It is a member State of the European Union ( more info ). Portugal exports to countries outside the EU also support around 63 thousand jobs in the rest of the EU. Exports and imports of goods increased by 28.8% and 12.2%, in nominal terms, partially reflecting the comparison with a month already affected by the pandemic. U.S. seafood products are very well rated and in demand in the Portuguese … Trade Map is part of a suite of Market Analysis Tools developed by ITC. Data for United Kingdom. After a few months at home it feels good to spend a few days on the beach enjoying the outdoors and feeling the sea breeze. India imported shipments valued of USD 0 from Portugal during period 01-11-2016 to 24-11-2016 . Portugal Metadata on International Merchandise Trade Statistics Comtrade Explanatory Notes. Statistics: (1) Wheat trade statistics include wheat, flour, and selected pasta products on a grain equivalent basis. Table reflects only those months for which there was trade… The economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019.. The United States is Portugal’s largest trading partner outside the European Union. Bilateral trade in goods and services reached $8.9 billion in 2019, a six percent increase from the previous year. In 2019, the United States exported $1.72 billion in goods to Portugal, with machinery, mineral fuels, aircraft, and vehicles as the leading products. The economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019.. The U.S. monthly international trade deficit decreased in April 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. Five year forecasts of market trends and market growth. Textiles and Apparel Imports by Country. (Portugal’s population is roughly that of the Chicago metro area, about 10 million.) A-Z. Portugal - Market OverviewPortugal- Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S. market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements. Select a trading partner and specific variables (e.g., country, province, state, year, month, or frequency) or search by commodity or Harmonized System code. 23 %. Data for Switzerland. 28 April 2021. The MCCI is a dynamic actor in the socio-economic development of Mauritius and offers professional services for business operations, trade, import, export, economic perspectives, tax refund, arbitration, mediation and networking. The trade-weighted average tariff rate (common among EU members) is 3 percent, with … ... International Merchandise Trade Statistics (Monthly and Quarterly) Monthly International Merchandise Trade (IMTS) – Headline Series. Monthly International Merchandise Trade (IMTS) – Headline Series. ... International Trade by Commodity Statistics, Volume 2019 Issue 2 Publication (2019) Your selection for sharing: Snapshot of data for a fixed period (data will not … The dataset includes trade value, net weight, and unit price data, as well as data on imports and exports dynamics. of the national forests. Whether you are planning to go on a visit, study or work and reside in Portugal permanently, you will have to apply for a different Portuguese Schengen Visa, accordingly. Data for Slovak Republic. or use our feedback form! Portugal has been a WTO member since 1 January 1995 and a member of GATT since 6 May 1962. U.S. Assistance to Portugal. In 2019, the United States exported $1.72 billion in goods to Portugal, with machinery, mineral fuels, aircraft, and vehicles as the leading products. By default, the last 3 … Importing and Exporting Seafood Commodities. Portugal - Trade Balance (Euros) The economy should have recovered somewhat in Q3, although the fallout from the pandemic continued to weigh on activity. Portugal is thus the 18th biggest country in Europe and in terms of area ranked 111st worldwide. Portugal-China trade and investment is set to hit new highs after the pandemic, according to Macao businessman Wu Zhiwei. The trade deficit in Portugal widened to EUR 1.369 billion in May of 2021 from EUR 0.947 billion a year earlier, when both exports and imports recorded sharp declines. Contact the International Trade Macro Analysis Branch: Email us! TRADE DATAU.S. Exports and imports have a great role in the economic development of the country. License : CC BY-4.0. 1st Quarter 2021. 13 January 2021 - The new WTO-OECD Balanced Trade in Services (BaTIS) dataset is a complete, consistent and balanced matrix of international trade in services statistics (ITSS). A WorldCity analysis of latest U.S. Census Bureau data reveals that Portugal’s trade with the U.S. rose to $1.99 billion through the first four months of 2020. Age Dependency Ratio. COVID-19 has placed significant strains on supply chains, with serious implications for international trade and investment. Total Imports (2019) $89,541,379,731. As we compare the values of both the years, we find that there is a decline in the Portugal trade data by … Select a data-set. Exports were 52.4 percent higher from May 2020 to EUR 5.300 billion, mainly boosted by sales of industrial supplies (55.6 percent), consumption goods (39.0 percent), and transport equipment & accessories (69.9 percent). Merchandise Trade summary statistics data for Portugal (PRT) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as … Imports Exports Solutions Provider. Portugal exports value for the year 2019 and 2020 appears (approx.) Trade in services. Compare Exporter Rank Importer Rank. With more than 130 million traceable companies, you can quickly find export import buyers, suppliers, product and other data you need. Trade Unions. Portugal is a founding member of NATO, the Organization for Economic Cooperation and Development and the European Free Trade Association. 