October 2011
Portugal
                         
BASIC INDICATORS
Population (thousands, 2010)  10 643 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  228 538 Merchandise  55 37
GDP (million current PPP US$, 2010)  272 166 excluding intra-EU trade - -
Current account balance (million US$, 2010) - 22 595 Commercial services 36 44
Trade per capita (US$, 2008-2010)  15 662 excluding intra-EU trade - -
Trade to GDP ratio (2008-2010)   69.9
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   103 1 -2 1
Exports of goods and services (volume, 2005=100)  a   106 1 -12 ...
Imports of goods and services (volume, 2005=100)  a   104 1 -11 ...
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 0.505
Trade Policy Review 6, 8 July 2011 Import duties collected
GPA accession  1 January 1996 in total tax revenue ...
Tariffs and duty free imports to total imports ...
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   17
Simple average of import duties Goods RTAs - services EIAs notified to WTO 31 - 10
All goods   5.0   5.1 Anti-dumping (30 June 2010) 149
Agricultural goods (AOA)   12.3   12.8 Countervailing duties (30 June 2010) 8
Non-agricultural goods   3.9   4.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   4.8   4.7 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 85 - 71
in agricultural goods (AOA)   41.1 Original panel / Appellate Body (AB) reports 33 - 32
in non-agricultural goods   51.4 Compliance panel / AB reports (Article 21.5 DSU) 4 - 4
Services sectors with GATS commitments   115 Arbitration awards (Article 22.6 DSU) 4 - 3
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  48 748 5 -23 10
Merchandise imports, c.i.f. (million US$)  75 648 4 -24 6
2010   2010
Share in world total exports    0.32 Share in world total imports  0.49
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   13.9 Agricultural products 15.1
Fuels and mining products   10.2 Fuels and mining products 17.5
Manufactures   73.3 Manufactures 66.8
  By main destination   By main origin
1. European Union (27)   73.3 1. European Union (27)   75.4
2. Angola   5.2 2. China   2.8
3. United States   3.6 3. Nigeria   2.4
4. Brazil   1.2 4. Brazil   1.8
5. Mexico   1.1 5. United States   1.5
    Unspecified destinations     2.8       Unspecified origins     0.2
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  22 986   9 -14 3
Commercial services imports (million US$)  14 198   7 -13 0
2010   2010
Share in world total exports   0.62   Share in world total imports 0.40
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   27.0   Transportation 30.2
Travel   43.9   Travel 27.5
Other commercial services   29.1   Other commercial services 42.3
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  132   33   165 ... ...  2 450  2 450
                         
a  Refers to 2009 and to the average annual percentage change for 2005-2009.