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Export Market

Portugal

ISO: PT / PRT

Country Profile

Capital Lisbon
Population 10.7M
GDP $313.3B (2024)
GDP per Capita $29,292
Income Level High Income
Currency euro (EUR €)
Language Portuguese
Timezone UTC-01:00
Region Europe · Southern Europe

Trade Partners

Portugal Exports To

  • Spain 21.0%
  • France 11.0%
  • Germany 10.0%
  • USA 8.0%
  • UK 5.0%

Key exports: cars, garments, vehicle parts/accessories, unpackaged medicine, refined petroleum (2023)

Portugal Imports From

  • Spain 33.0%
  • Germany 11.0%
  • France 7.0%
  • Netherlands 5.0%
  • China 5.0%

Key imports: cars, crude petroleum, vehicle parts/accessories, refined petroleum, garments (2023)

Economic Overview

high-income EU and eurozone economy; strong services sector led by tourism and banking; tight labor market; growth driven by private consumption, trade surplus, and public investment from EU funds; declining public debt

Government: semi-presidential republic

UK Trade Status

FTA in Force

The UK has a free trade agreement with Portugal, providing preferential market access for UK exporters.

Geographic Region

Europe

Trading Bloc Memberships

Portugal is a member of the following trade agreements and economic blocs.

EEA European Economic Area Single Market UK Agreement EU European Union Political/Economic Union UK Agreement

Export Guidance

Relevant guidance for exporting to Portugal.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇱 Albania FTA 🇦🇩 Andorra 🇦🇹 Austria FTA 🇧🇪 Belgium FTA 🇧🇦 Bosnia and Herzegovina FTA 🇧🇬 Bulgaria FTA 🇭🇷 Croatia FTA 🇨🇾 Cyprus FTA

Official Resources

Government export support for Portugal.

great.gov.uk Market Guide → GOV.UK Country Information →
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