Portugal is the 44th largest export economy in the world and the 48th most complex economy according to the Economic Complexity Index (ECI). In 2017, Portugal exported $59.3B and imported $78.3B, resulting in a negative trade balance of $19B. In 2017 the GDP of Portugal was $217B and its GDP per capita was $31.7k.
The top exports of Portugal are Refined Petroleum ($2.8B), Cars ($2.51B), Vehicle Parts ($2.44B), Leather Footwear ($2.05B) and Uncoated Paper ($1.13B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($5.11B), Cars ($5.04B), Vehicle Parts ($2.72B), Packaged Medicaments ($2.07B) and Petroleum Gas ($1.54B).
The top export destinations of Portugal are Spain ($12.3B), France ($6.91B), Germany ($6.69B), the United Kingdom ($3.96B) and the United States ($3.5B). The top import origins are Spain ($24.2B), Germany ($10.6B), France ($5.74B), Italy ($4.25B) and the Netherlands ($4.16B).
