Overview In 2021, Portugal was the number 49 economy in the world in terms of GDP (current US$), the number 46 in total exports, the number 42 in total imports, the number 52 economy in terms of GDP per capita (current US$) and the number 43 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Portugal are Cars ($4.21B), Motor vehicles; parts and accessories (8701 to 8705) ($3.11B), Refined Petroleum ($2.67B), Leather Footwear ($1.72B), and Rubber Tires ($1.28B), exporting mostly to Spain ($19.3B), France ($9.33B), Germany ($8.13B), United States ($4.49B), and United Kingdom ($4.08B).
In 2021, Portugal was the world's biggest exporter of Agglomerated Cork ($646M), Natural Cork Articles ($534M), and Hat Forms ($21M)
Imports The top imports of Portugal are Crude Petroleum ($4.46B), Cars ($3.89B), Motor vehicles; parts and accessories (8701 to 8705) ($2.98B), Refined Petroleum ($2.52B), and Packaged Medicaments ($2.27B), importing mostly from Spain ($30.5B), Germany ($11.7B), France ($6.24B), Italy ($5.14B), and Netherlands ($5.08B).
In 2021, Portugal was the world's biggest importer of Raw Cork ($105M) and Debacked Cork ($20.8M)