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Trade between China and Portugal

In 2024, China exported $5.7 billion to Portugal and imported $1.9 billion. China ran a surplus of $3.8 billion with Portugal, compared with a surplus of $2.1 billion in 2019. Portugal was China’s 75th largest trading partner (0.1% of its trade), and China was Portugal’s 7th (4%).

Summary

China → Portugal
$5.7billion
Portugal → China
$1.9billion
China’s balance
$3.8billion

Balance

China’s trade balance with Portugal

Trade between China and Portugal grew 30-fold since 1995

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

  • Exports 5.7
  • Imports 1.9
  • Balance +3.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$205 million$50 million$156 million
1996$241 million$40 million$201 million
1997$258 million$56 million$202 million
1998$317 million$31 million$285 million
1999$310 million$44 million$266 million
2000$373 million$60 million$313 million
2001$330 million$76 million$254 million
2002$335 million$99 million$237 million
2003$447 million$206 million$240 million
2004$604 million$233 million$371 million
2005$753 million$299 million$454 million
2006$1 billion$328 million$709 million
2007$1.5 billion$339 million$1.2 billion
2008$2.1 billion$359 million$1.7 billion
2009$1.7 billion$467 million$1.2 billion
2010$2.2 billion$688 million$1.6 billion
2011$2.4 billion$900 million$1.5 billion
2012$2 billion$1.4 billion$578 million
2013$2 billion$1.2 billion$819 million
2014$2.4 billion$1.5 billion$964 million
2015$2.2 billion$1.2 billion$940 million
2016$3.5 billion$1.2 billion$2.3 billion
2017$3 billion$1.6 billion$1.4 billion
2018$3.3 billion$1.6 billion$1.7 billion
2019$3.6 billion$1.5 billion$2.1 billion
2020$3.6 billion$1.7 billion$1.9 billion
2021$4.7 billion$2.1 billion$2.6 billion
2022$6 billion$1.8 billion$4.1 billion
2023$5.8 billion$1.8 billion$3.9 billion
2024$5.7 billion$1.9 billion$3.8 billion

What they sell each other

What China sells to Portugal

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

  1. Diodes, transistors and solar cells$683 million · 11.9%
    293 thousand tonnes
  2. Cargo and cruise ships$204 million · 3.6%
    62 thousand tonnes · China’s destinations
  3. Cameras and broadcast equipment$171 million · 3%
    1 thousand tonnes
  4. Printed circuit boards$148 million · 2.6%
    3 thousand tonnes
  5. Bags, suitcases and cases$138 million · 2.4%
    11 thousand tonnes
  6. Refrigerators, freezers and heat pumps$110 million · 1.9%
    26 thousand tonnes · China’s destinations
  7. Electric heaters and hair dryers$95 million · 1.7%
    16 thousand tonnes
  8. Motorcycle and bicycle parts$86 million · 1.5%
    5 thousand tonnes
  9. Air conditioners$74 million · 1.3%
    9 thousand tonnes · China’s destinations
  10. Computer and office machine parts$71 million · 1.2%
    2 thousand tonnes

What Portugal sells to China

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

  1. Radar, GPS receivers and remote controls$428 million · 22.2%
    359 tonnes
  2. Auto parts$297 million · 15.3%
    2 thousand tonnes · Portugal’s destinations
  3. Microchips$138 million · 7.2%
    13 tonnes · China’s sources
  4. Copper scrap$126 million · 6.5%
    19 thousand tonnes
  5. Marble and travertine$76 million · 3.9%
    340 thousand tonnes
  6. T-shirts$73 million · 3.8%
    161 tonnes
  7. Dissolving wood pulp$69 million · 3.6%
    79 thousand tonnes
  8. Chemical wood pulp$50 million · 2.6%
    87 thousand tonnes · China’s sources
  9. Control panels$46 million · 2.4%
    166 tonnes
  10. Sweaters and pullovers$34 million · 1.8%
    102 tonnes

How it travels

Estimated sea route from Shanghai to Sines.

The estimated sea route between Shanghai and Sines is 13,100 nautical miles (24,261 km) long: ≈ 30.5–39 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore and the Cape of Good Hope (13,100 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait, the Suez Canal and the Strait of Gibraltar (9,613 nautical miles).

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$5.5 billion · 71.4%
  2. Air$2.2 billion · 28.6%

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

How much each matters to the other

Portugal was China’s 75th largest trading partner (0.1% of its trade), and China was Portugal’s 7th (4%).

Portugal in China’s trade
0.1%
Portugal’s rank among China’s partners
75th
China in Portugal’s trade
3.9%
China’s rank among Portugal’s partners
7th

Compare with

Other partners of China

Other partners of Portugal

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.