Trade in goods with USA SITC (Standard International Trade Classification)
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Portugal trade flows with USA by SITC*) product sections during 2020/10 - 2021/2

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


Share of USA's2020/10
%
2020/11
%
2020/12
%
2021/1
%
2021/2
%
Export0.20.10.10.10.2
Import0.20.20.10.20.2
Trade in Goods0.20.10.10.20.2

USA's foreign trade with Portugal, exports to Portugal and imports from Portugal in February 2021


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 February Portugal was USA's 54. largest foreign trade partner. Decrease from the previous month was 2 places. Amounting trade to worth of $555 million was 4.2 per cent bigger than in February of the previous year. In February the trade balance with Portugal was $128 million in deficit for United States of America.

The value of imports from Portugal decreased by 13.2 per cent compared to in February of the previous year, thus amounting to $342 million in February 2021. 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 20.1 percent of imports, Sitc542 (medicaments (including veterinary medicaments)) 6.4 % and Sitc633 (cork manufactures) 4.4 % of the imports.

Exports to Portugal grew strongly over the previous year's February. The value of exports was $214 million. The largest product groups of exports were: Sitc342 (liquefied propane and butane), which represented a share of 51.1 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 11.8 % and Sitc343 (natural gas, whether or not liquefied) 7.0 % of the exports.

Development during January-February 2021

During January-February, trade in goods with Portugal has grown faster than USA's trade in goods with the rest of the world. During January-February, the value of trade in goods between the two countries rose to $1.1 billion. Growth compared to the corresponding period of the previous year was 4.0 percent. During January-February the value of imports was $708 million. The export value was $351 million. Compared to the corresponding period January - February in 2020, the value of imports during this period decreased by 0.4 %. 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 $116 million. In export the largest value had Sitc342 (liquefied propane and butane), worth being $131 million. The value of exports during this period increased by 14.4 %. From USA's point of view, the trade balance between the countries in January-February remained in deficit. The trade deficit was $357 million. The trade deficit narrowed compared to the corresponding period in 2020. At that time, the deficit was $404 million.


