Merchandise exports to high-income economies in Portugal
Portugal: Merchandise exports to high-income economies was 88.4% in 2023. ▲ Rising
Merchandise exports to high-income economies in Portugal, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Portugal recorded 88.4% for merchandise exports to high-income economies in 2023.
Compared with earlier readings it is down 1.0% on the previous year and up 9.2% over ten years.
Over the whole period, merchandise exports to high-income economies in Portugal peaked at 94.6% in 1999 and was at its lowest, 62.7%, in 1960.
That places Portugal 31st out of 206 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to high-income economies in Portugal, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 62.7% | — |
| 1961 | 64.5% | +2.9% |
| 1962 | 67.3% | +4.3% |
| 1963 | 66.4% | -1.4% |
| 1964 | 66.3% | -0.0% |
| 1965 | 67.4% | +1.6% |
| 1966 | 69.1% | +2.6% |
| 1967 | 68.1% | -1.5% |
| 1968 | 68.1% | +0.1% |
| 1969 | 69.2% | +1.6% |
| 1970 | 69.4% | +0.3% |
| 1971 | 72.8% | +5.0% |
| 1972 | 80.0% | +9.8% |
| 1973 | 80.8% | +1.1% |
| 1974 | 81.7% | +1.0% |
| 1975 | 83.1% | +1.7% |
| 1976 | 86.6% | +4.2% |
| 1977 | 85.6% | -1.1% |
| 1978 | 86.6% | +1.1% |
| 1979 | 86.3% | -0.4% |
| 1980 | 85.1% | -1.4% |
| 1981 | 83.0% | -2.4% |
| 1982 | 86.6% | +4.3% |
| 1983 | 87.1% | +0.5% |
| 1984 | 87.8% | +0.8% |
| 1985 | 88.7% | +1.1% |
| 1986 | 92.1% | +3.8% |
| 1987 | 93.8% | +1.9% |
| 1988 | 94.1% | +0.3% |
| 1989 | 93.8% | -0.3% |
| 1990 | 93.7% | -0.1% |
| 1991 | 93.3% | -0.5% |
| 1992 | 91.5% | -1.9% |
| 1993 | 92.7% | +1.3% |
| 1994 | 93.2% | +0.6% |
| 1995 | 93.5% | +0.3% |
| 1996 | 92.9% | -0.6% |
| 1997 | 93.8% | +0.9% |
| 1998 | 93.1% | -0.7% |
| 1999 | 94.6% | +1.6% |
| 2000 | 93.8% | -0.9% |
| 2001 | 93.1% | -0.7% |
| 2002 | 93.0% | -0.2% |
| 2003 | 92.8% | -0.2% |
| 2004 | 91.9% | -1.0% |
| 2005 | 91.8% | -0.1% |
| 2006 | 90.8% | -1.2% |
| 2007 | 88.9% | -2.0% |
| 2008 | 86.1% | -3.2% |
| 2009 | 84.1% | -2.3% |
| 2010 | 84.9% | +1.0% |
| 2011 | 83.9% | -1.2% |
| 2012 | 81.5% | -2.8% |
| 2013 | 80.9% | -0.7% |
| 2014 | 81.5% | +0.6% |
| 2015 | 84.2% | +3.3% |
| 2016 | 86.2% | +2.4% |
| 2017 | 85.6% | -0.7% |
| 2018 | 87.4% | +2.1% |
| 2019 | 88.4% | +1.2% |
| 2020 | 88.7% | +0.4% |
| 2021 | 89.0% | +0.3% |
| 2022 | 89.3% | +0.3% |
| 2023 | 88.4% | -1.0% |
Portugal compared with similar countries
- Portugal's 88.4% is above the median for high income countries, which is 80.7%, 1.1× the median. (74 countries reporting)
- Portugal's 88.4% is above the median for Europe & Central Asia, which is 83.1%, 1.1× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 66.9% | 62.7% | 69.2% | 10 |
| 1970s | 81.3% | 69.4% | 86.6% | 10 |
| 1980s | 89.2% | 83.0% | 94.1% | 10 |
| 1990s | 93.2% | 91.5% | 94.6% | 10 |
| 2000s | 90.6% | 84.1% | 93.8% | 10 |
| 2010s | 84.5% | 80.9% | 88.4% | 10 |
| 2020s | 88.9% | 88.4% | 89.3% | 4 |
Countries ranked near Portugal
- 28 Sweden 88.7% compare
- 29 Antigua and Barbuda 88.6% compare
- 30 Bangladesh 88.5% compare
- 32 Slovenia 87.8% compare
- 33 Faroe Islands 87.8% compare
- 34 French Polynesia 87.1% compare
More private sector data for Portugal
- Merchandise trade 62.1% (2025)
- Food imports 15.9% (2025)
- Manufactures imports 71.6% (2025)
- Merchandise imports 125.85 billion current US$ (2025)
- Food exports 14.4% (2025)
- Manufactures exports 75.4% (2025)
- Merchandise exports 89.42 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,276 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.258 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.74 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Portugal?
- Merchandise exports to high-income economies in Portugal was 88.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Portugal?
- The highest recorded value was 94.6% in 1999.
- What is the lowest merchandise exports to high-income economies recorded in Portugal?
- The lowest recorded value was 62.7% in 1960.
- How does Portugal rank for merchandise exports to high-income economies?
- Portugal ranks 31st out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Portugal?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
- Where does this Portugal data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.