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Portugal Imports (% GDP)

Portugal's imports (% GDP) fell to 44.66% in 2024, down from 46.36% in 2023, according to World Bank. This represents a decrease of 1.7% from the previous year. Portugal has imports (% GDP) lower than the global median (44.66% vs median 45.74%). Compared with the median in Europe, Portugal is lower (44.66% vs regional median 57.20%) and ranks 32nd out of 44 countries in Europe.

Portugal's exports (% GDP) fell to 46.48% in 2024, down from 47.51% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Imports (% GDP)
2024 44.66%
2023 46.36%
2022 51.88%
2021 44.33%
2020 39.25%
2019 43.12%
2018 43.06%
2017 41.87%
2016 39.17%
2015 39.95%
2014 40.04%
2013 38.47%
2012 38.22%
2011 38.6%
2010 37.66%
2009 34.2%
2008 40.81%
2007 38.75%
2006 38.19%
2005 35.86%
2004 35.54%
2003 33.77%
2002 35.23%
2001 37.65%
2000 39.25%
1999 36.83%
1998 36.5%
1997 35.15%
1996 33.66%
1995 33.14%
1994 32.04%
1993 30.58%
1992 31.85%
1991 33.82%
1990 35.89%
1989 35.4%
1988 35.56%
1987 32.24%
1986 28.03%
1985 32.27%
1984 35.23%
1983 34.38%
1982 35.08%
1981 35.25%
1980 32.78%
1979 29.54%
1978 25.37%
1977 26.09%
1976 24.06%
1975 25.55%
1974 32.89%
1973 26.3%
1972 24.89%
1971 25.02%
1970 24.1%
Portugal Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 46.48% 47.51% 2024
FDI Inflows (% GDP) 4.27% 3.95% 2024
Imports €8.1B €10.3B Aug'25
Net Trade (Goods & Services, BoP) $7.26B $4.32B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 91.14% 93.86% 2024