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Statistical data (Portugal)

Main Economic Indicators of the recent three years

Indicator202120222023
Population (million)10.3010.3010.31
GDP (US$ billion)255.71255.40287.42
Real GDP Growth Rate (%)5.76.82.3
Total Export of Goods (US$ million)75,22982,46383,901
Total Import of Goods (US$ million)98,200115,080113,475
Total Export of Services (US$ million)32,238*46,537*55,950
Total Import of Services (US$ million)20,186*23,877*25,613
Inflation measured by the Consumer Price Index (Annual Inflation rate%)0.98.15.3
Current Account Balance (US$ billion)-1.936-2.932-3.945

Source: “ *” Data from World Trade Organization (WTO) and the others from International Monetary Fund (IMF)

Main export and import goods destinations

Main export destinations (2021)Proportion in total value of exports goods (%)
Spain26.8 
France13.1 
Germany11.0 
United States5.6 
Others43.5 
Main origins for import (2021)Proportion in total value of imports goods (%) 
Spain32,8 
France12,4 
Germany6,7 
United States5,3 
Others42,8 

Source: International Monetary Fund (IMF)

Main export and import goods

Major export goods (2021)Proportion in total value of exports goods (%)
Vehicles other than railway or tramway rolling-stock and parts

12.6

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles.

7.8

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

6.5

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

5.8

Others

67.3

Major import goods (2021)Proportion in total value of imports goods (%)
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

11.4

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

9.6

Vehicles other than railway or tramway rolling-stock and parts

9.5

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

9.0

Others

71.9

Source: International Trade Center (ITC)

Statistics on Trade in Services

Main Exports Services (2021)

Proportion in total value of exports services (%)

Tourism

36.8

Transport

20.7

Other business services

20.0

Other

22.5

Main Imports Services (2021)Proportion in total value of imports services (%)

Other business service

26.9

Transport

26.7

Tourism

20.3

Other

26.1

Remarks:The above content is the estimated data of UNCTAD, WTO and ITC.

Source: International Trade Centre

Statistics on the Trade of Goods between the Chinese mainland and Portugal of recent three years (US$ thousands)

Year

Total Trade

Total Exports Value

Total Imports Value

2023

8,704,249

5,792,275

2,911,974

2022

9,014,190

5,978,102

3,036,088

2021

8,808,969

5,354,290

3,454,679

Remarks: “ Exports”  refers  of goods exported to Portugal from the Chinese mainland; “Imports” refers of goods imported from Portugal to the Chinese mainland

Source of Data: General Administration of Customs of the People’s Republic of China

Statistics on the Trade of Goods between the Macao SAR and Portugal of recent three years (US$) (USD 1 ≈ MOP 8)

Year

Total Trade

Total Exports Value

Total Imports Value

2023

38,987,289.0

21,981.8

38,965,307.3

2022

34,823,301.0

103,876.9

34,719,424.1

2021

35,026,938.1

257,516.0

34,769,422.1

Remarks: “ Exports”  refers of goods exported to Portugal from Macao; “ Imports”  refers of goods imported from Portugal to Macao.

Source of Data: Statistics and Census Service (DSEC), Macao SAR Government

Source of Data:

  • “Country (region) guide for foreign investment co-operation (Portugal)” by the Ministry of Commerce of the People’s Republic of China
  • “2022 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
  • General Administration of Customs of the People’s Republic of China
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • International Monetary Fund (IMF)
  • World Trade Organization (WTO)
  • International Trade Center (ITC)
  • “2023 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)

Updated in June 2024.