Country exposure · PT

Portugal
Europe · Lisbon · semi-presidential republic
What Portugal means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$6.3B
U.S. imports, 2025
-7.8%
change in one year
$2.8B
U.S. exports, 2025
10M
Population
$308.7B
GDP
In your house
What you buy that Portugal makes
America bought $6.3B in goods from Portugal in 2025. Of every $100 of it, here's where the money went.
Pharmaceutical preparations
medicines and pharmacy items
Petroleum products, other
gasoline and petroleum products
Automotive tires and tubes
tires
Apparel, household goods - cotton
cotton clothing and linens
Industrial supplies, other
Footwear
shoes and sneakers
Apparel, textiles, nonwool or cotton
synthetic and performance apparel
Electric apparatus
Chemicals-organic
Furniture, household goods, etc.
furniture, mattresses, lamps
2026 so far (through April): $1.8B in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Portugal
$2.8B in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Civilian aircraft, engines, equipment, and parts
$473MGas-natural
$428MCrude oil
$243MCorn
$207MNatural gas liquids
$135MSemiconductors
$103Msemiconductors and chips
Chemicals-organic
$103MPlastic materials
$92Mplastics for packaging and goods
Soybeans
$72Mmeat at the counter
Where you stand
U.S. tariff posture toward Portugal
Since February 24, 2026 most EU goods face the universal 10% Section 122 temporary import surcharge, which replaced the framework's 15% all-inclusive IEEPA structure when EO 14389 terminated the reciprocal tariffs. The framework's Section 232 terms persist: EU autos at 15%, and the April 2026 metals expansion expressly preserved the EU's trade-agreement-partner treatment (steel and aluminum otherwise at 50%).
The United States negotiates tariffs with the European Union as a single market — every measure here applies to Portugal as an EU member.
Reciprocal tariff (assigned — terminated)
20%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Section 232 sectors
Autos, Wood
Steel, aluminum, autos, and similar national-security tariffs that name this country.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward the European Union — and with it Portugal — has changed 11 times since 2025. This page tracks it.
2026-04-06
EU treatment preserved in expanded metals tariffs
In effectThe April 2026 proclamation expanding Section 232 coverage of aluminum, steel, and copper derivatives expressly does not alter or supersede the prior U.S.–EU agreement implementation, and lists the EU among 'Trade Agreement Partners' eligible for its exclusion process.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including those under EO 14257, the basis of the EU's 15% all-inclusive structure — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them. The framework's Section 232 terms (the 15% EU autos cap, metals carve-outs) rest on separate authority and were expressly unaffected.
91 FR 9437 →2025-09-25
Framework implemented: preferential treatment for certain EU goods
In effectActing under the September 8, 2025 procedures order, Commerce and USTR modified the HTSUS to implement the framework — preferential (zero) reciprocal treatment for certain EU goods and a reduction of the Section 232 automobile and parts duty to 15% for EU-origin vehicles.
90 FR 46136 →2025-08-21
U.S.–EU Framework Agreement joint statement
AgreementThe United States and the European Union issued the Joint Statement on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade: the U.S. committed to the 15% all-inclusive ceiling, zero reciprocal duty on certain products, and a cut of the Section 232 automobile duty to 15%; the EU committed to eliminate tariffs on U.S. industrial goods and expand agricultural access, plus $750B in U.S. energy procurement through 2028.
Source ↗2025-08-07
15% all-inclusive structure replaces the 20% rate
In effectThe July 31, 2025 order ('Further Modifying the Reciprocal Tariff Rates') gave the EU a unique structure effective August 7, 2025: for goods with an MFN (Column 1) rate below 15%, the reciprocal duty tops the total up to exactly 15%; goods with an MFN rate of 15% or higher pay no additional reciprocal duty.
Federal Register · 2025-15010 →2025-07-09
Reciprocal-rate pause extended to August 1
In effectThe July 7, 2025 order extended the suspension of country-specific reciprocal rates through August 1, 2025, keeping the EU at the 10% baseline while framework talks continued.
90 FR 30823 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% effective June 4, 2025, with no EU carve-out.
90 FR 24199 →2025-04-10
90-day pause suspends the 20% rate back to 10%
In effectThe April 9, 2025 modification order suspended country-specific reciprocal rates for 90 days for all partners except China, returning the EU to the 10% universal baseline effective April 10, 2025 while negotiations proceeded.
90 FR 15625 →2025-04-09
EU country-specific reciprocal rate of 20% takes effect
In effectAnnex I of Executive Order 14257 assigned the European Union a 20% country-specific reciprocal rate, effective April 9, 2025 — the rate still carried for the EU in the HTS Chapter 99 Subchapter III note.
Federal Register · 2025-06063 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, including the EU, effective April 5, 2025. The order singled out the EU's 5% average MFN rate and 10% passenger-vehicle tariff as examples of non-reciprocal treatment.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum arrangements terminated — 25% duties on EU metals
In effectProclamations of February 10, 2025 ended the EU's tariff-rate-quota arrangements for steel and aluminum and raised the aluminum duty from 10% to 25%, applying 25% Section 232 duties to EU steel and aluminum effective March 12, 2025.
