Overview: This page contains the latest international trade data for Portugal, including service trade data, and tariffs. In 2018 Portugal was the number 46 economy in the world in terms of GDP (current US$), the number 44 in total exports, the number 39 in total imports, and the number 48 most complex economy according to the Economic Complexity Index (ECI). In 2018, Portugal exported $72B and imported $89.9B, resulting in a negative trade balance of -$17.9B. In 2018, Portugal's exports per capita were $7k and its imports per capita were $8.74k.
Trade: The top exports of Portugal are Cars ($4.33B), Vehicle Parts ($3.56B), Refined Petroleum ($2.87B), Leather Footwear ($2.16B), and Uncoated Paper ($1.44B). The top imports of Portugal are Crude Petroleum ($5.75B), Cars ($5.47B), Vehicle Parts ($2.92B), Packaged Medicaments ($2.3B), and Petroleum Gas ($1.85B).
Destinations: Portugal exports mostly to Spain ($16.8B), France ($9.07B), Germany ($8.44B), United Kingdom ($4.79B), and United States ($3.76B), and imports mostly from Spain ($27.2B), Germany ($11.9B), France ($6.63B), Italy ($5.01B), and Netherlands ($4.58B).
Location: Portugal borders Spain by land and Morocco by sea.