Trade in goods with USA SITC (Standard International Trade Classification)
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Portugal trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export0.10.10.10.10.1
Import0.20.20.20.10.2
Trade in Goods0.20.20.10.10.1

USA's foreign trade with Portugal, exports to Portugal and imports from Portugal in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Portugal was USA's 57. largest foreign trade partner. Most of the value of trade between the countries consists of the import to USA. $397 million worth of trade was 23.7 per cent lower than in Juli of the previous year. In Juli the trade balance with Portugal was $213 million in deficit for United States of America.

The value of imports from Portugal decreased by 20.4 per cent compared to in Juli of the previous year, thus amounting to $305 million in Juli 2020. Major product categories of imports from Portugal were Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), representing 15.6 percent of imports, Sitc633 (cork manufactures) 6.5 % and Sitc542 (medicaments (including veterinary medicaments)) 6.3 % of the imports.

The value of exports to Portugal declined by 32.7 per cent compared to in Juli of the previous year, thus amounting to $92 million in Juli 2020. The largest product groups of exports were: Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), which represented a share of 39.3 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 14.5 % and Sitc714 (engines and motors, non-electric (other than those of groups 712, 713 and 718); parts, n.e.s., of these engines and motors) 9.5 % of the exports.

Development during January-Juli 2020

The trade in goods between January and Juli of 2020 was of lesser value than in the corresponding period of the previous year. The value of the trade was $3.0 billion, down 7.8 %. During January-Juli the value of imports was $2.2 billion. The export value was $806 million. Compared to the corresponding period in 2019, the value of imports decreased by -4.2% and the value of exports by -16.4 %. The largest value in imports was in Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), worth $494 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $107 million. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $1.4 billion. The trade deficit continued to widen compared to the corresponding period in 2019. At that time, the deficit was $1.4 billion.


Table: USA's export to Portugal (PT) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 3,6 3.1 6,1 4.7 8,0 10.3 7,8 9.2 2,9 3.1
03. Fish and fish preparations 1,3 1.1 3,4 2.6 0,8 1.0 0,2 0.2 0,4 0.4
04. Cereals and cereal preparations 0,1 0.1 0,1 0.1 1,4 1.8 5,9 6.9 0 0.0
05. Vegetables and fruit 1,4 1.2 2,1 1.5 1,5 1.8 1,0 1.2 1,4 1.5
08. Feeding stuff for animals 0,3 0.2 0,2 0.1 4,1 5.3 0,5 0.5 0,7 0.7
