Overview In June 2021 Portugal's Electrical machinery and equipment exports accounted up to €387M and imports accounted up to €609M, resulting in a negative trade balance of €223M. Between June 2020 and June 2021 the exports of Portugal's Electrical machinery and equipment have increased by €30.9M (8.68%) from €356M to €387M, while imports increased by €108M (21.7%) from €501M to €609M.
Destinations In June 2021, Electrical machinery and equipment were exported mostly to Germany (€109M), Spain (€51.8M), France (€38.3M), United Kingdom (€20.9M), and Angola (€17.6M), and were imported mostly from Spain (€145M), Germany (€141M), China (€79M), Netherlands (€44.9M), and France (€37.1M).
Growth In June 2021, the increase in Electrical machinery and equipment's year-by-year exports was explained primarily by an increase in exports to Angola (€9.4M or 114%), Germany (€7.27M or 7.11%), and Sweden (€5.33M or 236%). In June 2021, the increase in Electrical machinery and equipment's year-by-year imports was explained primarily by an increase in imports from Germany (€51.4M or 57.1%), Spain (€19.2M or 15.3%), and France (€10M or 37%).