Portugal Trade Balance
Key information about Portugal's Trade Balance
- Portugal's Trade Balance recorded a deficit of 2.9 USD bn in Jan 2026, compared with a deficit of 3.4 USD bn in the previous month
- Portugal's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2026, with an averaged value of -912.6 USD mn
- The data reached an all-time high of 4.5 USD mn in Jan 1974 and a record low of -4.0 USD bn in Jul 2025
Further information about Portugal's Trade Balance
- In the latest reports, Portugal's Total Exports reached 7.1 USD bn in Jan 2026, a decrease of 2.5% YoY (year-on-year)
- Total Imports recorded 11.5 USD bn in Sep 2025, a decrease of 2.5% YoY (year-on-year)
View Portugal's Trade Balance from Jan 1957 to Jan 2026 in the chart:
What was Portugal's Trade Balance in Jan 2026?
Portugal's Trade Balance recorded a deficit of 2.9 USD bn in Jan 2026, compared with a deficit of 3.4 USD bn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -2,947.3 Jan 2026 | -3,350.5 Dec 2025 | -3,964.7 Jul 2025 | 4.5 Jan 1974 | USD mn | monthly | Jan 1957 - Jan 2026 |
Trade Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -378.5 Jan 2026 | monthly | Oct 1998 - Jan 2026 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 2,569.0 Jan 2026 | monthly | Jan 1991 - Jan 2026 |
| Armenia (USD mn) | -347.9 Jan 2026 | monthly | Nov 1995 - Jan 2026 |
| Australia (USD mn) | 1,787.0 Jan 2026 | monthly | Jul 1971 - Jan 2026 |
| Austria (USD mn) | -1,523.6 Dec 2025 | monthly | Jan 1957 - Dec 2025 |
| Azerbaijan (USD mn) | 132.1 Feb 2026 | monthly | Jan 2000 - Feb 2026 |
| Bahrain (USD mn) | 3,083.0 2025 | yearly | 1966 - 2025 |
| Bangladesh (USD mn) | -2,321.1 Dec 2025 | monthly | Jul 1986 - Dec 2025 |
| Belarus (USD mn) | -442.8 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Belgium (USD mn) | 3.9 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Bolivia (USD mn) | 374.4 Jan 2026 | monthly | Oct 1994 - Jan 2026 |
| Bosnia and Herzegovina (USD mn) | -612.8 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Botswana (USD mn) | -133.7 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Brazil (USD mn) | 4,207.9 Feb 2026 | monthly | Jan 1959 - Feb 2026 |
| Brunei (USD mn) | 106.0 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| Bulgaria (USD mn) | -1,228.4 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Cambodia (USD mn) | -316.1 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| Canada (USD mn) | -948.0 Dec 2025 | monthly | Jan 1988 - Dec 2025 |
| Chile (USD mn) | 2,784.8 Feb 2026 | monthly | Jan 1968 - Feb 2026 |
| China (USD mn) | 90,977.5 Feb 2026 | monthly | Jan 1992 - Feb 2026 |
| Colombia (USD mn) | -1,873.4 Nov 2025 | monthly | Jan 1958 - Nov 2025 |
| Croatia (USD mn) | -1,606.8 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Cyprus (USD mn) | -559.7 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Czech Republic (USD mn) | 2,524.9 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Denmark (USD mn) | 4,219.6 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Ecuador (USD mn) | 630.2 Jan 2026 | monthly | Mar 1992 - Jan 2026 |
| Egypt (USD mn) | -4,948.5 Dec 2025 | monthly | Jan 1957 - Dec 2025 |
| Estonia (USD mn) | -290.6 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| European Union (USD mn) | 10,322.4 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Finland (USD mn) | -645.9 Jan 2026 | monthly | Jan 1992 - Jan 2026 |
| France (USD mn) | -2,164.4 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Georgia (USD mn) | -790.6 Feb 2026 | monthly | Jan 1995 - Feb 2026 |
| Germany (USD mn) | 24,932.5 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Ghana (USD mn) | 3,890.0 Dec 2025 | monthly | Mar 2005 - Dec 2025 |
| Greece (USD mn) | -3,298.1 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Hong Kong SAR, China (USD mn) | -1,807.8 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Hungary (USD mn) | 342.6 Jan 2026 | monthly | Jan 1976 - Jan 2026 |
