Portugal Trade Balance

Key information about Portugal's Trade Balance

• Portugal's Trade Balance recorded a deficit of 2.7 USD bn in Nov 2024, compared with a deficit of 2.8 USD bn in the previous month
• Portugal's Trade Balance data is updated monthly, available from Jan 1957 to Nov 2024, with an averaged value of -659.1 USD mn
• The data reached an all-time high of 4.5 USD mn in Jan 1974 and a record low of -3.5 USD bn in Apr 2008

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Portugal provides Total Exports and Total Imports in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1993 is sourced from the International Monetary Fund.

Further information about Portugal's Trade Balance

• In the latest reports, Portugal's Total Exports reached 7.2 USD bn in Nov 2024, a decrease of 7.5% YoY (year-on-year)
• Total Imports recorded 9.0 USD bn in Apr 2023, an increase of 7.5% YoY (year-on-year)

View Portugal's Trade Balance from Jan 1957 to Nov 2024 in the chart:

What was Portugal's Trade Balance in Nov 2024?

Portugal's Trade Balance recorded a deficit of 2.7 USD bn in Nov 2024, compared with a deficit of 2.8 USD bn in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-2,657.5 Nov 2024	-2,755.8 Oct 2024	-3,507.9 Apr 2008	4.5 Jan 1974	USD mn	monthly	Jan 1957 - Nov 2024

Trade Balance by Country Comparison

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Portugal Key Series

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