That dollar amount results from an 18.9% increase compared to $75.2 billion five years earlier during 2021.
Year over year, the overall value of Portuguese exported goods expanded by 7.8% from $83 billion in 2024.
Based on the average exchange rate for 2025, Portugal uses the euro which strengthened via a 4.4% gain against the US dollar from 2024 to 2025. The stronger European Union currency made Portugal’s exports paid for in weaker US dollars more expensive for international buyers starting with American currency.
Portugal’s 5 most valuable exported products are cars, refined petroleum oils, medication mixes not in dosage, automobile parts or accessories, and rubber tires. Combined, that quintet of leading goods represents 19.7% of total Portuguese export revenues. The product range and relatively low percentage implies that Portugal has a diversified portfolio of exported products albeit automotive-related products represent a significant share.
Portugal’s Best Customers for its Exports
The latest available country-specific data shows that 78.7% of products exported from Portugal was bought by importers in: Spain (26% of the Portuguese total), Germany (13.9%), France (12%), United States of America (5.8%), United Kingdom (5%), Italy (4.5%), Netherlands (3.3%), Belgium (2.6%), Poland (1.6%), Angola (1.38%), Sweden (1.35%) and Brazil (also 1.35%).
From a continental perspective, 80.4% of Portugal exports by value was delivered to fellow European countries while 6.9% was sold to North American importers.
Portugal shipped another 5.4% worth of goods to buyers in Africa.
Smaller percentages went to customers in Asia (5%), Latin America (2%) excluding Mexico but including the Caribbean, then Oceania (0.3%) led by Australia and New Zealand.
Portugal is a member of the European Union in good standing. The other EU members bought 72.8% of overall Portuguese exports up from 71.6% for the prior year.
Given Portugal’s population of 10.7 million people, its total US$89.5 billion in 2025 exported goods translates to roughly $8,350 for every resident in the southwest European country. That per-capita metric exceeds the average $8,300 for 2024.
Portugal’s Top 10 Exports
The following export product groups represent the highest dollar value in Portuguese global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from Portugal.
- Vehicles: US$11.1 billion (12.5% of total exports)
- Electrical machinery, equipment: $8.1 billion (9.1%)
- Machinery including computers: $5.8 billion (6.5%)
- Pharmaceuticals: $5.4 billion (6%)
- Mineral fuels including oil: $4.7 billion (5.2%)
- Plastics, plastic articles: $3.9 billion (4.4%)
- Paper, paper items: $2.64 billion (2.9%)
- Articles of iron or steel: $2.63 billion (2.9%)
- Furniture, bedding, lighting, signs, prefab buildings: $2.5 billion (2.8%)
- Knit or crochet clothing, accessories: $2.47 billion (2.8%)
Portugal’s top 10 export product categories generated 55.1% of the overall value of total Portuguese shipments.
Pharmaceuticals represent the fastest grower among the top 10 export categories, up by 49.3% from 2024 to 2025.
In second place for improving export sales was machinery including computers via a 13.9% advance.
Portugal’s shipments of electrical machinery and equipment posted the third-fastest gain in value, up by 12.7%.
The lone decliner among Portugal’s top 10 export categories were mineral fuels including oil thanks to a -19.6% year-over-year drop.
Note that the results listed above are at the categorized two-digit Harmonized Tariff System (HTS) code level. For a more granular view of exported goods at the four-digit HTS code level, see the section below.
Searchable List of Portugal’s Top Export Products
The following searchable table displays 100 of the most in-demand goods shipped from Portugal during 2025. Shown beside each product label is its total export value then the percentage increase or decrease since 2024.