| Iceland (USD mn) | 33.6 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| India (USD mn) | -27,100.0 Feb 2026 | monthly | Jan 1957 - Feb 2026 |
| Indonesia (USD mn) | 954.3 Jan 2026 | monthly | Jan 1967 - Jan 2026 |
| Iran (USD mn) | 43,239.0 2024 | yearly | 1948 - 2024 |
| Ireland (USD mn) | 5,751.1 Dec 2025 | monthly | Jan 1970 - Dec 2025 |
| Israel (USD mn) | -3,135.3 Jan 2026 | monthly | Jan 1988 - Jan 2026 |
| Italy (USD mn) | 5,565.8 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Ivory Coast (USD mn) | 747.0 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Japan (USD mn) | 2,907.7 Jan 2026 | monthly | Apr 1995 - Jan 2026 |
| Jordan (USD mn) | -785.6 Dec 2025 | monthly | Jan 1972 - Dec 2025 |
| Kazakhstan (USD mn) | 1,642.2 Jan 2026 | monthly | Sep 1995 - Jan 2026 |
| Kenya (USD mn) | -1,147.5 Jan 2026 | monthly | Oct 1992 - Jan 2026 |
| South Korea (USD mn) | 15,375.8 Feb 2026 | monthly | Jan 1966 - Feb 2026 |
| Kosovo (USD mn) | -429.7 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Kuwait (USD mn) | 2,731.1 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Kyrgyzstan (USD mn) | -799.3 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Laos (USD mn) | 330.6 Dec 2025 | quarterly | Dec 1992 - Dec 2025 |
| Latvia (USD mn) | -201.2 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Lebanon (USD mn) | -1,356.8 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Lithuania (USD mn) | -603.8 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Luxembourg (USD mn) | -862.8 Dec 2025 | monthly | Jan 1988 - Dec 2025 |
| Macau SAR, China (USD mn) | -1,458.0 Jan 2026 | monthly | Jan 1998 - Jan 2026 |
| North Macedonia (USD mn) | -309.0 Jan 2026 | monthly | Dec 1993 - Jan 2026 |
| Malawi (USD mn) | -238.9 Nov 2025 | monthly | Jan 1964 - Nov 2025 |
| Malaysia (USD mn) | 7,341.9 Jan 2026 | monthly | Jan 1990 - Jan 2026 |
| Malta (USD mn) | -184.7 Jan 2026 | monthly | Jan 1960 - Jan 2026 |
| Mauritius (USD mn) | -434.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Mexico (USD mn) | -861.0 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Moldova (USD mn) | -512.9 Jan 2026 | monthly | Jan 1992 - Jan 2026 |
| Mongolia (USD mn) | 553.0 Feb 2026 | monthly | Jan 1997 - Feb 2026 |
| Montenegro (USD mn) | -319.9 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Morocco (USD mn) | -2,784.9 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Mozambique (USD mn) | -217.9 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -441.3 Feb 2026 | monthly | Aug 1974 - Feb 2026 |
| Netherlands (USD mn) | 9,469.2 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| New Zealand (USD mn) | -303.5 Jan 2026 | monthly | Jan 1960 - Jan 2026 |
| Nigeria (USD mn) | 245.1 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Norway (USD mn) | 4,674.4 Feb 2026 | monthly | Jan 1957 - Feb 2026 |
| Oman (USD mn) | 1,248.4 Dec 2025 | monthly | Jan 1975 - Dec 2025 |
| Pakistan (USD mn) | -2,757.1 Jan 2026 | monthly | Jan 1968 - Jan 2026 |
| Palestinian Territory (USD mn) | -500.8 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Panama (USD mn) | -988.3 Jan 2026 | monthly | Jan 1964 - Jan 2026 |
| Paraguay (USD mn) | 115.2 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Peru (USD mn) | 4,622.2 Jan 2026 | monthly | Jan 1985 - Jan 2026 |
| Philippines (USD mn) | -4,048.1 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Poland (USD mn) | -1,947.4 Dec 2025 | monthly | Jan 1986 - Dec 2025 |
| Portugal (USD mn) | -2,947.3 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Qatar (USD mn) | 3,327.2 Jan 2026 | monthly | Jan 2014 - Jan 2026 |
| Romania (USD mn) | -2,731.1 Jan 2026 | monthly | Aug 1990 - Jan 2026 |
| Russia (USD mn) | 7,739.8 Jan 2026 | monthly | Jan 1998 - Jan 2026 |
| Saudi Arabia (USD mn) | 56,640.9 2025 | yearly | 1957 - 2025 |
| Serbia (USD mn) | -199.4 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Singapore (USD mn) | 3,583.7 Feb 2026 | monthly | Jan 1976 - Feb 2026 |
