Net trade in goods in Portugal
Portugal: Net trade in goods was -27.64 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Portugal, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Portugal is -27.64 billion BoP, current US$, measured in 2024.
The figure is down 1.2% on the previous year and down 115.8% over ten years.
Over the whole period, net trade in goods in Portugal peaked at -1.43 billion BoP, current US$ in 1985 and was at its lowest, -35.31 billion BoP, current US$, in 2008.
That places Portugal 186th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.06 billion BoP, current US$ | -2.57 billion BoP, current US$ | -1.60 billion BoP, current US$ | 5 |
| 1980s | -3.74 billion BoP, current US$ | -6.95 billion BoP, current US$ | -1.43 billion BoP, current US$ | 10 |
| 1990s | -9.92 billion BoP, current US$ | -15.72 billion BoP, current US$ | -6.68 billion BoP, current US$ | 10 |
| 2000s | -21.60 billion BoP, current US$ | -35.31 billion BoP, current US$ | -14.66 billion BoP, current US$ | 10 |
| 2010s | -15.53 billion BoP, current US$ | -25.80 billion BoP, current US$ | -10.80 billion BoP, current US$ | 10 |
| 2020s | -23.19 billion BoP, current US$ | -27.77 billion BoP, current US$ | -14.36 billion BoP, current US$ | 5 |
Countries ranked near Portugal
- 183 Bangladesh -22.22 billion BoP, current US$ compare
- 184 Canada -22.68 billion BoP, current US$ compare
- 185 Israel -26.10 billion BoP, current US$ compare
- 187 Pakistan -31.09 billion BoP, current US$ compare
- 188 Ukraine -32.99 billion BoP, current US$ compare
- 189 Morocco -33.46 billion BoP, current US$ compare
More economy & growth data for Portugal
- Exports of goods and services 0.4% (2025)
- Gross national expenditure 303.95 billion current LCU (2025)
- Gross national expenditure 253.36 billion constant 2015 US$ (2025)
- Industry (including construction), value added 18.3% (2025)
- Gross national expenditure 99.1% (2025)
- Exports of goods and services 151.34 billion current US$ (2025)
- Exports of goods and services 133.93 billion current LCU (2025)
- Exports of goods and services 115.56 billion constant 2015 US$ (2025)
- Gross fixed capital formation 3.6% (2025)
- Gross fixed capital formation 49.82 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net trade in goods in Portugal?
- Net trade in goods in Portugal was -27.64 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Portugal?
- The highest recorded value was -1.43 billion BoP, current US$ in 1985.
- What is the lowest net trade in goods recorded in Portugal?
- The lowest recorded value was -35.31 billion BoP, current US$ in 2008.
- How does Portugal rank for net trade in goods?
- Portugal ranks 186th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Portugal?
- Over the last ten years it is down 115.8%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.