Portugal Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Portugal's trade balance was $7.7B in 2025, ranked 42nd globally. This represents a 32.3% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Portugal's trade balance stood at $7.7B in 2025, a rise of +$1.9B from 2024. Based on recent trends, this figure is projected to reach $7.7B by 2025. Portugal ranked 42nd globally.
Portugal's trade balance has experienced significant fluctuations over the past 56 years, with the latest available data showing a surplus of 7,657,856,594.11 as of 2025. This represents a marked improvement from the all-time trough of -25,165,708,546.34 in 2008, a period marked by a global economic downturn. In comparison, Austria, a peer country, has maintained a consistently higher trade balance, with a value of 8,554,780,209.23 as of 2025. Portugal's trade balance has been steadily increasing since 2008, with the peak of 7,657,856,594.11 in 2025 indicating a substantial recovery. The country's trade balance has been driven by a combination of factors, including a strong export-oriented manufacturing sector and a favorable economic environment. However, a shift in global trade policies or a decline in domestic demand could potentially alter the trajectory of Portugal's trade balance, necessitating a reassessment of the country's economic strategy.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $13.9B | - | - |
| 2026* trend | $10.8B | - | - |
| 2025* trend | $7.7B | - | - |
| 2025 | $7.7B | +$1.9B | #42 |
| 2024 | $5.8B | +$2.4B | #115 |
| 2023 | $3.4B | +$9.6B | #125 |
| 2022 | $-6.2B | +$942.3M | #37 |
| 2021 | $-7.1B | −$2.5B | #21 |
| 2020 | $-4.6B | −$5.9B | #29 |
| 2019 | $1.3B | −$214.4M | #124 |
| 2018 | $1.5B | −$880.3M | #132 |
| 2017 | $2.4B | −$70.6M | #134 |
| 2016 | $2.5B | +$976.4M | #141 |
| 2015 | $1.5B | +$1.1B | #140 |
| 2014 | $344.0M | −$2.1B | #117 |
| 2013 | $2.5B | +$3.6B | #135 |
| 2012 | $-1.1B | +$9.2B | #80 |
| 2011 | $-10.3B | +$7.9B | #17 |
Detected Pattern
Analysis
Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Portugal's trade balance was $7.7B in 2025. Ranked 42nd globally. This represents a 32.3% increase from the previous year.
Portugal's trade balance peaked at $7.7B in 2025.
The lowest trade balance in Portugal was $-25.2B in 2008.
Portugal ranks 42nd globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Portugal's trade balance is projected to reach $7.7B by 2025 based on trend extrapolation.
Portugal's trade balance was approximately 7.66 billion ($7.7B) in 2025.
The trade balance of Portugal in 2025 was $7.7B. This ranks 42nd in the world.
Cite this page
@misc{historysaid_portugal_trade-balance,
title = {Portugal Trade Balance},
url = {https://historysaid.com/portugal/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}