Portugal Imports

Imports to Portugal fell 4 percent from a year earlier to EUR 5.51 billion in August 2019, led by a 43.7 percent plunge in purchases of fuels and lubricants. Imports also decreased for industrial supplies (-2.1 percent) and food (-1.8 percent). Among key trade partners, imports fell from Germany (-5.2 percent), Italy (-3.3 percent) and the Netherlands (-10.6 percent). Imports in Portugal averaged 1754.22 EUR Million from 1950 until 2019, reaching an all time high of 7238.91 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 5910.00 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 6480.00 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	-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 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 October of 2019.