| Rank | Export Product | Value (US$) | YoY |
|---|---|---|---|
| 1 | Cars | $5,167,134,000 | +19.1% |
| 2 | Processed petroleum oils | $3,744,742,000 | -21.6% |
| 3 | Medication mixes not in dosage | $3,580,795,000 | +75.3% |
| 4 | Automobile parts/accessories | $3,522,999,000 | +3.8% |
| 5 | Rubber tires (new) | $1,652,890,000 | +4.4% |
| 6 | Medication mixes in dosage | $1,596,455,000 | +10.2% |
| 7 | Footwear (leather) | $1,595,249,000 | +6.8% |
| 8 | Insulated wire/cable | $1,296,443,000 | +17.6% |
| 9 | Speed/distance meters | $1,260,527,000 | -11% |
| 10 | Uncoated paper for writing/printing | $1,236,023,000 | -4.9% |
| 11 | Cigars/cigarellos, cigarettes | $1,154,444,000 | +27.1% |
| 12 | Olive oil | $1,126,956,000 | -32.3% |
| 13 | Trucks | $1,109,531,000 | -1.3% |
| 14 | Wine | $1,080,230,000 | +6.8% |
| 15 | Plastic plates, sheets, film, tape, strips | $1,078,283,000 | +9% |
| 16 | Miscellaneous furniture | $1,070,296,000 | +12.7% |
| 17 | Seats (excluding barber/dentist chairs) | $983,163,000 | -2.9% |
| 18 | Miscellaneous iron and steel structures | $912,618,000 | -6.6% |
| 19 | T-shirts, vests (knit or crochet) | $886,890,000 | +6.8% |
| 20 | Telecommunication receivers | $807,614,000 | -7.5% |
| 21 | Moulding boxes/base | $713,872,000 | +8.6% |
| 22 | Integrated circuits/microassemblies | $708,081,000 | +26% |
| 23 | TV/radio/radar device parts | $704,986,000 | +16% |
| 24 | Centrifuges, filters and purifiers | $700,591,000 | +49.4% |
| 25 | Agglomerated cork | $693,843,000 | +8.3% |
| 26 | Chemical woodpulp (non-dissolving) | $682,014,000 | -12.1% |
| 27 | Miscellaneous plastic items | $671,416,000 | +10.1% |
| 28 | Linens | $633,576,000 | +4.6% |
| 29 | Glass bottles, jars, pots, other containers | $626,067,000 | +12.9% |
| 30 | Jerseys, pullovers (knit or crochet) | $549,456,000 | +6.2% |
| 31 | Miscellaneous fruits (fresh) | $529,943,000 | +22.8% |
| 32 | Bicycles, other non-motorized cycles | $483,897,000 | +26% |
| 33 | Piston engine parts | $477,510,000 | +6.1% |
| 34 | Solar power diodes/semi-conductors | $474,584,000 | -21.5% |
| 35 | Bread, biscuits, cakes, pastries | $465,880,000 | +16.3% |
| 36 | Fish, caviar (preserved/prepared) | $453,990,000 | +21.7% |
| 37 | Aircraft or spacecraft parts | $453,714,000 | +28.2% |
| 38 | Copper ores, concentrates | $442,733,000 | +9.9% |
| 39 | Taps, valves, similar appliances | $438,692,000 | +18% |
| 40 | Miscellaneous heterocyclics | $437,951,000 | +32.4% |
| 41 | Iron or non-alloy steel bars, rods | $435,036,000 | +2.3% |
| 42 | Lower-voltage switches, fuses | $430,823,000 | +10.7% |
| 43 | Miscellaneous iron or steel items | $430,356,000 | +10% |
| 44 | Air or vacuum pumps | $423,043,000 | +27.6% |
| 45 | Phone devices including smartphones | $387,626,000 | +16.5% |
| 46 | Items made from natural cork | $387,074,000 | -6.2% |
| 47 | Electrical/optical circuit boards, panels | $384,511,000 | +3.4% |
| 48 | Refrigerators, freezers | $384,502,000 | +39% |
| 49 | Tissues, napkins, toilet paper | $378,216,000 | +11.4% |
| 50 | Tomatoes (prepared/preserved) | $373,034,000 | -8.9% |
| 51 | Copper waste, scrap | $369,786,000 | +18.8% |
| 52 | Gold (unwrought) | $361,310,000 | +71.3% |
