IMPORT EXPORT
Portugal import Statistics

Portugal Import Data

The Republic of Portugal is another name for Portugal. Situated on the Iberian Peninsula in Southwest Europe lies the nation. Portugal is primarily surrounded by ocean, and it borders Spain and Morocco on two sides. It is a developed nation with a strong rate of economic growth. The nation is ranked 45th in the world for having some of the most complex economies, and 47th in the world for GDP. Portugal ranked 39th out of 226 nations in terms of overall imports in 2022, according to import data. According to Portugal's import data, Portugal imported goods worth a total of $115.03 billion in 2022. Portugal's imports of goods rose by 17.2% in 2022 over 2021. In 2022, imports of goods increased by $16.7 billion. In today's globalized world, understanding trade trends and analyzing import data has become essential for businesses and policymakers alike. Portugal, with its strategic location and growing economy, has emerged as a significant player in the international trade arena. Let us gain insights into Portugal's import data, with a specific focus on the latest trends and developments in 2022.

Portugal Import Data | Portugal Customs Data

39

The country has been ranked 39th in global imports, showing a significant position in the international trade landscape.

0.43%

With a mere 0.43% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

SPAIN

Spain holds a significant role as the largest import partner of the country in terms of goods imports.

PETROLEUM OILS AND CRUDE

Petroleum oils and crude are the major and biggest import commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
import

Top 10 imports of Portugal

Portugal, as a thriving economy and member of the European Union, relies on various imports to meet its domestic needs and support its industries. The top 10 imports of Portugal encompass a diverse range of goods. According to the Portugal import data, Portugal’s top 10 imports in 2022 are:

  • Petroleum oils and oils obtained from bituminous minerals, crude: 6.72% ($7.75 billion)
  • Petroleum gases and other gaseous hydrocarbons: 4.41% ($5.08 billion)
  • Motor cars and other motor vehicles: 4.26% ($4.92 billion)
  • Petroleum oils and waste oils: 3.36% ($3.88 billion)
  • Parts and accessories of the motor vehicles: 2.99% ($3.44 billion)
  • Medicaments: 2.13% ($2.46 billion)
  • Electrical energy: 1.93% ($2.22 billion)
  • Electronic integrated circuits: 1.41% ($1.63 billion)
  • Electrical apparatus: 1.26% ($1.45 billion)
  • Semiconductor devices: 1.26% ($1.45 billion)
    • Partners

    Top 10 Import Partners of Portugal

    Portugal's major import partners, further fostering its trade relations, contribute significantly to Portugal's trade network, ensuring a steady supply of essential goods and facilitating economic growth. Portugal’s top 10 import partners in 2022 include:

    Value In Percentage(%)

  • Spain: 31% (36 billion US$)
  • Germany: 11% (12.7 billion US$)
  • France: 6.09% (7.03 billion US$)
  • China: 5.09% (5.87 billion US$)
  • Netherlands: 5.02% (5.78 billion US$)
  • Italy: 4.83% (5.56 billion US$)
  • Brazil: 4.17% (4.8 billion US$)
  • USA: 3.19% (3.68 billion US$)
  • Belgium: 3.16% (3.64 billion US$)
  • Nigeria: 1.77% (2.04 billion US$)
    • Sample Data

    Understanding Portugal's Import Scenario

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Portugal has a strong economy that heavily relies on importing goods from various countries. The import data of Portugal provides valuable insights into the types of products being imported, their origin, and the overall trade dynamics. Analyzing this data helps businesses make informed decisions, identify potential market opportunities, and stay ahead of the competition. According to Portugal's customs data for imports, Portugal imported goods worth a total of $105 billion in 2022. We offer you highly helpful and relevant Portugal import data and trade data information. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from establishments, shipping businesses, and approved ports in Portugal. Portugal trade data contains a range of fields, such as HS codes and product descriptions that include the amount, price, and units of each commodity being delivered.

    Benefits

    Benefits of Portugal’s Import Data

  • Expand your company into the Portuguese Market
  • Discover the current product demand and pricing estimates for Portugal.
  • Track and Keep an Eye on the Shipments Records of Your Rivals.
  • Make your marketing plan based on data.
  • Make a lasting impression with your brand in Portugal.
  • Establish future company objectives and increase ROI.

    • Frequently Asked Questions!!

    Portugal's main imports are petroleum oils and mineral fuels in 2022.

    According to the latest import data, Portugal imported $105 billion in goods imports in 2022.

    The top countries that Portugal imports from are Spain, Germany, France, and Italy.

    The major products that Portugal imports from Spain are machinery, mineral fuels, and vehicles.

    According to the import data, the biggest increase in imports for Portugal in 2022 was in the category of mineral fuels and oils, with a 12% increase compared to the previous year.

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