55.301 % of working-age population (2019) Urban Population. Economic Indicators for Portugal including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Portugal … The CTS Advantage. Find out more on how we use cookies and how you can change your settings. Portugal is part of the harmonised trade system of the EU and importing and exporting are covered by EC Regulations. At Seair Exim, you will receive the export-import trade data of Portugal that helps you … Vital resource for price trends and risk management. Details may not equal totals due to rounding. Data for Portugal. They trade used needles for clean ones, offer tinfoil for those who smoke, and psychological and social support to almost 1,600 users every year. Maintain pricing data. This land area is approximately 88% of the area of Kentucky. The growth of maritime trade in the country helped to improve the overall trade statistics of the country. Import & export values, volumes, growth rates, market shares, etc. International Trade. USDA Data Strategy USDA has an opportunity to harness its vast data assets strategically to improve internal decision-making and efficient use of resources, maximize the impact of citizen-facing programs, and provide the public and private industry with easy access to data that can solve national problems and drive innovation. This results in a negative trade balance of -$17.9 billion. The Gross Domestic Product (GDP) in Portugal was worth 231.26 billion US dollars in 2020, according to official data from the World Bank. The United States provides no development assistance to Portugal. General disclaimer: The designations employed and the presentation of material on this internet site do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitations of its frontiers or boundaries. While as per Portugal import data of 2020, the values appear (approx.) World. National. Levels of union density vary widely across the 28 EU states plus Norway, from around 70% in Finland, Sweden and Denmark to 8% in France. Portugal - Market Overview Portugal- Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S. market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements. Data on Portugal across agriculture,development,economy,education,energy,environment,finance,government,health,innovation and technology,jobs,society. The International Trade Statistics Yearbook: Volume I – Trade by Country and Volume II – Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. 36 / 127. If, for example, you want to select credit memos for a declaration, you must also maintain foreign trade data in the credit memos. NCB database provides international import and export data and analysis of over 33 countries and regions integrating over 8,000,000 entries every month. onwards, peoples from the eastern Mediterranean came to Iberia in search of trade… Data for Sweden. Trade balance is the value of exported goods minus the value of imported goods. Trade Map provides - in the form of tables, graphs and maps - indicators on export performance, international demand, alternative markets and competitive markets, as well as a directory of importing and exporting companies. Statistics Portugal presents the 112th edition of the Statistical Yearbook of Portugal (SYP), which follows a long tradition that started in 1877 (SYP 1875). Compare Importer Rank Trade Balance Rank. Portugal and the WTO. USDA database. 2020 OECD Quarterly International Trade Statistics, Volume 2020 Issue 1 This reliable and up-to-date source of OECD quarterly balance of payments and international merchandise trade statistics provides a detailed insight into the most recent trends in trading patterns … Portugal had a total export of 67,064,074.17 in thousands of US$ and total imports of 89,541,379.73 in thousands of US$ leading to a negative trade balance of -22,477,305.56 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Portugal is 1.73% and the Most Favored Nation (MFN) Weighted Average tariff is 2.97%.The trade growth is -2.17% compared to a world growth … PORTUGAL TRADE AND INVESTMENT STATISTICAL NOTE Thirty percent of economic activity (GDP) in Portugal in 2014 depended on foreign markets, towards the lower end of OECD countries but comparable with Finland. In real terms, drug death rates in Portugal remain some of the lowest in the EU: 6 deaths per million among people aged 15-64, compared to the EU average of 23.7 per million (2019). Detailed segmentation of international and local products. of cork oaks are in the Alentejo. Seafood trade is a multi-billion dollar business and continues to grow with increasing demand worldwide. Open the drop down function to choose. Trade Balance (2019) ($22,477,305,557) Exports of goods and services (% of GDP) (2019) [2] 43.51%. Therefore, these trade items support GTIN-12s or GTIN-13s (see section 2.1.2.1.2 2.1.2.1.2 ). 11. These steps, combined with donor assistance and with political stability since the multi-party elections in 1994, have led to dramatic improvements in the country's growth rate. Click a tab to select the category you are interested in. This is due not only to the Overall Portugal posted a trade deficit equaling -$16 billion for 2020, down -28.8% from -$22.5 billion in red ink one year earlier. 