China / Portugal

Overview In December 2024, China exported $560M and imported $291M from Portugal, resulting in a positive trade balance of $269M. Between December 2023 and December 2024 the exports of China have increased by $118M (26.8%) from $441M to $560M, while imports decreased by $-30.4M (-9.48%) from $321M to $291M.

Trade In December 2024, the top exports of China to Portugal were Passenger and Cargo Ships ($100M), Semiconductor Devices ($40.5M), Commodities not elsewhere specified ($22M), Nucleic Acids ($15.4M), and Refined Petroleum ($14.2M). In December 2024 the top imports of China from Portugal were Motor vehicles; parts and accessories (8701... ($66.5M), Navigation Equipment ($50.6M), Integrated Circuits ($12.9M), Knit T-shirts ($12.5M), and Sulfate Chemical Woodpulp ($10.3M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($133M), Guangdong Province ($132M), Jiangsu Province ($98.5M), Shandong Province ($39.2M), and Shanghai Province ($35.6M), while imports destinations were mainly Jilin Province ($105M), Shanghai Province ($44.8M), Beijing ($39.4M), Zhejiang Province ($23.8M), and Guangdong Province ($19M).

Growth In December 2024, the increase in China's year-by-year exports to Portugal was explained primarily by an increase in product exports in Commodities not elsewhere specified ($8.06M or 57.9%), Nucleic Acids ($7.61M or 97.3%), and Trunks and Cases ($4.48M or 47%). In December 2024, the decrease in China's year-by-year imports  from Portugal was explained primarily by an decrease in product imports  in Electrical Control Boards ($-5.86M or -52.2%), Integrated Circuits ($-4.68M or -26.7%), and Dissolving Grades Chemical Woodpulp ($-4.6M or -64.7%).