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Portugal Exports (% GDP)

Portugal's exports (% GDP) fell to 46.48% in 2024, down from 47.51% in 2023, according to World Bank. This represents a decrease of 1.03% from the previous year. Portugal has exports (% GDP) higher than the global median (46.48% vs median 37.25%). Compared with the median in Europe, Portugal is lower (46.48% vs regional median 53.65%) and ranks 27th out of 44 countries in Europe.

Portugal's imports (% GDP) fell to 44.66% in 2024, down from 46.36% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Exports (% GDP)
2024 46.48%
2023 47.51%
2022 49.48%
2021 41.55%
2020 37.26%
2019 43.65%
2018 43.68%
2017 42.94%
2016 40.36%
2015 40.69%
2014 40.19%
2013 39.56%
2012 37.72%
2011 34.41%
2010 30.03%
2009 27.29%
2008 31.26%
2007 31.19%
2006 30.36%
2005 27.08%
2004 27.67%
2003 27.37%
2002 27.07%
2001 27.44%
2000 28.2%
1999 26.48%
1998 27.33%
1997 27.15%
1996 26.55%
1995 26.77%
1994 25.13%
1993 23.6%
1992 24.46%
1991 26.55%
1990 29.17%
1989 29.47%
1988 27.64%
1987 27.34%
1986 25.99%
1985 29.24%
1984 29.18%
1983 24.55%
1982 20.68%
1981 20.33%
1980 21.46%
1979 21.2%
1978 15.76%
1977 14.43%
1976 13.66%
1975 15.98%
1974 21.05%
1973 20.94%
1972 21.34%
1971 19.65%
1970 19.11%
Portugal Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Portugal compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $83.01B $83.62B 2024
Annual Imports $112.64B $113.69B 2024
Balance of Trade -€3B -€3.3B Aug'25
Exports €5.1B €7B Aug'25
FDI Inflows (% GDP) 4.27% 3.95% 2024
Imports €8.1B €10.3B Aug'25
Imports (% GDP) 44.66% 46.36% 2024
Net Trade (Goods & Services, BoP) $7.26B $4.32B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 91.14% 93.86% 2024