Imports

The sale of Portuguese goods overseas in 2025 were up 0.5% on the previous year driven by a growth in exports to Germany. However, sales to the United States fell 13.4% on the back of tariffs [...]

Portugal’s trade deficit widened by around 15% in the first nine months of 2025 compared to the same period in 2024. It means that in a year plagued by a high degree of economic and geopolitical [...]

Portuguese families were partly behind Portugal ’s growth success story in 2025 highlighted by the UK magazine The Economist. Portugal was elected the ‘economy of the year’ for 2025 partly on the [...]

Portugal continues to post a surplus from commercial services, particularly thanks to tourism, but with all the uncertainty over the current trade wars instigated by the US, that surplus has [...]

Exports of goods from Portugal slumped by 11.3% while imports edged up to 2.8% in July in like-for-like terms, accumulating an 0.7% increase and 6.3% since the start of the year, according to [...]

Portugal’s overseas surplus fell by €258 million to €2.2Bn to June according to data from the Bank of Portugal which blames a growth in imports in the first half period. It was down by €1.9Bn in [...]

Portugal’s exports and imports grew 2.8% and 0.6% respectively, in nominal terms, in the second quarter, compared to the same period last year. The data were released by INE in a [...]

Portugal has begun importing more natural gas from Russia, increasing the volume by 33% after imports fell 62% in 2022. It is now the third main supplier of gas after Nigeria and the United [...]