| Slovakia (USD mn) | -38.8 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Slovenia (USD mn) | -1,350.3 Jan 2026 | monthly | Nov 1991 - Jan 2026 |
| South Africa (USD mn) | 572.7 Jan 2026 | monthly | Oct 2004 - Jan 2026 |
| Spain (USD mn) | -6,310.7 Dec 2025 | monthly | Jan 1976 - Dec 2025 |
| Sri Lanka (USD mn) | -997.2 Dec 2025 | monthly | Jan 1982 - Dec 2025 |
| Sudan (USD mn) | -374.2 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Sweden (USD mn) | 693.1 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Switzerland (USD mn) | 7,328.6 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doPortugal Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.4 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | 3,449.979 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Tax Revenue (USD mn) | 27,008.651 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Tax Revenue: % of GDP (%) | 29.3 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| National Government Debt (USD mn) | 345,501.8 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Government Debt: % of GDP (%) | 89.6 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Forecast: Government Expenditure (EUR bn) | 156.693 2030 | yearly | 1986 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 280.157 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (EUR bn) | 153.396 2030 | yearly | 1986 - 2030 |
| General Govt Gross Debt: as % of GDP (%) | 89.600 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Government Budget: ytd: Expenditure: Capital (EUR mn) | 5,633.227 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) | 26,670.034 Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Government Budget: ytd: Expenditure (EUR mn) | 77,833.423 Dec 2025 | monthly | May 2009 - Dec 2025 |
| Government Budget: ytd: Revenue (EUR mn) | 70,331.848 Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) | 28,835.307 Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Government Budget: ytd: Balance (EUR mn) | -7,501.575 Dec 2025 | monthly | Dec 1992 - Dec 2025 |
| Government Budget: ytd: Expenditure: Current (EUR mn) | 72,200.196 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.587 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -2,947.3 Jan 2026 | monthly | Jan 1957 - Jan 2026 |
| Total Exports (USD mn) | 7,112.3 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Total Exports Growth (%) | -14.1 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| Aluminum: Exports (USD th) | 311,567.683 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 3,528,600.993 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 156,342.270 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 11,532.8 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Imports Growth (%) | -2.5 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| Imports: Medicament (USD th) | 2,985,797.474 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,408,935.558 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 333.892 Dec 2025 | monthly | Jan 1960 - Dec 2025 |
| Total Imports from USA (USD mn) | 160.970 Jan 2026 | monthly | Dec 1974 - Jan 2026 |
| Total Exports to China (USD mn) | 117.976 Jan 2026 | monthly | Sep 1994 - Jan 2026 |
| Total Imports from China (USD mn) | 502.896 Jan 2026 | monthly | Feb 1974 - Jan 2026 |
| Exports (EUR) | 6,056,131,411.000 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Exports: Plastics and Articles (EUR mn) | 273.632 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: Vehicles Other Than Railway and Tramway (EUR mn) | 693.045 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: Footwear and Gaiters (EUR mn) | 156.714 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: Electrical Machinery and Equipment (EUR mn) | 609.091 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 290.899 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: EU: Spain (EUR mn) | 1,592.424 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: EU: Germany (EUR mn) | 