49 %. View international trade statistics by country or region to obtain the following (i) country or region's overall exports, imports and tariffs (i) details of exports and imports with various partner countries along with partner share and Most Favored Nation (MFN) and Effective Applied Tariff (AHS) tariffs imposed. Trade Map - free access to world trade data (on a monthly, quarterly and yearly basis) by country, product and service, to the most detailed level . In 1987, the government embarked on a series of macroeconomic reforms designed to stabilize the economy. Between April 2020 and April 2021 the exports of Portugal have increased by €2.35B (78.7%) from €2.99B to €5.34B, while imports increased by €2.48B (60.4%) from €4.11B to €6.59B. Data, policy advice and research on Portugal including economy, education, employment, environment, health, tax, trade, GDP, unemployment rate, inflation and PISA. It’s the 44th biggest export economy with annual exports worth $72 billion, while imports of $89.9 billion make it the and 39th biggest importer. The Wine in Portugal market research report includes: Analysis of key supply-side and demand trends. This interactive web tool provides a synthesis of ongoing OECD analysis from a trade policy perspective. This is an increase of 15.1% from 2017. Maintaining trade flows during the COVID-19 pandemic will be crucial in providing access to essential food and medical items and in limiting negative impacts on jobs and poverty. Portugal - Portugal - Resources and power: Tungsten, tin, chromium, and other alloy metals are mined in commercial quantities, and most of the tungsten is exported. Portugal imports shows the value for year 2019 (approx.) The total amount of U.S. goods sold into Portugal is undoubtedly higher than the statistics reflect, as census data does not account for U.S. products imported into other EU countries and subsequently transported into Portugal for sale. Regions. Today, the United Kingdom is a major economic partner for Portugal, being Portugal's fourth biggest export market for goods and the first for services. Going to the beach. This page contains trade performance and investment data as well as highly innovative trade flow trends and analysis specially developed by ITC. A … … Filtered by products, shipment dates, ports, industry, etc., you can quickly search North America trade statistics to learn about North America trade market. Both the values of 2019 and 2020, after comparing, show a decline in Portugal trade data by a percentile of 8% ($5.5 Billion). The Portuguese Atlantic coast with a wide variety of mostly white and fine sandy beaches, a long summer, and many hours of (...) Find out more. ITC aims to assist Portugal in creating sustainable trade linkages with the developing world by sourcing good quality products from these growing export markets. Portugal is a founding member of NATO, the Organization for Economic Cooperation and Development and the European Free Trade Association. Trade deficit - This occurs when the value of UK exports to Portugal is less than the value of UK imports from Portugal. Portugal imported $77.9 billion worth of products in 2017. Portugal tariff rates for 2015 was 1.89%, a 0.05% increase from 2014. Portugal is part of the harmonised trade system of the EU and importing and exporting are covered by EC Regulations. FAOSTAT provides free access to food and agriculture data for over 245 countries and territories and covers all FAO regional groupings from 1961 to the most recent year available. This statistic shows the revenue of the industry “wholesale and retail trade; repair of motor vehicles and motorcycles“ in Portugal by segment from 2011 to 2017, with a forecast to 2023. Trade between Portugal and the UK Portugal and the United Kingdom have strong relations, sharing political, diplomatic and economic alliances, relevant trade relations and a common past. Total Trade [1] Total Exports (2019) $67,064,074,174. Trade and economy. This page gathers information on Portugal's participation in the WTO. 11 Data in Documents: Foreign trade data must be maintained for all documents relevant for declarations. PORTUGAL IMPORT. This indicator is measured in million USD and percentage of GDP for exports, imports and net trade. In the same year, the total stock of FDI stood at USD 161.4 billion, up from USD 121 billion in 2010. Trade Statistics. To support new applications additional GS1 approved data carriers As a member of the EU, Portugal has 45 preferential trade agreements in force. Becoming a member of the European Union changed the structure of the Portuguese imports and exports. Line Bar Map. Label. Trade items intended for general distribution and point-of-sale scanning must carry a barcode of the EAN/UPC or GS1 DataBar symbology. Portugal, officially Portuguese Republic, Portuguese República Portuguesa, country lying along the Atlantic coast of the Iberian Peninsula in southwestern Europe. The Tariff Download Facility provides more detail than a third collection of data, the World Tariff Profiles, where the figures are for broader categories of products. Trade (% of GDP) World Bank national accounts data, and OECD National Accounts data files. The Trans-Atlantic Slave