Portugal trade balance

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Exports Imports Trade balance

−2.99B EURdown EUR 14.5 million from Jul 2026August 2026 · released 9 Oct 2026

−70.6%over 5 years

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<p><a href="https://narwhalapi.com/economics/portugal/trade-balance">Portugal trade balance</a> by Narwhal</p>

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GET /v1/economics/PRT/trade
// webhook: { "type": "release.updated" }

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Key data points

Last release: 9 Oct 2026
Observation period: August 2026
Next release: 9 Nov 2026, 11:00 UTC
Previous: −2.98B EUR Jul 2026
Highest: −550.92M EUR Jun 2012
Lowest: −3.65B EUR Jun 2026
A year ago: −3.11B EUR
Data since: 2011

Portugal trade balance by year

Portugal trade balance by year
Year	Average	High	Low	Change
2026 (to date)	−EUR 3.05 billion	−EUR 2.86 billionJanuary 2026	−EUR 3.65 billionJune 2026	▼ −135.24M
2025	−EUR 2.76 billion	−EUR 1.77 billionJanuary 2025	−EUR 3.45 billionJuly 2025	▼ −1.37B
2024	−EUR 2.36 billion	−EUR 1.69 billionMarch 2024	−EUR 3.06 billionDecember 2024	▼ −1.29B
2023	−EUR 2.32 billion	−EUR 1.96 billionNovember 2023	−EUR 2.93 billionOctober 2023	▼ −382.58M
2022	−EUR 2.6 billion	−EUR 1.97 billionJanuary 2022	−EUR 3.42 billionAugust 2022	▼ −908.08M
2021	−EUR 1.63 billion	−EUR 790.24 millionFebruary 2021	−EUR 2.54 billionDecember 2021	▼ −1.61B
2020	−EUR 1.2 billion	−EUR 831.01 millionJuly 2020	−EUR 1.65 billionMarch 2020	▲ +101.48M
2019	−EUR 1.67 billion	−EUR 1.34 billionFebruary 2019	−EUR 1.87 billionJune 2019	▲ +354.72M
2018	−EUR 1.47 billion	−EUR 1.06 billionFebruary 2018	−EUR 2.07 billionNovember 2018	▼ −332.73M
2017	−EUR 1.22 billion	−EUR 832.18 millionFebruary 2017	−EUR 1.58 billionOctober 2017	▼ −448.18M
2016	−EUR 948.76 million	−EUR 634.73 millionJuly 2016	−EUR 1.46 billionDecember 2016	▼ −762.54M
2015	−EUR 892.57 million	−EUR 568.79 millionFebruary 2015	−EUR 1.21 billionDecember 2015	▼ −523.58M
2014	−EUR 914.87 million	−EUR 666.87 millionApril 2014	−EUR 1.18 billionSeptember 2014	▼ −103.57M
2013	−EUR 809.16 million	−EUR 633.49 millionMay 2013	−EUR 1.17 billionOctober 2013	▼ −421.12M
2012	−EUR 930.09 million	−EUR 550.92 millionJune 2012	−EUR 1.12 billionJanuary 2012	▲ +61.89M
2011	−EUR 1.39 billion	−EUR 974.24 millionNovember 2011	−EUR 1.86 billionMarch 2011	▲ +205.58M

Download history

Choose byYear

Preview

12 observations · January 2025 to December 2025

Selected historical observations
Date or period	Value · EUR	Source
January 2025	−EUR 1.77 billion	Statistics Portugal (INE)
February 2025	−EUR 2.1 billion	Statistics Portugal (INE)
March 2025	−EUR 2.58 billion	Statistics Portugal (INE)
April 2025	−EUR 3.07 billion	Statistics Portugal (INE)
May 2025	−EUR 3.4 billion	Statistics Portugal (INE)
June 2025	−EUR 2.51 billion	Statistics Portugal (INE)
July 2025	−EUR 3.45 billion	Statistics Portugal (INE)
August 2025	−EUR 3.11 billion	Statistics Portugal (INE)
September 2025	−EUR 2.89 billion	Statistics Portugal (INE)
October 2025	−EUR 2.97 billion	Statistics Portugal (INE)
November 2025	−EUR 2.13 billion	Statistics Portugal (INE)
December 2025	−EUR 3.14 billion	Statistics Portugal (INE)

Indicator info

Category: Trade
Source: Statistics Portugal (INE)
Frequency: Monthly
Units: EUR

Exports minus imports of goods. A negative value is a trade deficit.

ExportsAug 20265.36B EUR ImportsAug 20268.35B EUR Inflation rateAug 20263.3%Consumer price indexAug 2026103.3

Reports

Released 9 Oct 2026−2.99B EURAugust 2026

In 27 days

Next release, 11:00 UTC9 Nov 2026September 2026

History

Trade balance recent observations
Period	Value	Change
August 2026	−2.99B EUR	−14.50M
July 2026	−2.98B EUR	+673.63M
June 2026	−3.65B EUR	−715.59M
May 2026	−2.93B EUR	+82.48M
April 2026	−3.02B EUR	+106.52M
March 2026	−3.12B EUR	−250.70M
February 2026	−2.87B EUR	−17.09M
January 2026	−2.86B EUR	+280.22M
December 2025	−3.14B EUR	−1.01B
November 2025	−2.13B EUR	+848.81M
October 2025	−2.97B EUR	−79.54M
September 2025	−2.89B EUR	+211.13M
August 2025	−3.11B EUR

Common questions

What is the trade balance in Portugal now?

The trade balance in Portugal was −EUR 2.99 billion in August 2026, down EUR 14.5 million from Jul 2026. The figure was released on 9 Oct 2026.

When is the next trade balance release for Portugal?

The next release is scheduled for 9 Nov 2026, 11:00 UTC, covering September 2026.

What are the highest and lowest values of the trade balance in Portugal?

In data since 2011, the highest was −EUR 550.92 million in Jun 2012 and the lowest was −EUR 3.65 billion in Jun 2026.

Where does this data come from?

Published by Statistics Portugal (INE), and shown here exactly as published. Publishers revise figures, and the latest published figure replaces the earlier one.

Source: Statistics Portugal (INE); Economics methodology →
API: GET /v1/economics/PRT/trade; Economics API →