1. Beverages and tobacco 2,5 2.1 0,1 0.0 0,1 0.1 0,1 0.0 0,2 0.1
12. Tobacco and tobacco manufactures 2,4 2.1 0 0.0 0 0.0 0 0.0 0 0.0
2. Crude materials,inedible,except fuels 4,5 3.8 2,7 2.0 3,0 3.9 6,0 7.1 1,8 1.8
24. Cork and wood 2,2 1.9 1,3 0.9 1,8 2.2 1,6 1.8 1,0 1.0
26. Textile fibres and their wastes 0,9 0.7 0,8 0.6 0,1 0.0 0,1 0.0 0,1 0.0
29. Crude animal,vegetable materials n.e.s. 0,8 0.7 0,2 0.1 0,7 0.9 3,8 4.5 0,2 0.2
3. Mineral fuels etc 29,6 25.7 68,2 52.2 0,1 0.0 8,3 9.9 36,5 39.5
33. Petroleum and products 23,2 20.2 0,1 0.0 0,1 0.0 0,1 0.0 36,5 39.5
34. Gas,natural and manufactured 6,4 5.6 68,2 52.1 0 0.0 8,3 9.8 0 0.0
5. Chemicals and related products,n.e.s. 12,4 10.8 4,5 3.4 21,2 27.4 16,7 19.8 5,9 6.3
51. Organic chemicals 6,8 5.8 0,1 0.0 1,1 1.3 2,3 2.7 0,3 0.3
54. Medicinal and pharmaceutical products 0,5 0.4 0,10 0.7 13,9 17.9 7,5 8.9 1,1 1.1
57. Plastics in primary forms 3,10 3.4 2,0 1.5 5,1 6.6 5,8 6.8 3,5 3.7
59. Chemical materials and products,n.e.s. 0,6 0.5 0,5 0.4 0,5 0.5 0,4 0.5 0,4 0.4
6. Basic manufactures 4,4 3.8 3,10 3.0 4,3 5.5 4,2 4.9 4,2 4.5
62. Rubber manufactures,n.e.s. 0,2 0.1 0,2 0.1 0,4 0.5 0,3 0.3 1,0 1.1
63. Wood and cork manufactures 0,8 0.7 0,3 0.2 0,7 0.9 1,3 1.5 0,4 0.4
64. Paper,paperboard and articles thereof 0,8 0.7 1,2 0.9 0,4 0.4 0,7 0.8 0,5 0.5
66. Non-metallic mineral manufactures,n.e.s. 0,8 0.6 0,4 0.3 0,4 0.5 0,6 0.6 0,5 0.4
69. Manufactures of metals,n.e.s. 1,2 1.0 1,4 1.0 1,5 1.9 0,10 1.1 1,2 1.3
7. Machinery,transport equipment 43,3 37.6 36,5 27.9 32,8 42.3 32,1 38.1 33,2 35.9
71. Power generating machinery and equipment 15,5 13.5 14,5 11.1 18,0 23.2 10,8 12.8 9,2 9.9
72. Machinery for specialized industries 2,4 2.0 1,3 0.9 2,2 2.7 1,8 2.1 0,9 0.9
74. General industrial machinery n.e.s. 3,7 3.1 3,2 2.4 3,0 3.9 2,6 3.0 1,9 2.0
75. Office machines and adp machines 1,2 1.0 0,10 0.7 1,1 1.4 0,6 0.6 2,0 2.1
76. Telecommunications and sound recording equipment 3,2 2.8 3,2 2.4 1,2 1.5 3,7 4.4 1,8 1.9
77. Electric machinery,n.e.s.and parts 4,9 4.2 1,9 1.4 2,0 2.5 1,9 2.3 2,3 2.4
78. Road vehicles 1,7 1.5 0,8 0.6 0,9 1.1 1,6 1.8 2,0 2.1
79. Other transport equipment 10,9 9.4 10,9 8.3 4,5 5.7 9,4 11.1 13,5 14.6
8. Miscellaneous manufactured articles 8,10 7.8 4,6 3.5 4,8 6.1 5,3 6.3 5,2 5.6
87. Instruments and apparates n.e.s. 4,6 4.0 3,2 2.4 2,8 3.5 2,2 2.5 2,1 2.2
88. Photographic equipment,optical goods etc. 0,5 0.4 0,1 0.0 0,2 0.2 0,10 1.1 0,8 0.8
89. Miscellaneous manufactured articles,n.e.s. 3,4 2.9 1,4 1.0 1,7 2.1 2,2 2.6 1,9 2.0
9. Goods not classified elsewhere 5,7 4.9 4,4 3.3 3,5 4.4 3,10 4.7 2,9 3.1
93. Special transactions and commodities not classified 2,10 2.5 1,2 0.8 1,6 2.0 2,1 2.4 0,10 1.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 2,7 2.3 3,2 2.4 1,9 2.4 1,9 2.3 1,10 2.1
0-9. All groups combined 114,10 100.0 130,7 100.0 77,4 100.0 84,1 100.0 92,3 100.0

