Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Portugal
Portugal
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
231 348 23 117 -1.2 9 568 41.4
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
43 37 -
Imports
41 47 -
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020
2010-2020
61 531 77 600 2020 0.35
Share in world total exports (%)
2019
2020
-2 1
-8 -13
2 0
2020 0.44
Share in world total imports (%)
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 14.1
Fuels and mining products: 8.4
Agricultural products: 15.3
Fuels and mining products: 13.6
Manufactures: 77.1
Other: 0.4
Manufactures: 70.6
Other: 0.5
By main destination, % (2020)
By main origin, % (2020)
European Union: 70.8 United States of America: 5 Brazil: 1.4
United Kingdom: 5.7 Angola: 1.6 Other: 15.5
European Union: 74.7 United Kingdom: 2.7 United States of America: 1.8
China: 4.5 Brazil: 2.4 Other: 13.9
Agricultural Products Value
Top exported products (Million US$) HS2204 HS2402 HS1509 HS0810 HS1905
2020 . 969 755 650 312 289
Wine of fresh grapes Cigars, cheroots, cigarillos Olive oil and its fractions Other fruit, fresh Bread, pastry, other bakers' wares
Value
Top imported products (Million US$) HS1201 HS0201 HS1905 HS1005 HS2309
2020
Soya beans, whether or not broken Bovine meat, fresh, chilled Bread, pastry, other bakers' wares Maize (corn) Preparations of a kind used in animal feeding
533 484 419 378 349
Share in economy's trade in agricultural products Exports 0%
10%
Imports 20%
0%
HS2204
HS1201
HS2402
HS0201
HS1509
HS1905
HS0810
HS1005
HS1905
HS2309
2%
4%
6%
Million US$ Exports Imports
Value
2020 7 572 10 347
Annual percentage change
2010-2020 4 1
2019 -10 -9
2020 8 -1
Non-Agricultural Products Value
Top exported products (Million US$) HS8703 HS8708 HS2710 HS6403 HS9029
2020
Motor cars for transport of persons Parts for motor vehicles 8701-8075 Petroleum oils, other than crude Footwear, uppers of leather Speed indicators and tachometers
3 583 3 227 2 372 1 483 1 147
Value
Top imported products (Million US$) HS2709 HS8703 HS8708 HS3004 HS2711
2020
Petroleum oils, crude Motor cars for transport of persons Parts for motor vehicles 8701-8075 Medicaments in measured doses Petroleum gases
3 870 3 866 2 866 2 405 1 450
Share in economy's trade in non-agricultural products Exports 0%
292
5%
Imports 10%
0%
HS8703
HS2709
HS8708
HS8703
HS2710
HS8708
HS6403
HS3004
HS9029
HS2711
5%
10%
Million US$ Exports Imports
Value
2020 53 893 67 247
Annual percentage change
2010-2020 2 0
2019 -9 -6
2020 -10 -15
World Trade Organization – Trade Profiles 2021
Portugal TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
25 335 15 606 2020 0.52
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
0 6
-36 -21
1 1
2020 0.34
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 21.4 Other commercial services: 39
Travel: 35 Goods-related services: 4.7
Transport: 21.1 Other commercial services: 55.1
By main destination, % (2020)
Travel: 20.5 Goods-related services: 3.4
By main origin, % (2020)
European Union: 60.6 United States of America: 6.5 Brazil: 2.4
United Kingdom: 14.1 Switzerland: 4.6 Other: 11.9
European Union: 57.9 United States of America: 6.7 Switzerland: 2.8
Value
FATS sales Inward (million US$) Outward (million US$)
United Kingdom: 11.8 China: 3.1 Other: 17.8
Annual percentage change
2018 37 628 5 657
2010-2018 5 -14
2017 20 -1
2018 17 -3
Transport Portugal
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 5 416 3 296
Exports By sea (2020) By air (2020) By other (2020)
2010-2020 -1 -1
Value
Share (%)
918 2 308 1 986
16.9 42.6 36.7
Annual percentage change 2019 -3 0
Imports By sea (2020) By air (2020) By other (2020)
2020 -35 -31
Value
Share (%)
1 400 1 292 418
42.5 39.2 12.7
Travel Portugal
300
World
Value
Million US$ Exports Imports
200 100 0
2010
2013
2016
2020 8 855 3 192
2010-2020 -1 -2
Annual percentage change 2019 2 10
2020 -57 -46
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 7.9
26.2
52.7
2020
2010-2020
Other commercial services Exports 9 874 Imports 8 592
Other business services ICTs
13.2
Value
Construction
5 3
2020
Goods-related services Exports Imports
Other
Annual percentage change
2010-2020
1 189 525
4 5
2019
2020
-1 6
7 1
2019
2020
-5 7
5 -12
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
703
Non-residents
104
Trademark applications, 2019 Total
807
World Trade Organization – Trade Profiles 2021
Residents
19 050
Non-residents
2 460
Industrial design applications, 2019 Total
21 510
Residents
250
Non-residents
18
Total
268
293