Portugal Trade Balance
Key information about Portugal's Trade Balance
- Portugal's Trade Balance recorded a deficit of 3.0 USD bn in Sep 2025, compared with a deficit of 3.5 USD bn in the previous month
- Portugal's Trade Balance data is updated monthly, available from Jan 1957 to Sep 2025, with an averaged value of -814.6 USD mn
- The data reached an all-time high of 4.5 USD mn in Jan 1974 and a record low of -3.9 USD bn in Jul 2025
Further information about Portugal's Trade Balance
- In the latest reports, Portugal's Total Exports reached 8.5 USD bn in Sep 2025, an increase of 9.4% YoY (year-on-year)
- Total Imports recorded 11.5 USD bn in Sep 2025, an increase of 9.4% YoY (year-on-year)
View Portugal's Trade Balance from Jan 1957 to Sep 2025 in the chart:
What was Portugal's Trade Balance in Sep 2025?
Portugal's Trade Balance recorded a deficit of 3.0 USD bn in Sep 2025, compared with a deficit of 3.5 USD bn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3,038.3 Sep 2025 | -3,481.3 Aug 2025 | -3,924.4 Jul 2025 | 4.5 Jan 1974 | USD mn | monthly | Jan 1957 - Sep 2025 |
Trade Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -587.1 Oct 2025 | monthly | Oct 1998 - Oct 2025 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 775.0 Oct 2025 | monthly | Jan 1991 - Oct 2025 |
| Armenia (USD mn) | -449.2 Oct 2025 | monthly | Nov 1995 - Oct 2025 |
| Australia (USD mn) | 2,598.3 Sep 2025 | monthly | Jul 1971 - Sep 2025 |
| Austria (USD mn) | -2,207.8 Aug 2025 | monthly | Jan 1957 - Aug 2025 |
| Azerbaijan (USD mn) | 536.5 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Bahrain (USD mn) | 3,607.2 2024 | yearly | 1966 - 2024 |
| Bangladesh (USD mn) | -1,770.9 Sep 2025 | monthly | Jul 1986 - Sep 2025 |
| Belarus (USD mn) | -224.2 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Belgium (USD mn) | 4,412.6 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Bolivia (USD mn) | 68.2 Sep 2025 | monthly | Oct 1994 - Sep 2025 |
| Bosnia and Herzegovina (USD mn) | -599.6 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Botswana (USD mn) | -143.2 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Brazil (USD mn) | 6,964.4 Oct 2025 | monthly | Jan 1959 - Oct 2025 |
| Brunei (USD mn) | 275.8 Sep 2025 | monthly | Jan 2010 - Sep 2025 |
| Bulgaria (USD mn) | -1,177.2 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Cambodia (USD mn) | -451.0 May 2025 | monthly | Jan 2010 - May 2025 |
| Canada (USD mn) | -4,583.7 Aug 2025 | monthly | Jan 1988 - Aug 2025 |
| Chile (USD mn) | 1,449.3 Oct 2025 | monthly | Jan 1968 - Oct 2025 |
| China (USD mn) | 90,074.2 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Colombia (USD mn) | -1,507.5 Sep 2025 | monthly | Jan 1958 - Sep 2025 |
| Croatia (USD mn) | -1,577.3 Aug 2025 | monthly | Jan 1993 - Aug 2025 |
| Cyprus (USD mn) | -834.2 Sep 2025 | monthly | Jan 1957 - Sep 2025 |
| Czech Republic (USD mn) | 4,024.0 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Denmark (USD mn) | 4,740.9 Sep 2025 | monthly | Jan 1997 - Sep 2025 |
| Ecuador (USD mn) | 185.6 Sep 2025 | monthly | Mar 1992 - Sep 2025 |
| Egypt (USD mn) | -3,174.0 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Estonia (USD mn) | -342.9 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| European Union (USD mn) | 18,313.5 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Finland (USD mn) | -504.8 Sep 2025 | monthly | Jan 1992 - Sep 2025 |
| France (USD mn) | -7,719.6 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Georgia (USD mn) | -775.4 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Germany (USD mn) | 17,819.8 Sep 2025 | monthly | Jan 1957 - Sep 2025 |
| Ghana (USD mn) | 49.0 Aug 2025 | monthly | Mar 2005 - Aug 2025 |
| Greece (USD mn) | -3,137.6 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Hong Kong SAR, China (USD mn) | -5,138.2 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Hungary (USD mn) | 829.8 Oct 2025 | monthly | Jan 1976 - Oct 2025 |
| Iceland (USD mn) | -151.4 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| India (USD mn) | -41,680.0 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Indonesia (USD mn) | 2,393.2 Oct 2025 | monthly | Jan 1967 - Oct 2025 |
| Iran (USD mn) | 43,142.0 2024 | yearly | 1948 - 2024 |
| Ireland (USD mn) | 18,932.9 Sep 2025 | monthly | Jan 1970 - Sep 2025 |
| Israel (USD mn) | -2,779.4 Oct 2025 | monthly | Jan 1988 - Oct 2025 |
| Italy (USD mn) | 5,377.6 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Ivory Coast (USD mn) | 1,062.6 Jul 2025 | monthly | Jan 1981 - Jul 2025 |
| Japan (USD mn) | -27.9 Oct 2025 | monthly | Apr 1995 - Oct 2025 |
| Jordan (USD mn) | -1,199.6 Sep 2025 | monthly | Jan 1972 - Sep 2025 |
| Kazakhstan (USD mn) | 1,465.7 Sep 2025 | monthly | Sep 1995 - Sep 2025 |
| Kenya (USD mn) | -1,175.1 Sep 2025 | monthly | Oct 1992 - Sep 2025 |
| South Korea (USD mn) | 9,735.0 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Kosovo (USD mn) | -617.0 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Kuwait (USD mn) | 2,272.5 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Kyrgyzstan (USD mn) | -818.0 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Laos (USD mn) | 418.6 Sep 2025 | quarterly | Dec 1992 - Sep 2025 |
