Portugal recorded a trade deficit of 2588.18 EUR Million in September of 2025. This dataset provides - Portugal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Portugal's Trade Balance

• Portugal's Trade Balance recorded a deficit of 3.0 USD bn in Sep 2025, compared with a deficit of 3.5 USD bn in the previous month
• Portugal's Trade Balance data is updated monthly, available from Jan 1957 to Sep 2025, with an averaged value of -814.6 USD mn
• The data reached an all-time high of 4.5 USD mn in Jan 1974 and a record low of -3.9 USD bn in Jul 2025

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 8.5 USD bn in Sep 2025, an increase of 9.4% YoY (year-on-year)
• Total Imports recorded 11.5 USD bn in Sep 2025, an increase of 9.4% YoY (year-on-year)

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Portugal (XTNTVA01PTQ664N) from Q1 1955 to Q3 2025 about Portugal, trade, Net, and goods.

The statistic shows Portugal's trade balance from 2014 to 2024. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2024, Portugal's trade deficit amounted to around ***** billion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Portugal (XTNTVA01PTM664N) from Jan 1955 to Sep 2025 about Portugal, trade, Net, and goods.

Portugal: Trade balance, billion USD: The latest value from 2024 is 7.26 billion U.S. dollars, an increase from 4.32 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Portugal from 1975 to 2024 is -5.75 billion U.S. dollars. The minimum value, -24.35 billion U.S. dollars, was reached in 2008 while the maximum of 7.26 billion U.S. dollars was recorded in 2024.

Portugal - Balance of trade was EUR-2296.60 Million in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Balance of trade - last updated from the EUROSTAT on November of 2025. Historically, Portugal - Balance of trade reached a record high of EUR-1609.20 Million in August of 2021 and a record low of EUR-3377.10 Million in July of 2025.

Portugal Trade Balance: Services: Zimbabwe data was reported at 1.000 EUR mn in 2021. This records an increase from the previous number of -3.000 EUR mn for 2020. Portugal Trade Balance: Services: Zimbabwe data is updated yearly, averaging -0.500 EUR mn from Dec 2014 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.000 EUR mn in 2021 and a record low of -3.000 EUR mn in 2020. Portugal Trade Balance: Services: Zimbabwe data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Portugal - International trade: Trade balance was EUR-28348.40 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - International trade: Trade balance - last updated from the EUROSTAT on December of 2025. Historically, Portugal - International trade: Trade balance reached a record high of EUR-9709.90 Million in December of 2013 and a record low of EUR-31158.80 Million in December of 2022.

Portugal's total Exports in 2024 were valued at US$83.01 Billion, according to the United Nations COMTRADE database on international trade. Portugal's main export partners were: Spain, Germany and France. The top three export commodities were: Vehicles other than railway, tramway; Electrical, electronic equipment and Mineral fuels, oils, distillation products. Total Imports were valued at US$112.64 Billion. In 2024, Portugal had a trade deficit of US$29.63 Billion.

Portugal Trade Balance: Services: Zambia data was reported at -1.000 EUR mn in 2023. This records a decrease from the previous number of 5.000 EUR mn for 2022. Portugal Trade Balance: Services: Zambia data is updated yearly, averaging -1.000 EUR mn from Dec 2015 (Median) to 2023, with 5 observations. The data reached an all-time high of 5.000 EUR mn in 2022 and a record low of -3.000 EUR mn in 2018. Portugal Trade Balance: Services: Zambia data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Portugal Trade Balance: Services: Djibouti data was reported at 1.000 EUR mn in 2022. Portugal Trade Balance: Services: Djibouti data is updated yearly, averaging 1.000 EUR mn from Dec 2022 (Median) to 2022, with 1 observations. The data reached an all-time high of 1.000 EUR mn in 2022 and a record low of 1.000 EUR mn in 2022. Portugal Trade Balance: Services: Djibouti data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Monthly and long-term Portugal Trade data: historical series and analyst forecasts curated by FocusEconomics.

Portugal: Trade balance, billion USD: Pour cet indicateur, La Banque mondiale fournit des données pour la Portugal de 1975 à 2024. La valeur moyenne pour Portugal pendant cette période était de -5.75 billion U.S. dollars avec un minimum de -24.35 billion U.S. dollars en 2008 et un maximum de 7.26 billion U.S. dollars en 2024.

Portugal Trade Balance: Services: Dominica data was reported at 1.000 EUR mn in 2023. This stayed constant from the previous number of 1.000 EUR mn for 2022. Portugal Trade Balance: Services: Dominica data is updated yearly, averaging 1.000 EUR mn from Dec 2022 (Median) to 2023, with 2 observations. The data reached an all-time high of 1.000 EUR mn in 2023 and a record low of 1.000 EUR mn in 2023. Portugal Trade Balance: Services: Dominica data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Portugal – Table PT.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Portugal - Intra-EU trade: Trade balance was EUR-23872.70 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Intra-EU trade: Trade balance - last updated from the EUROSTAT on November of 2025. Historically, Portugal - Intra-EU trade: Trade balance reached a record high of EUR-8727.50 Million in December of 2013 and a record low of EUR-24151.30 Million in December of 2023.

Portugal PT: Trade Balance: Advanced Economies: Canada data was reported at 24.851 USD mn in May 2018. This records a decrease from the previous number of 34.808 USD mn for Apr 2018. Portugal PT: Trade Balance: Advanced Economies: Canada data is updated monthly, averaging 0.400 USD mn from Jan 1960 (Median) to May 2018, with 693 observations. The data reached an all-time high of 54.380 USD mn in Jun 2008 and a record low of -52.085 USD mn in Jun 2003. Portugal PT: Trade Balance: Advanced Economies: Canada data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Portugal – Table PT.IMF.DOT: Trade Balance: by Country: Monthly.

Portugal - Net trade balance of energy products was EUR-2.10 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Net trade balance of energy products - last updated from the EUROSTAT on November of 2025. Historically, Portugal - Net trade balance of energy products reached a record high of EUR-1.60 Million in December of 2016 and a record low of EUR-4.70 Million in December of 2022.

Portugal PT: Trade Balance: Emerging and Developing Economies data was reported at -462.945 USD mn in May 2018. This records an increase from the previous number of -646.481 USD mn for Apr 2018. Portugal PT: Trade Balance: Emerging and Developing Economies data is updated monthly, averaging -167.640 USD mn from Jan 1960 (Median) to May 2018, with 695 observations. The data reached an all-time high of 68.146 USD mn in Apr 2014 and a record low of -1.193 USD bn in Jul 2008. Portugal PT: Trade Balance: Emerging and Developing Economies data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Portugal – Table PT.IMF.DOT: Trade Balance: by Country: Monthly.

Portugal - Extra-EU trade: Trade balance was EUR-4475.70 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Portugal - Extra-EU trade: Trade balance - last updated from the EUROSTAT on November of 2025. Historically, Portugal - Extra-EU trade: Trade balance reached a record high of EUR866.30 Million in December of 2015 and a record low of EUR-10283.30 Million in December of 2022.