Table: USA's export to Portugal (PT) during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 3,3 1.5 5,1 4.7 4,6 2.5 1,9 1.3 5,5 2.6
03. Fish and fish preparations 1,0 0.5 0,6 0.5 0,4 0.2 0,4 0.3 0,5 0.2
04. Cereals and cereal preparations 0,2 0.1 2,6 2.3 2,3 1.3 0 0.0 0,2 0.1
05. Vegetables and fruit 1,1 0.5 1,0 0.9 0,7 0.4 0,8 0.5 1,2 0.5
08. Feeding stuff for animals 0,6 0.2 0,4 0.3 0,8 0.4 0,4 0.3 3,1 1.4
1. Beverages and tobacco 0,1 0.0 0,8 0.7 0,2 0.1 0,1 0.0 0 0.0
11. Beverages 0,1 0.0 0,8 0.7 0,2 0.1 0,1 0.0 0 0.0
2. Crude materials,inedible,except fuels 56,8 26.3 12,1 11.0 66,2 36.7 23,3 17.0 3,2 1.5
22. Oil seeds,oleaginous fruits 54,1 25.1 8,8 8.0 62,7 34.8 21,4 15.6 0 0.0
24. Cork and wood 1,9 0.8 2,4 2.2 2,7 1.5 0,8 0.6 1,6 0.7
26. Textile fibres and their wastes 0,1 0.0 0,5 0.4 0,4 0.2 0,6 0.4 0,8 0.3
29. Crude animal,vegetable materials n.e.s. 0,2 0.1 0,2 0.1 0,3 0.1 0,6 0.4 0,6 0.3
3. Mineral fuels etc 99,8 46.3 38,4 35.2 48,9 27.1 57,1 41.6 124,3 58.1
33. Petroleum and products 55,6 25.8 0,2 0.2 32,10 18.3 35,1 25.5 0,2 0.0
34. Gas,natural and manufactured 44,3 20.5 38,3 35.0 15,9 8.8 22,0 16.0 124,2 58.1
5. Chemicals and related products,n.e.s. 7,3 3.4 10,9 10.0 5,0 2.8 7,2 5.2 19,9 9.3
51. Organic chemicals 3,8 1.8 5,4 4.9 0,5 0.2 1,4 1.0 5,3 2.5
52. Inorganic chemicals 0,1 0.0 0,1 0.0 0,4 0.2 0,4 0.3 6,9 3.2
54. Medicinal and pharmaceutical products 0,6 0.3 2,8 2.5 0,3 0.1 0,7 0.5 0,9 0.4
55. Perfume,cleaning etc.preparations 0,6 0.3 0,2 0.2 0,5 0.2 0,4 0.2 0,4 0.2
57. Plastics in primary forms 1,5 0.7 1,5 1.3 2,6 1.4 2,5 1.8 5,4 2.5
59. Chemical materials and products,n.e.s. 0,5 0.2 0,8 0.7 0,7 0.4 1,3 0.9 0,8 0.4
6. Basic manufactures 4,6 2.1 2,9 2.6 3,10 2.2 6,3 4.6 4,2 2.0
62. Rubber manufactures,n.e.s. 0,6 0.2 0,1 0.1 0,4 0.2 1,5 1.0 0,2 0.1
63. Wood and cork manufactures 1,2 0.6 0,6 0.5 0,5 0.2 1,1 0.8 0,9 0.4
64. Paper,paperboard and articles thereof 0,7 0.3 0,5 0.4 0,5 0.3 0,3 0.2 0,2 0.0
66. Non-metallic mineral manufactures,n.e.s. 0,8 0.3 0,5 0.4 1,1 0.6 1,3 0.9 0,7 0.3
69. Manufactures of metals,n.e.s. 1,0 0.5 1,1 0.9 1,3 0.7 1,9 1.3 1,9 0.9
7. Machinery,transport equipment 28,6 13.3 24,7 22.5 28,9 16.0 29,6 21.5 44,4 20.7
71. Power generating machinery and equipment 10,2 4.7 4,3 3.9 6,8 3.8 4,10 3.6 6,8 3.1
72. Machinery for specialized industries 1,5 0.7 0,7 0.6 1,1 0.6 0,7 0.5 1,4 0.6
74. General industrial machinery n.e.s. 3,7 1.7 2,8 2.5 2,6 1.4 3,5 2.5 2,8 1.3
75. Office machines and adp machines 1,1 0.5 1,1 1.0 0,7 0.4 0,8 0.5 1,1 0.5
76. Telecommunications and sound recording equipment 2,8 1.3 2,2 1.9 2,10 1.6 1,9 1.4 1,5 0.7
77. Electric machinery,n.e.s.and parts 3,3 1.5 2,6 2.3 3,9 2.1 3,7 2.7 3,3 1.5
78. Road vehicles 1,7 0.8 1,6 1.5 2,4 1.3 1,4 1.0 2,4 1.1
79. Other transport equipment 4,5 2.0 9,6 8.8 8,6 4.8 12,9 9.4 25,3 11.8
8. Miscellaneous manufactured articles 8,3 3.8 9,6 8.8 16,9 9.4 7,1 5.1 6,4 3.0
84. Articles of apparel and clothing accessories 0,4 0.2 0,6 0.5 0,6 0.3 0,6 0.4 0,5 0.2
87. Instruments and apparates n.e.s. 2,9 1.3 3,4 3.0 3,5 1.9 3,6 2.6 2,3 1.0
89. Miscellaneous manufactured articles,n.e.s. 4,6 2.1 5,5 5.0 12,3 6.8 2,5 1.8 3,2 1.5
9. Goods not classified elsewhere 7,0 3.2 5,0 4.6 5,8 3.2 5,1 3.7 6,2 2.9
93. Special transactions and commodities not classified 1,8 0.8 2,4 2.2 1,7 0.9 1,8 1.3 1,4 0.6
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 5,3 2.4 2,6 2.4 4,2 2.3 3,3 2.4 4,8 2.2
0-9. All groups combined 215,6 100.0 109,2 100.0 180,1 100.0 137,3 100.0 213,8 100.0