| Latvia (USD mn) | -418.2 Sep 2025 | monthly | Jan 1995 - Sep 2025 |
| Lebanon (USD mn) | -1,230.5 Aug 2025 | monthly | Jan 1993 - Aug 2025 |
| Lithuania (USD mn) | -760.5 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Luxembourg (USD mn) | -791.4 Sep 2025 | monthly | Jan 1988 - Sep 2025 |
| Macau SAR, China (USD mn) | -1,239.3 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| North Macedonia (USD mn) | -297.3 Sep 2025 | monthly | Dec 1993 - Sep 2025 |
| Malawi (USD mn) | -173.1 Jul 2025 | monthly | Jan 1964 - Jul 2025 |
| Malaysia (USD mn) | 4,645.2 Oct 2025 | monthly | Jan 1990 - Oct 2025 |
| Malta (USD mn) | -361.4 Sep 2025 | monthly | Jan 1960 - Sep 2025 |
| Mauritius (USD mn) | -336.9 Sep 2025 | monthly | Jan 2006 - Sep 2025 |
| Mexico (USD mn) | 1,411.4 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Moldova (USD mn) | -591.6 Sep 2025 | monthly | Jan 1992 - Sep 2025 |
| Mongolia (USD mn) | 677.6 Oct 2025 | monthly | Jan 1997 - Oct 2025 |
| Montenegro (USD mn) | -408.7 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Morocco (USD mn) | -4,124.6 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Mozambique (USD mn) | -85.3 Jun 2025 | monthly | Jan 2011 - Jun 2025 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -1,007.4 Sep 2025 | monthly | Aug 1974 - Sep 2025 |
| Netherlands (USD mn) | 14,238.2 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| New Zealand (USD mn) | -888.7 Oct 2025 | monthly | Jan 1960 - Oct 2025 |
| Nigeria (USD mn) | 2,213.2 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Norway (USD mn) | 5,633.2 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Oman (USD mn) | -137.8 Sep 2025 | monthly | Jan 1975 - Sep 2025 |
| Pakistan (USD mn) | -3,404.1 Sep 2025 | monthly | Jan 1968 - Sep 2025 |
| Palestinian Territory (USD mn) | -491.1 Sep 2025 | monthly | Jan 2011 - Sep 2025 |
| Panama (USD mn) | -1,108.4 Sep 2025 | monthly | Jan 1964 - Sep 2025 |
| Paraguay (USD mn) | -191.7 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Peru (USD mn) | 3,654.0 Sep 2025 | monthly | Jan 1985 - Sep 2025 |
| Philippines (USD mn) | -3,827.8 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Poland (USD mn) | -96.2 Sep 2025 | monthly | Jan 1986 - Sep 2025 |
| Portugal (USD mn) | -3,038.3 Sep 2025 | monthly | Jan 1957 - Sep 2025 |
| Qatar (USD mn) | 3,724.7 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Romania (USD mn) | -2,915.3 Sep 2025 | monthly | Aug 1990 - Sep 2025 |
| Russia (USD mn) | 15,396.1 Sep 2025 | monthly | Jan 1998 - Sep 2025 |
| Saudi Arabia (USD mn) | 72,543.2 2024 | yearly | 1957 - 2024 |
| Serbia (USD mn) | -806.5 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Singapore (USD mn) | 5,573.4 Oct 2025 | monthly | Jan 1976 - Oct 2025 |
| Slovakia (USD mn) | 502.8 Sep 2025 | monthly | Jan 2004 - Sep 2025 |
| Slovenia (USD mn) | 682.5 Sep 2025 | monthly | Nov 1991 - Sep 2025 |
| South Africa (USD mn) | 902.1 Oct 2025 | monthly | Oct 2004 - Oct 2025 |
| Spain (USD mn) | -6,370.4 Sep 2025 | monthly | Oct 1975 - Sep 2025 |
| Sri Lanka (USD mn) | -1,007.4 Oct 2025 | monthly | Jan 1982 - Oct 2025 |
| Sudan (USD mn) | -260.4 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Sweden (USD mn) | 159.1 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
| Switzerland (USD mn) | 2,634.2 Oct 2025 | monthly | Jan 1957 - Oct 2025 |
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Learn more about what we doPortugal Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | 1,601.362 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Tax Revenue (USD mn) | 19,328.550 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Tax Revenue: % of GDP (%) | 22.4 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| National Government Debt (USD mn) | 345,383.7 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Government Debt: % of GDP (%) | 97.6 Sep 2025 | quarterly | Dec 1995 - Sep 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 |
| Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) | 21,000.700 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Government Budget: ytd: Expenditure: Capital (EUR mn) | 3,372.733 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Government Budget: ytd: Expenditure (EUR mn) | 60,259.798 Oct 2025 | monthly | May 2009 - Oct 2025 |
| Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) | 22,801.247 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Government Budget: ytd: Balance (EUR mn) | -4,270.494 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Government Budget: ytd: Expenditure: Current (EUR mn) | 56,887.064 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Government Budget: ytd: Revenue (EUR mn) | 55,989.304 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| General Govt Gross Debt: as % of GDP (%) | 95.000 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.806 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -3,038.3 Sep 2025 | monthly | Jan 1957 - Sep 2025 |
| Total Exports (USD mn) | 8,494.6 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Exports Growth (%) | 14.3 Sep 2025 | monthly | Jan 1994 - Sep 2025 |
