May 8, 2024
AGI News
Portugal has the 19th largest economy in the Eurozone, and is a big player in world trade when it comes to the importing and exporting of goods. Please read on to find out all about the top 10 Portuguese imports!
How big is the import market in Portugal?
According to data from World’s Top Exports, Portuguese imports totalled US$115.0 billion in 2022. Goods being imported from Spain, Germany, France, China & the Netherlands accounted for just over 57% of all Portuguese imports.
So what are the top 10 Portuguese imports?
The following are the top 10 Portuguese imports in 2022. This top 10 accounts for over 60% of the total US$ value of all imports to Portugal.
1. Mineral Fuels – US$19.2 billion (16.7% of total Portuguese imports)
2. Electrical Machinery – US$11.0 billion (9.6% of total imports)
3. Vehicles – US$10.8 billion (9.4% of total imports)
4. Machinery including Computers – US$8.4 billion (7.3% of total imports)
5. Plastics – US$5.5 billion (4.8% of total imports)
6. Iron & Steel – US$4.3 billion (3.8% of total imports)
7. Pharmaceuticals – US$3.7 billion (3.3% of total imports)
8. Organic Chemicals – US$2.8 billion (2.4% of total imports)
9. Fish – US$2.4 billion (2.1% of total imports)
10. Chemical Goods – US$2.2 billion (1.9% of total imports)
Source: World’s Top Exports
So how can we help?
The importing and exporting of goods to and from Portugal can be a complicated process, and that’s where we come in! Here at AGI, we specialise in the safe transport of cargo to and from Portugal, and all across the world, providing you with professional road freight, sea freight, and air freight solutions. To find out more about our logistics services, and how we can help your business, please get in touch. We look forward to hearing from you, and for all of the latest AGI news, don’t forget to follow us on LinkedIn and Facebook!