Portugal is the 40th largest export economy in the world and the 32nd most complex economy according to the Economic Complexity Index (ECI). In 2016, Portugal exported $54.7B and imported $67.1B, resulting in a negative trade balance of $12.4B. In 2016 the GDP of Portugal was $204B and its GDP per capita was $30.6k.
The top exports of Portugal are Vehicle Parts ($2.67B), Refined Petroleum ($2.24B), Cars ($1.96B), Leather Footwear ($1.87B) and Uncoated Paper ($1.3B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($4.49B), Crude Petroleum ($4.29B), Vehicle Parts ($2.4B), Packaged Medicaments ($2.09B) and Petroleum Gas ($895M).
The top export destinations of Portugal are Spain ($14.6B), France ($7.01B), Germany ($6.48B), the United Kingdom ($3.92B) and the United States ($2.73B). The top import origins are Spain ($20.1B), Germany ($8.92B), France ($5.05B), China ($4B) and Italy ($3.89B).