| 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 (%) | 9.4 Sep 2025 | monthly | Jan 1994 - Sep 2025 |
| 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) | 357.620 Sep 2025 | monthly | Jan 1960 - Sep 2025 |
| Total Imports from USA (USD mn) | 366.104 Sep 2025 | monthly | Dec 1974 - Sep 2025 |
| Total Exports to China (USD mn) | 57.427 Sep 2025 | monthly | Sep 1994 - Sep 2025 |
| Total Imports from China (USD mn) | 661.701 Sep 2025 | monthly | Feb 1974 - Sep 2025 |
| Exports (EUR) | 5,648,239,016.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Exports: Electrical Machinery and Equipment (EUR mn) | 611.175 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Exports: Vehicles Other Than Railway and Tramway (EUR mn) | 692.408 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Exports: Footwear and Gaiters (EUR mn) | 166.586 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Exports: Plastics and Articles (EUR mn) | 303.961 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 430.220 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Exports: EU: Spain (EUR mn) | 1,512.488 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: EU: Germany (EUR mn) | 574.311 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: EU: France (EUR mn) | 670.172 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports (EUR) | 8,557,100,414.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Imports: Vehicles Other Than Railway and Tramway (EUR mn) | 990.203 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Nuclear Reactors, Boilers (EUR mn) | 711.929 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Imports: Electrical Machinery and Equipment (EUR mn) | 862.399 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 784.642 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Imports: Plastics and Articles (EUR mn) | 369.151 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Imports: EU: Germany (EUR mn) | 887.129 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: EU: Spain (EUR mn) | 3,000.707 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: EU: France (EUR mn) | 618.247 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Non EU: United States (EUR mn) | 133.590 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| 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 (%) | 1.2 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Household Debt: % of GDP (%) | 56.0 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Non-Performing Loans (USD mn) | 2,969.846 Oct 2025 | monthly | Dec 1997 - Oct 2025 |
| Money Supply M1 (USD mn) | 175,751.669 Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Money Supply M2 (USD mn) | 353,348.016 Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| M2 Growth (%) | 6.0 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Reserve Requirement Ratio (%) | 1.0 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 6,995.2 Sep 2025 | monthly | Dec 1999 - Sep 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 1.978 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.6 Sep 2025 | monthly | Dec 1999 - Sep 2025 |
| Gold Reserves (USD mn) | 46,911.414 Sep 2025 | monthly | Dec 1956 - Sep 2025 |
| Total Deposits (USD mn) | 345,941.822 Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Total Deposits Growth (%) | 6.1 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Domestic Credit (USD mn) | 391,872.9 Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Domestic Credit Growth (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Debt Service Ratio: Households (%) | 6.000 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.000 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Credit to Households (USD bn) | 167.383 Mar 2025 | quarterly | Dec 1979 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 408.050 Mar 2025 | quarterly | Mar 1957 - Mar 2025 |
| Household Debt (USD mn) | 198,211.4 Sep 2025 | quarterly | Dec 2007 - Sep 2025 |
| Total Loans (USD mn) | 261,658.822 Oct 2025 | monthly | Dec 1979 - Oct 2025 |
| Total Loans Growth (%) | 6.76 Oct 2025 | monthly | Dec 1980 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 71.50 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) | 152,284.610 Oct 2025 | monthly | Sep 1997 - Oct 2025 |
| Money Supply: M3: National Contribution: EC: M2 (EUR mn) | 306,167.590 Oct 2025 | monthly | Sep 1997 - Oct 2025 |
| Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) | 4,064.740 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Official Reserve Assets (EUR mn) | 41,758.660 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Outstanding Housing Credit (EUR) | 68,992.000 Jan 2025 | monthly | Nov 2003 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 4.5 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Economic Sentiment Index: sa (1990-2006=100) | 107.200 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| Coincident Indicator: Economic Activity (%) | 1.600 Jan 2025 | monthly | Jan 1978 - Jan 2025 |
More Indicators for Portugal
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