771.042 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Exports: EU: France (EUR mn) | 801.691 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports (EUR) | 8,565,776,255.000 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Imports: Vehicles Other Than Railway and Tramway (EUR mn) | 1,113.966 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 749.445 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: Electrical Machinery and Equipment (EUR mn) | 876.245 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: Plastics and Articles (EUR mn) | 337.024 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Imports: Nuclear Reactors, Boilers (EUR mn) | 740.783 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: EU: Spain (EUR mn) | 2,861.982 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: EU: France (EUR mn) | 660.390 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: EU: Germany (EUR mn) | 1,080.362 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Imports: Non EU: United States (EUR mn) | 137.066 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Export Value Index (2015=100) | 136.577 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 146.028 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.1 Jan 2026 | monthly | Dec 1997 - Jan 2026 |
| Household Debt: % of GDP (%) | 56.5 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Non-Performing Loans (USD mn) | 2,931.673 Jan 2026 | monthly | Dec 1997 - Jan 2026 |
| Money Supply M1 (USD mn) | 187,201.312 Jan 2026 | monthly | Dec 1979 - Jan 2026 |
| Money Supply M2 (USD mn) | 367,819.760 Jan 2026 | monthly | Dec 1979 - Jan 2026 |
| M2 Growth (%) | 5.4 Jan 2026 | monthly | Dec 1980 - Jan 2026 |
| Reserve Requirement Ratio (%) | 1.0 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 11,412.9 Feb 2026 | monthly | Dec 1999 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 2.918 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.1 Jan 2026 | monthly | Dec 1999 - Jan 2026 |
| Gold Reserves (USD mn) | 64,204.360 Feb 2026 | monthly | Dec 1956 - Feb 2026 |
| Total Deposits (USD mn) | 357,763.101 Jan 2026 | monthly | Dec 1979 - Jan 2026 |
| Total Deposits Growth (%) | 5.5 Jan 2026 | monthly | Dec 1980 - Jan 2026 |
| Domestic Credit (USD mn) | 402,023.1 Jan 2026 | monthly | Dec 1979 - Jan 2026 |
| Domestic Credit Growth (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Debt Service Ratio: Households (%) | 5.800 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 12.300 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Credit to Households (USD bn) | 189.539 Sep 2025 | quarterly | Dec 1979 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 458.668 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Household Debt (USD mn) | 198,211.4 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Total Loans (USD mn) | 273,960.540 Jan 2026 | monthly | Dec 1979 - Jan 2026 |
| Total Loans Growth (%) | 7.13 Jan 2026 | monthly | Dec 1980 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 71.30 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Money Supply: M3: National Contribution: EC: M2 (EUR mn) | 309,482.340 Jan 2026 | monthly | Sep 1997 - Jan 2026 |
| Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) | 157,510.570 Jan 2026 | monthly | Sep 1997 - Jan 2026 |
| Official Reserve Assets (EUR mn) | 67,871.020 Feb 2026 | monthly | Dec 1999 - Feb 2026 |
| Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) | 9,344.340 Feb 2026 | monthly | Dec 1999 - Feb 2026 |
| Outstanding Housing Credit (EUR) | 75,994.000 Jan 2026 | monthly | Nov 2003 - Jan 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 3.3 Feb 2026 | monthly | Jan 1988 - Feb 2026 |
| Coincident Indicator: Economic Activity (%) | 2.200 Jan 2026 | monthly | Jan 1978 - Jan 2026 |
| Economic Sentiment Index: sa (1990-2006=100) | 104.300 Feb 2026 | monthly | Jan 1987 - Feb 2026 |
More Indicators for Portugal
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