Foreign Trade (As % of GDP) rose to 84.6% in Portugal in 2017

Foreign Trade (As % of GDP) (%)
Economy | Portugal | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 84.6 % in 2017 in Portugal, according to the National Statistical Office. This is 7.2 % more than in the previous year.

Historically, foreign trade as a share of GDP in Portugal reached an all time high of 84.6 % in 2017 and an all time low of 33.5 % in 1960. When compared to Portugal's main peers, foreign trade as a share of GDP in France amounted to 62.9 %, 209 % in Ireland, 83.7 % in Morocco and 65.7 % in Spain in 2017.

Portugal has been ranked 71st within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 40 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria % 67.5% 65.4% 63.6% 62.1% 59.7%
Belgium % 163% 164% 162% 165% 160%
Canada % 62.3% 62.4% 62.0% 64.1% 65.8%
France % 58.8% 59.7% 59.8% 60.5% 61.8%
Germany % 84.7% 85.9% 84.8% 84.4% 85.7%
Iceland % 102% 104% 99.3% 97.0% 96.7%
Ireland % 188% 191% 188% 201% 215%
Italy % 55.6% 56.2% 55.5% 55.8% 56.9%
Mauritania % 119% 132% 122% 105% 109%
Morocco % 83.4% 85.1% 80.0% 81.8% 77.2%
Portugal % 72.9% 75.9% 78.0% 80.0% 80.2%
Spain % 58.1% 59.9% 61.2% 63.0% 63.5%
Tunisia % 105% 107% 103% 101% 91.1%
United Kingdom % 62.0% 61.1% 61.1% 58.0% 56.2%