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Where does Portugal get its refined petroleum products? Import sources 2024

In 2024, Portugal imported $2.7 billion of refined petroleum products (3.7 million tonnes), 0.3% of the world total. Its main sources were Spain (49%), Saudi Arabia (16%) and the Netherlands (7%). Portugal was the world’s 65th-largest importer of refined petroleum products.

Summary

Value
$2.7billion
Tonnes
3.7million tonnes
Share of world total
0.3%
World rank
65th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Spain1.3Tonnes: 1,598,136USD per tonne: $82349.3%Sea
Saudi Arabia0.42Tonnes: 649,075USD per tonne: $64815.8%Sea
Netherlands re-exports0.19Tonnes: 307,316USD per tonne: $6267.2%Sea
Kuwait0.09Tonnes: 130,992USD per tonne: $7163.5%Sea
Italy0.09Tonnes: 129,965USD per tonne: $6963.4%Sea
India0.08Tonnes: 128,055USD per tonne: $6323%Sea
Belgium re-exports0.06Tonnes: 99,085USD per tonne: $6172.3%Sea
South Korea0.05Tonnes: 67,902USD per tonne: $7581.9%Sea
United States0.05Tonnes: 73,515USD per tonne: $6591.8%Sea
Turkey0.05Tonnes: 94,882USD per tonne: $5031.8%Sea
France0.05Tonnes: 62,022USD per tonne: $7491.7%Sea
Algeria0.04Tonnes: 66,000USD per tonne: $6451.6%Sea
Greece0.04Tonnes: 36,866USD per tonne: $1,1411.6%Sea
China0.03Tonnes: 41,263USD per tonne: $7241.1%Sea
Brazil0.03Tonnes: 99,000USD per tonne: $2560.95%Sea
Côte d'Ivoire0.02Tonnes: 30,452USD per tonne: $7130.81%Sea
United Kingdom0.02Tonnes: 28,830USD per tonne: $7010.76%Sea
Germany0.02Tonnes: 5,332USD per tonne: $3,1170.62%Sea
Poland< 0.01Tonnes: 1,176USD per tonne: $3,7500.17%Sea
Finland< 0.01Tonnes: 7,326USD per tonne: $5450.15%Sea

Trend

Who it buys from

Spain was its main source throughout the period

Value in USD billions. The five largest sources in 2024.

  • Spain 1.3
  • Saudi Arabia 0.42
  • Netherlands 0.19
  • Kuwait 0.09
  • Italy 0.09

Source: CEPII BACI

Show the numbers
Partner19952024
Spain0.091.3
Saudi Arabia00.42
Netherlands0.030.19
Kuwait00.09
Italy0.080.09

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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