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Trade between Canada and Portugal

In 2024, Canada exported $312 million to Portugal and imported $1.7 billion. Canada ran a deficit of $1.4 billion with Portugal, compared with a deficit of $618 million in 2019. Portugal was Canada’s 36th largest trading partner (0.2% of its trade), and Canada was Portugal’s 15th (1%).

Summary

Canada → Portugal
$312million
Portugal → Canada
$1.7billion
Canada’s balance
-$1.4billion

Balance

Canada’s trade balance with Portugal

Trade between Canada and Portugal grew 8-fold since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.3
  • Imports 1.7
  • Balance -1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$103 million$154 million-$52 million
1996$120 million$140 million-$20 million
1997$106 million$175 million-$69 million
1998$129 million$156 million-$27 million
1999$103 million$139 million-$36 million
2000$112 million$170 million-$58 million
2001$91 million$190 million-$100 million
2002$103 million$175 million-$72 million
2003$213 million$254 million-$41 million
2004$159 million$300 million-$141 million
2005$129 million$277 million-$147 million
2006$116 million$319 million-$203 million
2007$162 million$320 million-$158 million
2008$325 million$415 million-$90 million
2009$196 million$296 million-$100 million
2010$303 million$325 million-$22 million
2011$310 million$367 million-$57 million
2012$198 million$312 million-$114 million
2013$245 million$373 million-$127 million
2014$244 million$411 million-$167 million
2015$143 million$492 million-$349 million
2016$231 million$421 million-$190 million
2017$232 million$450 million-$218 million
2018$331 million$527 million-$196 million
2019$196 million$814 million-$618 million
2020$159 million$472 million-$312 million
2021$318 million$558 million-$240 million
2022$501 million$1.6 billion-$1.1 billion
2023$328 million$2.3 billion-$2 billion
2024$312 million$1.7 billion-$1.4 billion

What they sell each other

What Canada sells to Portugal

The top 10 headings in 2024, with their share of the total.

  1. Airplanes and helicopters$116 million · 37.1%
    74 tonnes · Canada’s destinations
  2. Wheat$25 million · 8.1%
    74 thousand tonnes · Canada’s destinations
  3. Soybeans$25 million · 7.9%
    51 thousand tonnes · Canada’s destinations
  4. 91 tonnes
  5. Corn$22 million · 7%
    118 thousand tonnes
  6. 12 thousand tonnes · Canada’s destinations
  7. Turbojets and gas turbines$10 million · 3.3%
    8 tonnes · Canada’s destinations
  8. Rapeseed (canola)$8 million · 2.4%
    20 thousand tonnes · Canada’s destinations
  9. Polyethylene$6 million · 2.1%
    5 thousand tonnes · Canada’s destinations
  10. Polypropylene$6 million · 2%
    6 thousand tonnes

What Portugal sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. Bulk medicines$1.2 billion · 68.9%
    9 tonnes
  2. Wine$55 million · 3.1%
    12 thousand tonnes · Canada’s sources
  3. Leather footwear$35 million · 2%
    670 tonnes
  4. Bed, table and kitchen linen$28 million · 1.6%
    3 thousand tonnes
  5. Furniture$26 million · 1.5%
    7 thousand tonnes · Canada’s sources
  6. T-shirts$20 million · 1.2%
    598 tonnes
  7. New tires$19 million · 1.1%
    3 thousand tonnes · Portugal’s destinations
  8. Sweaters and pullovers$19 million · 1.1%
    469 tonnes
  9. Men's suits and trousers$13 million · 0.75%
    176 tonnes
  10. 133 tonnes · Portugal’s destinations

How it travels

Estimated sea route from Vancouver to Sines.

The estimated sea route between Vancouver and Sines is 8,450 nautical miles (15,649 km) long: ≈ 19.5–25 days at sea (at 18 and 14 knots).

Passages it crosses: Panama Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$549 million · 26.8%
  2. Air$1.5 billion · 73.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Portugal was Canada’s 36th largest trading partner (0.2% of its trade), and Canada was Portugal’s 15th (1%).

Portugal in Canada’s trade
0.2%
Portugal’s rank among Canada’s partners
36th
Canada in Portugal’s trade
1%
Canada’s rank among Portugal’s partners
15th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.