Source: US Census Bureau

Table: Import from Portugal (PT) to USA during 2020/10 - 2021/2

2020 / 102020 / 112020 / 122021 / 12021 / 2
million $%million $%million $%million $%million $%
0. Food and live animals 9,3 2.8 8,1 2.5 4,6 1.4 4,1 1.1 3,2 0.9
02. Dairy products and birds' eggs 0,8 0.2 0,9 0.2 0,6 0.2 0,5 0.1 0,2 0.1
03. Fish and fish preparations 2,1 0.6 2,2 0.7 1,7 0.5 1,7 0.5 0,8 0.2
04. Cereals and cereal preparations 4,4 1.3 1,5 0.4 0,3 0.1 0,4 0.1 0,3 0.1
05. Vegetables and fruit 1,5 0.4 2,8 0.8 1,5 0.5 1,1 0.3 1,1 0.3
07. Coffee,tea,cocoa,spices 0,5 0.1 0,7 0.2 0,3 0.1 0,2 0.0 0,5 0.1
1. Beverages and tobacco 9,9 2.9 10,6 3.3 8,1 2.5 10,6 2.9 7,7 2.2
11. Beverages 9,9 2.9 10,6 3.3 8,1 2.5 10,6 2.9 7,7 2.2
2. Crude materials,inedible,except fuels 5,2 1.5 4,1 1.3 3,2 1.0 3,3 0.9 3,6 1.0
24. Cork and wood 0,4 0.1 0,8 0.2 0,6 0.2 0,4 0.1 0,4 0.1
26. Textile fibres and their wastes 3,1 0.9 2,0 0.6 1,5 0.5 1,9 0.5 2,5 0.7
28. Metalliferous ores and metal scrap 1,6 0.5 1,3 0.4 1,2 0.3 0,10 0.3 0,8 0.2
3. Mineral fuels etc 42,7 12.7 26,1 8.1 43,7 13.8 47,3 12.9 68,8 20.1
33. Petroleum and products 42,7 12.7 26,1 8.1 43,7 13.8 47,3 12.9 68,8 20.1
4. Animal and vegetable oils and fats 4,7 1.4 6,5 2.0 7,3 2.3 11,9 3.2 5,9 1.7
42. Fixed vegetable fats and oils 4,7 1.4 6,5 2.0 7,3 2.3 11,9 3.2 5,9 1.7
5. Chemicals and related products,n.e.s. 35,4 10.6 36,5 11.3 32,4 10.2 47,6 13.0 34,4 10.0
51. Organic chemicals 15,1 4.5 10,2 3.1 11,2 3.5 14,3 3.9 8,1 2.4
54. Medicinal and pharmaceutical products 14,10 4.5 22,3 6.9 17,7 5.5 29,2 8.0 22,3 6.5
55. Perfume,cleaning etc.preparations 1,4 0.4 0,9 0.3 0,5 0.1 0,8 0.2 0,6 0.2
57. Plastics in primary forms 1,2 0.3 1,0 0.3 1,1 0.3 1,2 0.3 0,9 0.3
58. Plastics in non-primary forms 1,6 0.5 1,7 0.5 1,7 0.5 1,4 0.4 1,7 0.5
59. Chemical materials and products,n.e.s. 0,6 0.2 0,5 0.1 0,4 0.1 0,6 0.1 0,7 0.2
6. Basic manufactures 91,6 27.3 100,2 31.0 94,8 29.8 105,6 28.8 88,2 25.8
61. Leather,dressed fur,etc. 0,6 0.2 0,8 0.2 0,8 0.2 0,10 0.3 0,9 0.3
62. Rubber manufactures,n.e.s. 18,0 5.4 25,7 8.0 21,5 6.7 21,8 5.9 13,2 3.8
63. Wood and cork manufactures 14,0 4.2 15,0 4.6 18,0 5.7 16,5 4.5 16,5 4.8
64. Paper,paperboard and articles thereof 11,8 3.5 8,2 2.5 9,4 2.9 8,8 2.4 6,7 1.9