Trade began around the mid-fifteenth century when Portuguese interests in Africa moved away from the fabled deposits of gold to a much more readily available commodity—enslaved people. Compare Trade Balance Rank Total Trade . The land has a total area of 92,226 km² (35,608 mi²) and a total coastline of 1,793 km (1,114.1 mi). … Available data shows that industrial production returned to growth in August after declining in July. This article takes a close look at recent trends, focusing on total intra-EU trade in goods and the most traded products. GDP in Portugal averaged 74.80 USD Billion from 1960 until 2020, reaching an all time high of 263.42 USD Billion in 2008 and a record low of 0.04 USD Billion in 1970. Portugal: personnel costs of wholesale and retail trade industry 2008-2015. The number of new HIV diagnoses due to injecting has … Portugal is a country on the Iberian Peninsula on the Atlantic coast. Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. This means 14% of jobs in Portugal depends on EU exports. PORTUGAL: Tobacco Smuggling and Drug Trafficking in the International Accounts Introduction The illegal activities have been considered within national accounts since the changeover to the ESA2010. $67 Billion and $61 Billion, as per the Portugal export data of 2019 and the export data of Portugal for the year 2020. Subject. Driving the trade is the demand for commercial sexual exploitation. Bilateral trade in goods and services reached $8.9 billion in 2019, a six percent increase from the previous year. Data for Slovenia. Portugal: Trade balance, billion USD: For that indicator, we provide data for Portugal from 1975 to 2019. According to UNCTAD's World Investment Report 2020, FDI fl ows to Portugal increased to USD 8.2 billion in 2019, from USD 6.7 billion a year earlier. Portugal tariff rates for 2018 was 1.69%, a 0.1% decline from 2017. March 2021. During the same period, from about 900 B.C. Metadata on (i) Trade System, (ii) Trade Valuation, (iii) Commodity Classification, (iv) Trading Partners (Origin/LastKnownDestination), and (v) Exchange Rate. (2) Rice trade statistics include rough, brown, milled, and broken on a milled equivalent basis. Historic volumes and values, company and brand market volume shares. Below are exports from Portugal that result in negative net exports or product trade balance deficits. The Canadian International Merchandise Trade (CIMT) online database offers detailed trade data using the Harmonized System (HS) classification of goods (based on the 6-digit commodity level). GDP Growth Rate in Portugal averaged 0.35 percent from 1988 until 2021, reaching an all time high of 13.30 percent in the third quarter of 2020 and a record low of -13.90 percent in the second quarter of 2020. A Common External Tariff (CET) is applicable to other countries, including Australia. 6 710 226 661. The GDP value of Portugal represents 0.20 percent of the world economy. This site uses cookies to offer you a better browsing experience. 81.324 years (2018) The balanced merchandise trade database comprises international trade statistics where calculations have been made to reduce the asymmetries between import and export data. The economy of Portugal is ranked 34th in the World Economic Forum 's Global Competitiveness Report for 2019. The great majority of the international trade is done within the European Union (EU), whose countries received 72.8% of the Portuguese exports and were the origin of 76.5% of the Portuguese imports in 2015. However, density is not the only indication of unions’ capacity to mobilise workers. Bilateral trade in goods and services reached $8.9 billion in 2019, a six percent increase from the previous year. Trade Value, Import (USD) Imports. Call us: (301)763-2311 or 1-800-549-0595 option 4 U.S. Imports from Portugal by 5 … Headline trade statistics include trade in non-monetary gold (reported within the unspecified goods category), which can significantly affect trends for some partners. Spain’s trade with the United States rose 4.97 percent, from $12.44 billion to $13.06 billion through the first five months of 2021 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. Portugal Economy Overview. Trade Map is free to users thanks to generous support from the European Commission, DFID, the World Bank and donors to ITC's trust fund. Data for Spain. Portugal tariff rates for 2017 was 1.79%, a 0.17% decline from 2016. The growth of maritime trade in the country helped to improve the overall trade statistics of the country. The latest value from 2019 is 1.72 billion U.S. dollars. 7 337 985 817. Exporter Rank. The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. dominated northern Spain and Portugal, and then spread throughout the peninsula, ruling and mixing with the Iberians to form the "Celtiberian" culture. Once continental Europe’s greatest power, Portugal shares commonalities—geographic and cultural—with the countries of both northern Europe and the Mediterranean. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. 3.1 per 1,000 live births (2019) Life Expectancy at Birth. Romania: Trade Statistics. Portugal. Portugal tariff rates for 2016 was 1.96%, a 0.07% increase from 2015. In 2019, the United States exported $1.72 billion in goods to Portugal, with machinery, mineral fuels, aircraft, and vehicles as the leading products. 4 465 658 431. 