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Statistical data (Portugal)

Economic Indicators

2019(a) 2020(a) 2021(b) 2022(b)
Population (million) 10.3 10.3 10.3 10.3
GDP (US$ billion) 239.5 231.0 255.9 264.2
Real GDP growth rate (%) 2.5 -7.6 4.1 5.1
Total exports (US$ billion) 64.9 59.7 82.5 77.1
Total imports (US$ billion) -83.1 -73.6 -100.4 -95.3
EU Unified Consumer Price Index (%) 0.3 -0.1 0.6 0.9
Current account balance (US$ billion) 0.9 -2.6 -7.8 -7.4
Exchange rate (Euro EUR : USD) 0.89 0.88 0.84 0.85
Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU). Source: Country Report Q3 2021 (Portugal) by the British Economist Intelligence Unit

Main export and import goods destinations

Main export destinations (2021) Proportion in total value of exports goods (%)
Spain 26.7
France 13.1
Germany 11
United Kingdom 5.6
Others 43.6
Main origins for import (2021) Proportion in total value of imports goods (%)
Spain 32.8
Germany 12.4
France 6.7
The Netherlands 5.3
Others 42.8
Source: International Trade Center (ITC)

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 12.7
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
Plastics and articles thereof 5.5
Others 67.5
Major import goods (2021) Proportion in total value of imports goods (%)
Vehicles other than railway or tramway rolling-stock and parts 9.5
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. 9.8
Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. 9
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 11.4
Source: International Trade Center (ITC)

Statistics on Trade in Services

Main Exports Services (2021) Proportion in total value of exports services (%)
Tourism 36.8
Transportation 20.6
Other Business Services 20
Other 22.6
Main Imports Services (2021) Proportion in total value of imports services (%)
Transportation 26.9
Other Business Service 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 goods between Mainland China and Portugal (Thousand US dollars)

Year Total trade Total exports value * Total imports value **
2022 9,014,190 6,000,128 3,036,088
2021 8,808,969 5,354,290 3,454,679
2020 6,963,755 4,191,530 2,772,225
2019 6,689,811 4,367,511 2,322,300
2018 6,000,128 3,751,270 2,248,858
Remarks: * Value of goods exported to Portugal from Mainland China; **Value 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 goods between Macao and Portugal (US$) (1 USD»8 MOP)

Year Total trade Total exports* Total imports**
2022 34,823,300 103,876 34,719,424
2021 35,026,938 257,516 34,769,422
2020 34,129,839.9 1,317,183.0 32,812,656.9
2019 40,764,237.3 44,098.9 40,720,138.4
2018 44,172,104.4 3,030,674.4 41,141,430.0
Remarks: * Value of goods exported to Portugal from Macao; **Value 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
  • “2020 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China
  • General Administration of Customs of the People’s Republic of China
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • International Trade Center (ITC)
  • Country Report Q3 2021 (Portugal) by the British Economist Intelligence Unit
  • 2021 World Investment Report by the UNCTAD
Updated in February 2023.