65. Textile yarn,fabrics,made up articles,etc. 20,1 6.0 22,7 7.0 20,4 6.4 26,10 7.3 23,4 6.8
66. Non-metallic mineral manufactures,n.e.s. 14,7 4.4 14,7 4.5 14,4 4.5 17,5 4.8 14,8 4.3
67. Iron and steel 2,8 0.8 2,8 0.9 2,4 0.8 2,5 0.7 2,2 0.6
69. Manufactures of metals,n.e.s. 9,9 2.9 10,3 3.2 8,1 2.5 10,9 3.0 10,8 3.2
7. Machinery,transport equipment 62,2 18.5 56,7 17.6 55,6 17.5 70,10 19.4 53,4 15.6
71. Power generating machinery and equipment 13,10 4.2 5,1 1.6 13,7 4.3 24,4 6.7 4,9 1.4
72. Machinery for specialized industries 3,7 1.1 3,1 1.0 2,4 0.7 3,4 0.9 3,0 0.9
73. Metal working machinery 0,3 0.1 0,3 0.1 0,2 0.1 0,8 0.2 0,9 0.2
74. General industrial machinery n.e.s. 13,8 4.1 8,10 2.8 7,8 2.4 10,10 3.0 10,5 3.1
75. Office machines and adp machines 0,8 0.2 0,4 0.1 0,3 0.1 0,9 0.2 0,6 0.2
76. Telecommunications and sound recording equipment 8,3 2.5 9,5 2.9 9,9 3.1 11,0 3.0 14,6 4.2
77. Electric machinery,n.e.s.and parts 17,2 5.1 22,3 6.9 16,5 5.2 13,10 3.8 15,8 4.6
78. Road vehicles 4,1 1.2 6,0 1.8 4,5 1.4 4,9 1.3 2,8 0.8
79. Other transport equipment 0,2 0.1 1,3 0.4 0,6 0.2 0,10 0.3 0,8 0.2
8. Miscellaneous manufactured articles 62,5 18.7 59,8 18.5 60,7 19.1 58,2 15.9 63,8 18.7
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,6 0.2 1,1 0.3 0,4 0.1 0,3 0.1 0,4 0.1
82. Furniture and parts thereof 6,7 2.0 10,2 3.1 7,4 2.3 6,5 1.8 7,0 2.0
84. Articles of apparel and clothing accessories 20,5 6.1 20,7 6.4 23,1 7.2 20,8 5.7 23,8 6.9
85. Footwear 10,3 3.1 9,6 2.9 10,8 3.4 12,8 3.5 11,8 3.5
87. Instruments and apparates n.e.s. 17,1 5.1 7,9 2.4 10,4 3.2 11,3 3.1 14,2 4.1
88. Photographic equipment,optical goods etc. 0,2 0.0 0,5 0.1 0,4 0.1 0,6 0.1 0,2 0.1
89. Miscellaneous manufactured articles,n.e.s. 7,2 2.1 10,0 3.1 8,1 2.5 6,3 1.7 6,4 1.9
9. Goods not classified elsewhere 11,9 3.5 14,6 4.5 7,7 2.4 6,10 1.9 13,2 3.9
93. Special transactions and commodities not classified 7,8 2.3 10,4 3.2 3,7 1.1 3,4 0.9 9,4 2.7
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 4,2 1.2 4,3 1.3 4,1 1.3 3,7 1.0 3,9 1.1
0-9. All groups combined 334,9 100.0 322,7 100.0 317,6 100.0 366,1 100.0 341,8 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - February (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - February (ATP)

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