Portugal’s largest exports are cars, motor vehicle parts, and clothing goods. Additionally, Portugal is the world’s largest exporter of corks (more than €1 billion annually). The primary export partners of Portugal are Spain, Italy, France and Germany. Portugal is the 43th largest exporter in the world and the 47th largest economy in the world.
Portugal Country Profile
Official Name (Local Language)
Telephone Dial In
Portugal Exports Profile
Exports ($m USD)
Number of Export Products
Number of Export Partners
Top 5 export partners
% Partner Share
Top 5 Export Products at HS 6 digit level
Petroleum oils, etc, (excl. crude); preparation
Paper... (excl. mechanical fibres), weighing >=
Automobiles with diesel engine displacing more
Motor vehicle parts nes
New pneumatic tyres, of rubber of a kind used o
Chart Showing GDP Growth Compared to rest of world
Textiles, clothing, footwear, wood and cork, paper and pulp, chemicals, fuels and lubricants, automobiles and auto parts, base metals, minerals, porcelain and ceramics, glassware, technology, telecommunications; dairy products, wine, other foodstuffs
Other business services
Computer and information services
Cultural and recreational services
Royalties and license fees
Importing from Portugal: What is trade finance?
Trade finance is a revolving facility in which lenders offer financing options – it enables businesses to purchase products and can help ease the pressure from working capital issues.
Generally, an export finance bank will fund up to 100% of the cost of the products, including charges (e.g. insurance costs).
Trade finance offers upsides over more traditional bank financing, for example bridging mortgages or loans. Trade finance provides quick funding without affecting existing bank relationships.
How does it work?
If you’re a business importing or exporting goods around the world, then a trade finance facility would assist your company through offering a letter of credit (LC) or some form of cash advance.
I’m looking to import from Portugal, how can Trade Finance Global help, and how does it work?
If you’re looking to import inventory from other countries, you may require import finance, which is an agreement between yourself (the importer) and the foreign exporter. A non-bank lender will act as the intermediary, paying the foreign exporter on your behalf until you get the products and have then sold them to your buyer. Repaying the financier then occurs over an agreed period of time.
Importing from Portugal? Contact our local experts
Trade Finance Global is the trading name of TFG Finance Ltd (company number: 10305143) and TFG Publishing Ltd (12157036), incorporated in England and Wales, at 201 Haverstock Hill, Second Floor Fkgb, London, England, NW3 4QG. Trade Finance Global is registered as a Data Controller under the ICO: ZB421903 and ZB436621.
TFG Finance Ltd is an introducer, not a lender, working with Limited Companies and Incorporated Bodies who may pay us a commission.