Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Portugal

Portugal ranked No. 61 in total trade value through October with a total of $4.51 billion. Exports totaled $1.14 billion and Imports totaled $3.37 billion, a deficit of $2.23 billion.

Data loading...
Data loading...
January – October 2018

Top Trading Ports

Total Trade: $4.51 billion

RankPortTotal YTD
1Port of Newark $1,114,958,143
2Port of Savannah, Ga. $259,597,015
3Port of Perth Amboy, N.J. $221,146,480
4John F. Kennedy International Airport $195,881,261
5Port of Charleston $184,952,906
6Port of Houston $153,546,013
7Port of Oakland, Calif. $153,119,577
8Port of Virginia $147,906,228
9Chicago O’Hare International Airport $145,480,036
10Port of Philadelphia $144,125,032

U.S. trade with Portugal rose to $4.51 billion through October

Portugal’s trade with the United States rose to $4.51 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 17.68 percent above its total trade during the same time period last year. Portugal’s exports increased 20.17 percent while imports rose 16.86 percent. The U.S. deficit with Portugal was $2.23 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Savannah, Ga.; No. 3 Port of Perth Amboy, N.J.; No. 4 John F. Kennedy International Airport; and No. 5 Port of Charleston. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Savannah, Ga. No. 3 John F. Kennedy International Airport No. 4 Port of Perth Amboy, N.J. and No. 5 Port of Houston. In the current time period, the top five accounted for 43.8 percent of Portugal’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 27.54 percent to $1.11 billion.
    Exports fell 3.43 percent to $104.09 million. Imports rose 31.89 percent to $1.01 billion.
  • Trade with No. 2 Port of Savannah, Ga. rose 14 percent to $259.6 million.
    Exports rose 26.62 percent to $16.36 million. Imports rose 13.25 percent to $243.23 million.
  • Trade with No. 3 Port of Perth Amboy, N.J. rose 16.52 percent to $221.15 million.
    There were no exports. Imports rose 16.52 percent to $221.15 million.
  • Trade with No. 4 John F. Kennedy International Airport fell 4.53 percent to $195.88 million.
    Exports rose 7.7 percent to $44.4 million. Imports fell 7.61 percent to $151.49 million.
  • Trade with No. 5 Port of Charleston rose 15.57 percent to $184.95 million.
    Exports rose 36.37 percent to $29.98 million. Imports rose 12.26 percent to $154.98 million.

Portugal ranked No. 61 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 63.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Portugal by value through October were the categories of Petroleum gases, other gaseous hydrocarbons; Civilian aircraft, parts; Soybeans; Aircraft engines, engine parts; and Corn, respectively. They accounted for 45.52 percent of total exports to Portugal.

The value of the top five categories of U.S. imports from Portugal –– Gasoline, other fuels; Medicines in individual dosages; Misc. natural cork; Paper, uncoated, for writing; and Leather shoes –– accounted for 40.15 percent of all inbound shipments.

Looking more closely at U.S. exports to Portugal:

  • Petroleum gases, other gaseous hydrocarbons rose 3.48 percent compared to last year to $170.57 million.
  • Civilian aircraft, parts fell 18.35 percent compared to last year to $159.01 million.
  • Soybeans rose 273.98 percent compared to last year to $98.2 million.
  • Aircraft engines, engine parts rose 89.33 percent compared to last year to $52.87 million.
  • Corn rose 105.13 percent compared to last year to $38.54 million.

Looking more closely at U.S. imports from Portugal:

  • Gasoline, other fuels rose 37.42 percent compared to last year to $851.44 million.
  • Medicines in individual dosages fell 18.28 percent compared to last year to $158.5 million.
  • Misc. natural cork rose 11.94 percent compared to last year to $132.11 million.
  • Paper, uncoated, for writing rose 13.75 percent compared to last year to $111 million.
  • Leather shoes rose 5.87 percent compared to last year to $100.98 million.

In the latest annual figures available, Portugal recorded $4.7 billion in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; New Orleans; Chicago; and Houston. Total U.S. exports to Portugal were $ 1.19 billion and imports from Portugal were $3.5 billion. The U.S. deficit with Portugal was $2.31 billion.