China / Portugal

Overview In February 2024, China exported $439M and imported $254M from Portugal, resulting in a positive trade balance of $186M. Between February 2023 and February 2024 the exports of China have increased by $80.2M (22.3%) from $359M to $439M, while imports increased by $23.6M (10.3%) from $230M to $254M.

Trade In February 2024, the top exports of China to Portugal were Semiconductor Devices ($45.7M), Bi-Wheel Vehicle Parts ($17.5M), Commodities not elsewhere specified ($13.9M), Refined Petroleum ($13.5M), and Telephones ($12.1M). In February 2024 the top imports of China from Portugal were Motor vehicles; parts and accessories (8701... ($58.7M), Integrated Circuits ($17.6M), Zinc Ore ($14.6M), Navigation Equipment ($11.3M), and Electrical Control Boards ($11.2M).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($131M), Jiangsu Province ($86.3M), Guangdong Province ($84M), Shanghai Province ($35.1M), and Shandong Province ($24.2M), while imports destinations were mainly Jilin Province ($65.4M), Shanghai Province ($40.8M), Liaoning Province ($34.6M), Beijing ($30.3M), and Guangdong Province ($23.1M).

Growth In February 2024, the increase in China's year-by-year exports to Portugal was explained primarily by an increase in product exports in Centrifuges ($7.59M or 803%), Coated Flat-Rolled Iron ($7.58M or 636%), and Semiconductor Devices ($7.08M or 18.3%). In February 2024, the increase in China's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Navigation Equipment ($10.9M or 2.33k%), Dissolving Grades Chemical Woodpulp ($3.18M or 80.9%), and Integrated Circuits ($3.07M or 21.1%).