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Statistical data (Portugal)

Statistical data (Portugal)

Economic Indicators

 

2020(a)

2021(a)

2022(b)

2023(b)

Population (million)

10.3

10.3

10.3

10.2

GDP (US$ billion)

228.4

250.1

255.9

261.2

Real GDP Growth Rate (%)

-8.4

4.9

6.2

0.7

Total Export of Goods (US$ billion)

61.5

75.2

77.1

77.8

Total Import of Goods (US$ billion)

77.9

98.2

100.3

102.0

Total Export of Services (US$ billion)

25.5

32.1

Total Import of Services (US$ billion)

15.6

20.1

EU Unified Consumer Price Index (%)

-0.1

0.9

7.9

4.7

Current Account Balance (US$ billion)

-2.4

-3.0

-2.9

-1.0

Exchange Rate (Euro EUR: USD, Period Average)

0.88

0.85

0.95

0.88(c)

Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF); (c) estimated value of Oxford Economics

Source: International Monetary Fund (IMF), Oxford Economics “Country Economic Forecast – Portugal (Feb 2023)”

Main export and import goods destinations

Main export destinations (2021)

Proportion in total value of exports goods (%)

Spain

26.8

 

France

13.1

 

Germany

11.0

 

United States

5.6

 

Others

43.5

 

Main origins for import (2021)

Proportion in total value of imports goods (%)

 

Spain

32,8

 

France

12,4

 

Germany

6,7

 

United States

5,3

 

Others

42,8

 

Source: International Monetary Fund (IMF)

Main export and import goods

Major export goods (2021)

Proportion in total value of exports goods (%)

Vehicles other than railway or tramway rolling-stock and parts

12.6

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles.

7.8

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

6.5

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

5.8

Others

67.3

Major import goods (2021)

Proportion in total value of imports goods (%)

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

11.4

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

9.6

Vehicles other than railway or tramway rolling-stock and parts

9.5

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

9.0

Others

71.9

Source: International Trade Center (ITC)

 

Statistics on Trade in Services

Main Exports Services (2021)

Proportion in total value of exports services (%)

Tourism

36.8

Transport

20.7

Other business services

20.0

Other

22.5

Main Imports Services (2021)

Proportion in total value of imports services (%)

Other business service

26.9

Transport

26.7

Tourism

20.3

Other

26.1

Remarks:The above content is the estimated data of UNCTAD, WTO and ITC.

Source: International Trade Centre

 

Statistics on the trade goods between Mainland China and Portugal (US$ ten thousands)

Year

Total trade

Total exports value *

Total imports value **

2022

901,419.0

597,810.2

303,608.8

2021

881,066.2

535,540.8

345,525.4

2020

696,375.5

419,153.0

277,222.5

2019

668,981.1

436,751.1

232,230.0

2018

600,012.8

375,127.0

224,885.8

Remarks: * Value of goods exported to Portugal from Mainland China; **Value of goods imported from Portugal to Mainland China

Source of Data: General Administration of Customs of the People’s Republic of China

Statistics on the trade goods between Macao and Portugal (US$) (1 USD»8 MOP)

Year

Total trade

Total exports*

Total imports**

2022

34,823,300.9

103,876.9

34,719,424.1

2021

35,026,938.1

257,516.0

34,769,422.1

2020

34,129,839.9

1,317,183.0

32,812,656.9

2019

40,764,237.3

44,098.9

40,720,138.4

2018

44,172,104.4

3,030,674.4

41,141,430.0

Remarks: * Value of goods exported to Portugal from Macao; **Value of goods imported from Portugal to Macao.

Source of Data: Statistics and Census Service (DSEC), Macao SAR Government

Source of Data:

  • Country (region) guide for foreign investment co-operation (Portugal) by the Ministry of Commerce of the People’s Republic of China
  • “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
  • General Administration of Customs of the People’s Republic of China
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • International Monetary Fund (IMF)
  • International Trade Center (ITC)
  • “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
  •  “Country Economic Forecast – Portugal (Feb 2023)” by Oxford Economics

Updated in June 2023.