Portugal is the 46th largest export economy in the world. In 2016, Portugal exported $54.8B and imported $70.3B, resulting in a negative trade balance of $15.6B. In 2016 the GDP of Portugal was $205B and its GDP per capita was $30.7k.
The top exports of Portugal are Vehicle Parts ($2.29B), Refined Petroleum ($2.18B), Cars ($1.99B), Leather Footwear ($1.96B) and Uncoated Paper ($1.27B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($4.56B), Crude Petroleum ($4.15B), Vehicle Parts ($2.37B), Packaged Medicaments ($2.12B) and Petroleum Gas ($1.48B).
The top export destinations of Portugal are Spain ($12.2B), France ($6.33B), Germany ($5.93B), the United Kingdom ($3.81B) and the United States ($3.2B). The top import origins are Spain ($22.1B), Germany ($9.1B), France ($5.31B), Italy ($3.73B) and the Netherlands ($3.47B).