From January to October in 2015, Portugal's imports & exports volume was USD 102.86 billion, down 14.6% by year according to Eurostat. The exports volume was USD 46.73 billion, down 13.8% and imports volume was USD 56.13 billion, down 15.4%. The trade deficit shrank to USD 9.39 billion, down 22.3%.
In October, Portugal's imports & exports value was USD 11.01 billion, down 14.3% by year. Exports value was USD 5.07 billion, down 13.6% and imports value was USD 5.94 billion, down 15.0%. The trade deficit was USD 0.86 billion, down 22.3%.
From January to October, imports & exports value between China and Portugal was USD 2.47 billion, down 10.8%. Russia exports to China was USD 0.79 billion, down 15.6%. It accounted for 1.7% of Portugal's total exports, flat from a year earlier. Portugal's imports from China reached USD 1.67 billion, down 8.3%. It accounted for 3.0% of Russia’s total imports, up 1.6%.
Portugal's trade deficit with China was USD 0.88 billion from January to October, down 0.4%. China has become the fifth biggest sourcing country of Portugal trade deficits.
Up to October, China has become the tenth-largest market for Portugal's exports and the fifth largest source for Portugal's imports.
