Portugal Import Data

Portugal Import Data

Portugal's status as a gateway to Europe's Atlantic trade routes shapes its import-based economy. Its industrial foundation is mostly dependent on automobiles, fuels, electronics, and machinery. The capital is Lisbon, and the majority of marine imports are handled by ports like Lisbon, Porto (Leixões), and Sines. As per Portugal import data, Portugal, which has a population of over 10.3 million and a GDP of nearly USD 300 billion, is expected to import roughly USD 120 billion in total, demonstrating its strong ties to European supply chains.

As per Portugal customs data, Portugal is dependent on energy, automobiles, and technological items to power its industry and household consumption, as seen by its top imports.

45

Portugal ranks around 45th in the world for total imports.

0.5%

Portugal’s imports account for about 0.5% of global imports.

Spain

 Spain is Portugal’s largest supplier, providing energy, vehicles, and industrial goods.

Refined Petroleum

Portugal’s top imports are refined fuels that support its energy and transport sectors.

 

Top 10 Import Products of Portugal

As per Portugal customs import data, refined fuels, automobiles, machinery, and electronics make up the majority of Portugal's import basket since they are essential to its businesses and customers.

  • Refined Petroleum (HS 2710): USD 18 Billion — 15.0%
  • Cars & Motor Vehicles (HS 8703): USD 14 Billion — 11.7%
  • Crude Petroleum (HS 2709): USD 12 Billion — 10.0%
  • Electronic Integrated Circuits (HS 8542): USD 10 Billion — 8.3%
  • Industrial Machinery (HS 8479): USD 9 Billion — 7.5%
  • Medicaments (HS 3004): USD 8 Billion — 6.7%
  • Telecommunications Equipment (HS 8517): USD 7 Billion — 5.8%
  • Plastics & Articles (HS 3901): USD 6 Billion — 5.0%
  • Iron & Steel (HS 7208): USD 5 Billion — 4.2%
  • Fruits & Edible Nuts (HS 0803): USD 4 Billion — 3.3%
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Top 10 Import Trading Partners of Portugal

As per Portugal shipments data, Spain and Germany are the two largest exporters in the world, and Portugal's main suppliers are its neighbors in Europe.

  • Spain: 32.0% — USD 38.4 Billion
  • Germany: 12.0% — USD 14.4 Billion
  • France: 10.0% — USD 12.0 Billion
  • Netherlands: 8.0% — USD 9.6 Billion
  • China: 7.0% — USD 8.4 Billion
  • Italy: 6.0% — USD 7.2 Billion
  • United Kingdom: 5.0% — USD 6.0 Billion
  • Belgium: 5.0% — USD 6.0 Billion
  • United States: 4.0% — USD 4.8 Billion
  • Brazil: 3.0% — USD 3.6 Billion

What Details Contain In Portugal Import Data?

Every shipment arriving by land, air, or sea is included in Portugal’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Italian import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is the Portugal import statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Portugal Import data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using the Portugal import statistical data.
  • Investigate International Markets: Examine Portugal’s purchasing trends to identify potential import markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.

 

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