Portugal Imports

Imports to Portugal climbed 12.8 percent year-on-year to EUR 6,325 million in February 2019, led by purchases of transport equipment (19.3%), amid the acquisition of other transport equipment (mainly airplanes and parts thereof) (34.2%) and parts & accessories (30%); industrial supplies (10.6%), namely processed goods such as base metals and chemical products (10.4%); and capital goods, parts & accessories (15.5%). Among major trading partners, imports advanced from Spain (9.1%), Germany (17.1%), France (2.9%), the Netherlands (14.7%), Italy (2.2%), China (47.2%) and Belgium (17.7%). Imports in Portugal averaged 1718.49 EUR Million from 1950 until 2019, reaching an all time high of 6928 EUR Million in January of 2019 and a record low of 0 EUR Million in May of 1955.

Imports in Portugal is expected to be 6190.00 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 6420.00 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.

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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	-740.83	-173.79	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	-348.35	382.33	1857.05	-2366.47	EUR Million	[+]
Foreign Direct Investment	1044.16	328.80	6288.10	-3307.52	EUR Million	[+]
Remittances	359.79	367.81	515.40	153.66	EUR Million	[+]
Tourism Revenues	851.02	1064.85	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 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 April of 2019.