90 FR 9817 →
Made for America
What Portugal makes for America
Portugal is a direct U.S. source of 12 essential goods Americans rely on — the items themselves, shipped finished off the line.
energy
3% of U.S.Gasoline and diesel
$529M to the U.S.
materials
1% of U.S.Clothing and apparel
$428M to the U.S.
materials
2% of U.S.Tires
$394M to the U.S.
materials
1% of U.S.Footwear
$215M to the U.S.
health
OTC medicines
$206M to the U.S.
home
2% of U.S.Towels & home linens
$132M to the U.S.
materials
Furniture
$118M to the U.S.
health
Cancer and specialty drugs
$116M to the U.S.
food
1% of U.S.Beer, wine, and spirits
$107M to the U.S.
materials
Steel and iron products
$90M to the U.S.
digital
Fiber optic cables and networking
$90M to the U.S.
home
1% of U.S.Tableware & dishware
$78M to the U.S.
Go deeper
The supply chain view
Portugal sits upstream of 12 essential American goods through 12 tracked inputs.
manufactured
26%LED Phosphor (Rare-Earth YAG)
agricultural
11%Natural Hog Gut Casings (Weasands, Runners, Rounds)
agricultural
8%BEKP Eucalyptus Pulp (Bleached Eucalyptus Kraft Pulp)
manufactured
5%Bulk liquid oxygen storage tanks (dewars/vessels)
agricultural
4%Hand-Knotted Rug Wool Yarn
manufactured
4%Bedding Textiles (Sheets/Ticking/Covers)
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
A global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of Brazil, its wealthiest colony, in 1822. A revolution deposed the monarchy in 1910, and for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup ushered in broad democratic reforms. The following year, Portugal granted independence to all its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.

Geography
- Location
- Southwestern Europe, bordering the North Atlantic Ocean, west of Spain
- Area
- 92,090 sq km
- Climate
- maritime temperate; cool and rainy in north, warmer and drier in south
- Terrain
- the west-flowing Tagus River divides the country: the north is mountainous toward the interior, while the south is characterized by rolling plains
- Natural resources
- fish, forests (cork), iron ore, copper, zinc, tin, tungsten, silver, gold, uranium, marble, clay, gypsum, salt, arable land, hydropower
- Coastline
- 1,793 km
- Natural hazards
- Azores subject to severe earthquakes volcanism: limited volcanic activity in the Azores Islands; Fayal or Faial (1,043 m) last erupted in 1958; most volcanoes have not erupted in centuries; historically active volcanoes include Agua de Pau, Furnas, Pico, Picos Volcanic System, San Jorge, Sete Cidades, and Terceira
People & society
- Population
- 10,194,277 (2025 est.)
- Nationality
- Portuguese (singular and plural)
- Ethnic groups
- Portuguese 95%; citizens from Portugal’s former colonies in Africa, Asia (Han Chinese), and South America (Brazilian) and other foreign born 5%
- Languages
- Portuguese (official), Mirandese (official, but locally used)
- Religions
- Catholic 68.1%, not applicable 12.9%, no religion 12.0%, no response 2.2%, Protestant 1.8%, other 1.0%; less than 1%: other Christians, Orthodox, Muslim (2021 est.)
- Median age
- 46.8 years (2025 est.)
- Life expectancy at birth
- 81.9 years (2024 est.)
Economy
- Economic overview
- high-income EU and eurozone economy; strong services sector led by tourism and banking; tight labor market; growth driven by private consumption, trade surplus, and public investment from EU funds; declining public debt
- Industries
- textiles, clothing, footwear, wood and cork, paper and pulp, chemicals, fuels and lubricants, automobiles and auto parts, base metals, minerals, porcelain and ceramics, glassware, technology, telecommunications; dairy products, wine, other foodstuffs; ship construction and refurbishment; tourism, plastics, financial services, optics
- Agricultural products
- milk, tomatoes, olives, grapes, maize, pork, potatoes, chicken, apples, oranges (2023)
- Exports - partners
- Spain 21%, France 11%, Germany 10%, USA 8%, UK 5% (2023)
- Imports - partners
- Spain 33%, Germany 11%, France 7%, Netherlands 5%, China 5% (2023)
Government
- Government type
- semi-presidential republic
- Capital
- Lisbon
- Independence
- 1143 (Kingdom of Portugal recognized); 1 December 1640 (independence reestablished after 60 years of Spanish rule); 5 October 1910 (republic proclaimed)
- Constitution
- several previous; latest adopted 2 April 1976, effective 25 April 1976
- Executive branch
- President Marcelo REBELO DE SOUSA (since 9 March 2016)
- Legislative branch
- Assembly of the Republic (Assembleia da Republica)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
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Page last updated: Wednesday, October 05, 2022