India / Portugal

Overview In February 2024, India exported $79.1M and imported $12.9M from Portugal, resulting in a positive trade balance of $66.2M. Between February 2023 and February 2024 the exports of India have decreased by $-3.32M (-4.03%) from $82.4M to $79.1M, while imports increased by $919k (7.65%) from $12M to $12.9M.

Trade In February 2024, the top exports of India to Portugal were Petroleum Products ($61.3M), Cotton Yarn ($9.84M), Iron And Steel ($7.76M), Marine Products ($3.75M), and Manmade Yarn,Fabrics,Madeups ($3.18M). In February 2024 the top imports of India from Portugal were Paper, Paper Board And Product ($2.52M), Iron And Steel ($1.12M), Bulk Drugs, Drug Intermediates ($1.08M), Residul Chemicl And Alled Prod ($936k), and Other Misc. Engineering Items ($713k).

Growth In February 2024, the decrease in India's year-by-year exports to Portugal was explained primarily by an decrease in product exports in Cotton Yarn ($-16.5M or -62.7%), Organic Chemicals ($-8.4M or -86.9%), and Plastic Raw Materials ($-3.97M or -71%). In February 2024, the increase in India's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Paper, Paper Board And Product ($1.79M or 246%), Bulk Drugs, Drug Intermediates ($682k or 172%), and Other Misc. Engineering Items ($590k or 479%).