Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Portugal

Merchandise trade (% of GDP) in Portugal in 2025 — 62.1%. Ranked 73 in the world out of 189. Since 1960, the indicator has risen by 36.05 pp.

2025 62.1% −2.1 pp vs 2024
World rank 73of 189
Period maximum 76.93%2022
Period minimum 25.31%1962

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Portugal, 1960–202502040608019601967197419811988199520022009201620231960: 26.05%1962: 25.31%1964: 29.26%1966: 30.54%1968: 26.74%1970: 30.86%1972: 31.16%1974: 38.68%1976: 29.66%1978: 32.57%1980: 42.4%1982: 45%1984: 52.19%1986: 43.59%1988: 51.21%1990: 52.95%1992: 44.55%1994: 45.19%1996: 48.78%1998: 51.01%2000: 54.23%2002: 49.01%2004: 47.91%2006: 55.3%2008: 57.53%2010: 53.33%2012: 60.28%2014: 61.81%2016: 59.78%2018: 65.03%2020: 60.71%2022: 76.93%2024: 64.21%2025: 62.1%
Change over the period: +36.05 pp Annual average: 0.55 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Portugal

Portugal 62.1%
World 43.89%
Southern Europe computed 57.41%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Portugal, by year Portugal All countries CSV XLSX
Year % Change, pp
2025 62.1 −2.1 pp
2024 64.21 −3.29 pp
2023 67.5 −9.43 pp
2022 76.93 +9.2 pp
2021 67.73 +7.03 pp
2020 60.71 −4.51 pp
2019 65.22 +0.19 pp
2018 65.03 +1.23 pp
2017 63.79 +4.01 pp
2016 59.78 −1.5 pp
2015 61.28 −0.54 pp
2014 61.81 +0.7 pp
2013 61.12 +0.84 pp
2012 60.28 +2.21 pp
2011 58.07 +4.74 pp
2010 53.33 +5.97 pp
2009 47.36 −10.17 pp
2008 57.53 +1.56 pp
2007 55.97 +0.68 pp
2006 55.3 +3.25 pp
2005 52.04 +4.13 pp
2004 47.91 +0.12 pp
2003 47.79 −1.22 pp
2002 49.01 −3.29 pp
2001 52.3 −1.93 pp
2000 54.23 +3.61 pp
1999 50.61 −0.4 pp
1998 51.01 +0.58 pp
1997 50.43 +1.65 pp
1996 48.78 +1.89 pp
1995 46.89 +1.7 pp
1994 45.19 +3.47 pp
1993 41.72 −2.83 pp
1992 44.55 −2.96 pp
1991 47.51 −5.44 pp
1990 52.95 +0.35 pp
1989 52.6 +1.39 pp
1988 51.21 +2.88 pp
1987 48.33 +4.74 pp
1986 43.59 −5.59 pp
1985 49.19 −3 pp
1984 52.19 +5.06 pp
1983 47.13 +2.14 pp
1982 45 +1.38 pp
1981 43.62 +1.22 pp
1980 42.4 +4.79 pp
1979 37.61 +5.04 pp
1978 32.57 +1.26 pp
1977 31.32 +1.65 pp
1976 29.66 −0.2 pp
1975 29.86 −8.81 pp
1974 38.68 +6.49 pp
1973 32.19 +1.03 pp
1972 31.16 +0.16 pp
1971 30.99 +0.14 pp
1970 30.86 +2.66 pp
1969 28.2 +1.46 pp
1968 26.74 −1.76 pp
1967 28.5 −2.04 pp
1966 30.54 +0.33 pp
1965 30.21 +0.95 pp
1964 29.26 +2.89 pp
1963 26.37 +1.06 pp
1962 25.31 −2.28 pp
1961 27.59 +1.54 pp
1960 26.05

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.