| 53 | Temperature-change machines | $354,995,000 | +12.4% |
| 54 | Radar, radio communication items | $353,586,000 | +23.6% |
| 55 | Petroleum gases | $353,317,000 | -34% |
| 56 | Men's suits, trousers (not knit or crochet) | $335,373,000 | +5.9% |
| 57 | Bridge structures, parts | $332,687,000 | +2.2% |
| 58 | Coiled iron or non-alloy steel bars, rods | $330,487,000 | +4.5% |
| 59 | Whole fish (frozen) | $325,245,000 | +8.4% |
| 60 | Plastic packing goods, lids, caps | $324,662,000 | +6% |
| 61 | Electric motors, generators | $321,624,000 | +81.4% |
| 62 | Ethylene polymers | $313,181,000 | -2.29% |
| 63 | Paper containers, cellulose wadding | $306,551,000 | +11.7% |
| 64 | Women's clothing (not knit or crochet) | $306,019,000 | +3.2% |
| 65 | Monument/building stones, art | $294,999,000 | +2.7% |
| 66 | Plastic plates, sheets, film, tape, strips | $291,434,000 | +22.2% |
| 67 | Ceramic tableware, kitchenware | $291,266,000 | +9.4% |
| 68 | Electric water heaters, hair dryers | $290,408,000 | +7.9% |
| 69 | Unglazed ceramic flags, tiles | $290,345,000 | +4.4% |
| 70 | Uncoated kraft paper | $288,904,000 | +36.2% |
| 71 | Electrical energy | $281,747,000 | +24.2% |
| 72 | Zinc ores, concentrates | $280,963,000 | +46% |
| 73 | Amino-resins | $280,125,000 | -14.5% |
| 74 | Electrical converters/power units | $278,189,000 | +62.6% |
| 75 | Miscellaneous iron or steel tubes, pipes | $277,223,000 | +12.6% |
| 76 | Twine, cordage, ropes, cables | $270,361,000 | +10.2% |
| 77 | Flat-rolled iron or non-alloy steel products (plated/coated) | $269,022,000 | -4.4% |
| 78 | Electro-medical equip (e.g. xrays) | $266,462,000 | +33.5% |
| 79 | Aluminum bars/rods | $248,779,000 | +6.8% |
| 80 | Coated textile fabrics | $247,918,000 | +13.5% |
| 81 | Motorcycles | $242,759,000 | -5% |
| 82 | Twine, cordage, ropes, cables | $240,981,000 | +2% |
| 83 | Vulcanized rubber items | $233,319,000 | +6.1% |
| 84 | Electric motor parts | $229,110,000 | +139.8% |
| 85 | Mattresses, quilts | $227,343,000 | +3.6% |
| 86 | Whole fish (fresh) | $226,742,000 | +24.5% |
| 87 | Fresh or dried citrus fruit | $222,046,000 | +23.5% |
| 88 | Vinyl chloride polymers | $219,155,000 | +6.2% |
| 89 | TV receivers/monitors/projectors | $212,726,000 | +1.1% |
| 90 | Cases, handbags, wallets | $212,001,000 | +15.7% |
| 91 | Women's clothing (knit or crochet) | $209,633,000 | +9.4% |
| 92 | Non-alcoholic drinks (not water/juice/milk) | $204,890,000 | +2.7% |
| 93 | Miscellaneous engines, motors | $202,419,000 | -18.4% |
| 94 | Sugar (cane or beet) | $199,904,000 | -20.7% |
| 95 | Locks, lock-keys | $199,419,000 | -1.4% |
| 96 | Motorcycle parts/accessories | $192,860,000 | +10.7% |
| 97 | Live bovine cattle | $189,980,000 | +55.8% |
| 98 | Fish fillets, pieces | $189,442,000 | +13.7% |
| 99 | Chocolate, other cocoa preparations | $189,325,000 | +65.3% |
| 100 | Electric storage batteries | $189,152,000 | +44.8% |
These 100 exported goods were worth a subtotal of US$62.6 billion or 70% by value for all products exported from Portugal during 2025.
Products Generating Trade Surpluses for Portugal
The following types of Portuguese product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.
In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.
