Portugal's major exports encompass automobiles and automotive parts, petroleum products, footwear, textiles and apparel, cork and cork products, machinery and equipment, wood and wood products, fruits and vegetables, wine, and fish and seafood. These commodities contribute significantly to Portugal's economy, supporting employment and driving economic growth. Portugal's closest trading partners vary across industries, with neighboring countries such as Spain and France, as well as major European economies like Germany and the United Kingdom, playing crucial roles in its export market.
Automobiles and Automotive Parts
Automobiles and automotive parts are significant exports from Portugal. The country has a well-established automotive industry, exporting vehicles and components. With an estimated export value of $8 billion, Portugal's primary trading partners for automobiles and automotive parts include Germany, France, and Spain.
Petroleum Products
Portugal exports petroleum products such as gasoline, diesel fuel, and petroleum oils. The export volume for petroleum products is substantial, with an approximate value of $6 billion. The primary trading partners for Portugal's petroleum exports include Spain, Angola, and the United States.
Footwear
Portugal is renowned for its high-quality footwear, which contributes significantly to its exports. The export value for footwear is approximately $2.5 billion. The country's primary trading partners for footwear include France, Spain, and the United States.
Textiles and Apparel
Portugal exports a range of textiles and apparel, including clothing, fabrics, and home textiles. The export value for textiles and apparel is around $2 billion. Portugal's closest trading partners in this sector include Spain, France, and Germany.
Cork and Cork Products
Portugal is a leading producer of cork, and it exports various cork products, including bottle stoppers, flooring, and insulation materials. The export value for cork and cork products is approximately $1.5 billion. The primary trading partners for Portugal's cork exports include the United States, Spain, and France.
Machinery and Equipment
Portugal exports various machinery and equipment, including electrical machinery, mechanical appliances, and industrial machinery. The export value for machinery and equipment is around $1.2 billion. Portugal's closest trading partners in this sector include Spain, Germany, and France.
Wood and Wood Products
Portugal exports wood and wood products, including lumber, wooden furniture, and wooden articles. The export value for wood and wood products is approximately $1 billion. The primary trading partners for Portugal's wood exports include Spain, France, and the United Kingdom.
Fruits and Vegetables
Portugal exports a variety of fresh and processed fruits and vegetables. The export value for fruits and vegetables is around $900 million. Portugal's closest trading partners in this sector include Spain, France, and Germany.
Wine
Portugal is renowned for its wine production, and it exports a significant volume of wine, including Port wine and table wines. The export value for wine is approximately $800 million. The primary trading partners for Portugal's wine exports include France, the United States, and the United Kingdom.
Fish and Seafood
Portugal exports a range of fish and seafood products, including fresh fish, canned fish, and frozen seafood. The export value for fish and seafood is around $700 million. Portugal's closest trading partners in this sector include Spain, France, and Italy.