image_pdfimage_print
Statistical data (Portugal)

Main Economic Indicators of the recent three years

Indicator 2021 2022 2023
Population (million) 10.30 10.30 10.31
GDP (US$ billion) 255.71 255.40 287.42
Real GDP Growth Rate (%) 5.7 6.8 2.3
Total Export of Goods (US$ million) 75,229 82,463 83,901
Total Import of Goods (US$ million) 98,200 115,080 113,475
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%) 0.9 8.1 5.3
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 (%)
Spain 26.8  
France 13.1  
Germany 11.0  
United States 5.6  
Others 43.5  
Main origins for import (2021) Proportion in total value of imports goods (%)  
Spain 32,8  
France 12,4  
Germany 6,7  
United States 5,3  
Others 42,8  

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 Mainland China 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 Mainland China; “Imports” refers of goods imported from Portugal to Mainland China

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.