65.764 % of total (2019) Infant Mortality Rate. The Mauritius Chamber of Commerce and Industry serves and promotes the interest of the business community. Portugal is a founding member of NATO, the Organization for Economic Cooperation and Development and the European Free Trade Association. Main economic indicators, GDP by sector, trade in goods, trade in commercial services, foreign direct investment, imports and exports with the world, ranking, trade balance. Exports in goods (value) Imports in goods (value) Net trade in goods (value) Measure. 3 %. The statistic shows Portugal's trade balance from 2009 to 2019. Forecast: footwear and leather goods store retail revenue Portugal 2008-2018. Moreover, in July–August retail sales shrank at a softer pace than in Q2. It contains annual bilateral data covering 202 reporters and partners, broken down … Import data of Portugal is collected from Portuguese Customs. Our data is also collected from other sources such as Port Authorities, Shipping & Logistics Companies, Trade Associations and Government Bodies. The United States is Portugal’s largest trading partner outside the European Union. Data for the individual NMS-10, plus Bulgaria, Romania, and Croatia, exists only prior to 1999/00. $77 Billion. Cookies. Note that more than one Data-set might be available. Large-scale medicinal cannabis cultivation has been occurring in Portugal for some years, however, until last year, domestic use and possession IN PORTUGAL was prohibited by law. Merchandise trade data for Portugal (PRT) Miscellaneous export to all countries (trading partner) including Trade Value, Product Share, Country Growth, World … Statistics: Concepts and Definitions 2010 and the Manual on Statistics of International Trade in Services 2010). The transatlantic slave trade was definitively outlawed altogether by Portugal in 1836, at the same time as other European powers, as a result of British diplomatic pressure. Bilateral Economic Relations. Portugal has a population of 10.8 million people, and this translates to about $7,200 in annual product demand from every citizen in the country. Trade in services records the value of services exchanged between residents and non-residents of an economy, including services provided through foreign affiliates established abroad. The data on bound, applied and preferential tariffs and import statistics are available in up to six digits of the Harmonized System (HS) codes, which are standard for all countries. At Seair Exim, you will receive the export-import trade data of Portugal that helps you … Portugal’s trade with the United States rose 17.34 percent, from $2.34 billion to $2.75 billion through the first five months of 2021 when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. 84 %. Du Bois database of slaving voyages, which was later combined with other databases to form the comprehensive Voyages database of nearly 35,000 slaving expeditions, estimated to represent 80% of the total (32) . FDI in Figures. The previously published March deficit was $74.4 billion. of the world’s area of cork oak forest is located in Portugal, representing 736,000 hectares of a total of 2,139,942 hectares. Powered by shipping line data. The system selects only those documents containing foreign trade header or item data. Statistics Portugal presents the 112th edition of the Statistical Yearbook of Portugal (SYP), which follows a long tradition that started in 1877 (SYP 1875). 7 001 095 107. India and Portugal Bilateral Trade Report What Items India Imports from Portugal or Portugal Exports to India? They are practically incomparable to the 315 deaths per million aged 15-64 experienced in Scotland, which is over 50 times higher than the Portuguese rates. A Common External Tariff (CET) is applicable to other countries, including Australia. The Investment Map database collects yearly FDI statistics for about 200 countries and detailed FDI sectoral and/or country breakdown for about 115 countries. Portugal is on the western edge of the Iberian peninsula, with two archipelagos in the Atlantic Ocean.Despite its small land area, it has many landforms and climates between the Atlantic coast and the mountains. In 2019, Portugal’s imports of fish and seafood from the United States were valued at $20.7 million. Ornamental and industrial rocks, especially marble, have become a substantial export. Download Historical Data. The average value for Portugal during that period was -6.33 billion U.S. dollars with a minimum of -24.35 billion U.S. dollars in 2008 and a maximum of 3.91 billion U.S. dollars in 2013. Exports and imports of goods decreased by 7.8% and 6.9% in December. Preliminary results for 2020: reductions of 10.2% and 15.2%, respectively This publication releases the definitive data of International Trade in Goods Statistics for 2019. Portugal. has been the growth of the cork oak forest over the last 10 years. Trade Map covers 220 countries and territories and 5300 products of the Harmonized System. Total of all HS commodities. Deep dive into 10+ years of aggregated price indices and volume data. “The pandemic situation will be temporary and in the medium and long term, the economies of Macao, mainland China and Portugal will certainly surpass new records of investment and trade”, said Wu, who is vice-president of the China-Portugal Chamber of Commerce …
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