- Paper, paper items: US$1.04 billion (Down by -3.5% since 2024)
- Cork , articles of cork: $1.03 billion (Up by 6.9%)
- Footwear: $810.5 million (Down by -3.1%)
- Ores, slag, ash: $781.7 million (Up by 25%)
- Beverages, spirits, vinegar: $763.8 million (Up by 0.001%)
- Woodpulp: $718.7 million (Down by -12.3%)
- Ceramic products: $650.9 million (Up by 9.3%)
- Tobacco, manufactured substitutes: $649.7 million (Up by 23.7%)
- Rubber, rubber articles: $600.4 million (Down by -9.2%)
- Knit or crochet clothing, accessories: $562.9 million (Down by -10.9%)
Portugal has highly positive net exports in the international trade of paper and cork.
These cashflow surpluses indicate Portugal’s strong competitive advantages under the related product categories.
Products Causing Trade Deficits for Portugal
Portugal posted an overall trade deficit equaling -US$36.5 billion for 2025, expanding by 23.2% from -$29.63 billion in red ink one year earlier in 2024.
Below are exports from Portugal that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Portugal’s goods trail Portuguese importer spending on foreign products.
- Mineral fuels including oil: -US$6 billion (Down by -5.2% since 2024)
- Machinery including computers: -$5.4 billion (Up by 12.4%)
- Vehicles: -$4.8 billion (Up by 46.9%)
- Organic chemicals: -$4.7 billion (Up by 64.4%)
- Electrical machinery, equipment: -$3.4 billion (Down by -5.1%)
- Iron, steel: -$2.1 billion (Up by 11.2%)
- Meat: -$2 billion (Up by 27.5%)
- Fish: -$1.7 billion (Up by 22.6%)
- Other chemical goods: -$1.48 billion (Up by 11.6%)
- Plastics, plastic articles: -$1.48 billion (Up by 23.4%)
Portugal has highly negative net exports and therefore deep international trade deficits for mineral fuels-related products, historically for crude oil and petroleum gases.
These cashflow deficiencies clearly indicate Portugal’s competitive disadvantages in the international energy market but also represent key opportunities for Portugal to improve its position in the global economy through focused innovations.
Major Portuguese Export Companies
According to Forbes Global 2000 rankings, the following are examples of leading Portuguese companies.
- Banco Comercial Portugues (regional banks)
- EDP-Energias de Portugal (electric utilities)
- Galp Energia (oil, gas)
- Jeronimo Martins (food retailer)
- Portugal Telecom (telecommunications services)
The Russian-Portuguese Business Club lists Portugal’s biggest employers involved in international trade.
- Delphi Automotive (automotive parts)
- Petrogal (oil, gas)
- Philip Morris International (tobacco)
- Portucel Soporcel (paper)
- Volkswagen Autoeuropa (automobiles)
In macroeconomic terms, Portugal’s total exported goods represent 16.7% of its overall Gross Domestic Product for 2025 ($536.1 billion valued in Purchasing Power Parity US dollars). That 16.7% for exports to overall GDP in PPP for 2025 compares to 16.9% one year earlier. Those percentages suggest a relatively decreasing reliance on products sold on international markets for Portugal’s total economic performance, albeit based on a short timeframe.
Another key indicator of a country’s economic performance is its unemployment rate. Portugal’s unemployment rate averaged 6.381% for 2025, down from an average 6.475% jobless rate in 2024 according to International Monetary Fund statistics.
Portugal’s capital city is Lisbon.
See also Portugal’s Top Trading Partners, Portugal’s Top 10 Imports, France’s Top Trading Partners, France’s Top 10 Exports
Research Sources:
Central Intelligence Agency, The World Factbook: Country Profiles. Accessed on April 15, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on April 15, 2026
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 15, 2026
International Trade Centre, Trade Map. Accessed on April 15, 2026
Investopedia, Net Exports Definition. Accessed on April 15, 2026
Russian-Portuguese Business Club, Top 10 Portuguese companies – the largest exporters and importers. Accessed on April 15, 2026
Wikipedia, Gross domestic product. Accessed on April 15, 2026
Wikipedia, Purchasing power parity. Accessed on April 15, 2026
X-rates.com, Exchange Rates: Euro to US Dollar (monthly average 2025). Accessed on April 15, 2026