Source: US Census Bureau

Table: Import from Portugal (PT) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 4,6 1.2 3,3 1.0 4,0 1.5 3,5 1.5 4,3 1.4
00. Live animals 0,1 0.0 0 0.0 0,7 0.3 0,1 0.0 0,1 0.0
03. Fish and fish preparations 1,1 0.3 1,2 0.3 1,5 0.5 1,4 0.6 1,10 0.6
04. Cereals and cereal preparations 0,5 0.1 0,4 0.1 0,4 0.1 0,7 0.3 0,8 0.2
05. Vegetables and fruit 2,2 0.5 1,2 0.3 0,9 0.3 0,7 0.3 1,2 0.4
1. Beverages and tobacco 7,3 1.8 10,9 3.3 9,7 3.6 8,2 3.6 11,1 3.6
11. Beverages 7,3 1.8 10,9 3.3 9,7 3.6 8,2 3.6 11,1 3.6
2. Crude materials,inedible,except fuels 3,8 1.0 3,3 1.0 5,1 1.9 4,4 1.9 4,8 1.6
24. Cork and wood 0,6 0.1 0,5 0.1 0,6 0.2 0,8 0.4 0,6 0.2
26. Textile fibres and their wastes 1,4 0.3 1,2 0.3 2,7 1.0 2,0 0.9 2,7 0.9
28. Metalliferous ores and metal scrap 1,7 0.4 1,5 0.4 1,8 0.6 1,5 0.7 1,5 0.5
3. Mineral fuels etc 73,3 18.5 97,3 29.1 57,5 21.2 6,4 2.8 47,5 15.6
33. Petroleum and products 73,3 18.5 97,3 29.1 57,5 21.2 6,4 2.8 47,5 15.6
4. Animal and vegetable oils and fats 5,5 1.4 10,3 3.1 17,4 6.4 17,1 7.6 15,7 5.1
42. Fixed vegetable fats and oils 5,5 1.4 10,3 3.1 17,4 6.4 17,1 7.6 15,6 5.1
5. Chemicals and related products,n.e.s. 33,0 8.3 39,5 11.8 13,1 4.8 25,4 11.3 30,5 10.0
51. Organic chemicals 15,4 3.9 11,6 3.5 0,4 0.1 5,6 2.5 7,5 2.4
54. Medicinal and pharmaceutical products 13,9 3.5 20,7 6.2 9,2 3.4 16,3 7.2 19,7 6.4
55. Perfume,cleaning etc.preparations 0,6 0.2 0,3 0.1 0,7 0.2 0,2 0.0 0,6 0.2
57. Plastics in primary forms 0,9 0.2 4,7 1.4 1,1 0.4 1,2 0.5 1,3 0.4
58. Plastics in non-primary forms 1,7 0.4 1,6 0.5 1,3 0.5 1,3 0.5 0,8 0.3
59. Chemical materials and products,n.e.s. 0,3 0.1 0,6 0.2 0,5 0.1 1,0 0.4 0,5 0.2
6. Basic manufactures 104,10 26.5 81,7 24.4 87,5 32.3 77,6 34.5 76,3 25.0
62. Rubber manufactures,n.e.s. 18,2 4.6 11,8 3.5 8,8 3.2 8,8 3.9 7,2 2.4
63. Wood and cork manufactures 25,0 6.3 21,3 6.4 32,3 11.9 28,9 12.8 21,4 7.0
64. Paper,paperboard and articles thereof 13,4 3.4 8,6 2.6 12,3 4.5 8,1 3.6 7,6 2.5
65. Textile yarn,fabrics,made up articles,etc. 20,7 5.2 17,0 5.1 12,2 4.5 11,4 5.0 15,4 5.0
66. Non-metallic mineral manufactures,n.e.s. 13,10 3.5 10,4 3.1 8,6 3.2 8,1 3.6 11,2 3.7
67. Iron and steel 2,3 0.6 2,2 0.6 2,9 1.0 2,0 0.9 1,9 0.6
69. Manufactures of metals,n.e.s. 11,5 2.9 10,7 3.2 10,6 3.9 10,3 4.6 11,5 3.8
7. Machinery,transport equipment 63,0 15.9 33,2 9.9 33,9 12.5 38,10 17.3 50,2 16.5
71. Power generating machinery and equipment 1,1 0.3 0,9 0.3 0,2 0.1 0,3 0.1 0,4 0.1
72. Machinery for specialized industries 2,9 0.7 2,1 0.6 2,6 0.9 1,9 0.8 2,1 0.7
73. Metal working machinery 0,6 0.1 0,4 0.1 0,4 0.1 0,6 0.3 0,4 0.1
74. General industrial machinery n.e.s. 8,7 2.2 8,5 2.5 9,4 3.5 11,7 5.2 10,3 3.4
75. Office machines and adp machines 0,6 0.1 0,9 0.3 0,4 0.1 0,3 0.1 0,3 0.1
76. Telecommunications and sound recording equipment 14,5 3.6 5,8 1.7 6,10 2.6 7,4 3.3 10,10 3.6
77. Electric machinery,n.e.s.and parts 24,9 6.3 11,9 3.5 9,6 3.5 12,9 5.7 19,5 6.4
78. Road vehicles 9,5 2.4 2,8 0.8 3,9 1.4 3,5 1.5 6,2 2.0
79. Other transport equipment 0,8 0.2 0,3 0.1 0,7 0.2 0,8 0.4 0,4 0.1
8. Miscellaneous manufactured articles 77,3 19.5 35,4 10.6 31,4 11.6 32,5 14.5 52,8 17.3
82. Furniture and parts thereof 10,6 2.7 7,5 2.2 2,8 1.0 4,5 2.0 8,2 2.7
84. Articles of apparel and clothing accessories 20,5 5.2 8,8 2.6 9,6 3.5 14,3 6.4 18,9 6.2
85. Footwear 10,3 2.6 6,3 1.9 6,3 2.3 6,4 2.8 14,9 4.9
87. Instruments and apparates n.e.s. 8,7 2.2 9,9 2.9 8,4 3.1 2,2 1.0 5,5 1.8
89. Miscellaneous manufactured articles,n.e.s. 26,6 6.7 2,10 0.9 4,3 1.6 4,7 2.1 5,2 1.7
9. Goods not classified elsewhere 23,4 5.9 19,7 5.9 11,7 4.3 10,10 4.9 12,1 4.0
93. Special transactions and commodities not classified 19,2 4.8 17,2 5.1 9,3 3.4 8,3 3.7 8,5 2.8
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 4,2 1.1 2,5 0.7 2,4 0.9 2,7 1.2 3,6 1.2
0-9. All groups combined 395,8 100.0 334,2 100.0 271,0 100.0 224,5 100.0 304,9 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

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