugal averaged 1743.11 EUR Million from 1950 until 2019, reaching an all time high of 7232.95 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 -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 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6586.95 7232.95 7232.95 0.00 1950 - 2019 EUR Million Monthly




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