The President of the Republic Marcelo Rebelo de Sousa with US President Donald Trump.
A total of 23.2% of Portuguese exports outside the European Union (EU) is destined for the US market: only Austria and Ireland are more dependent on Donald Trump’s led nation.
Portugal is currently the third European Union (EU) country whose exports most depend on the United States (USA).
According to the latest of Eurostat, released this Monday, 23.2% of Portuguese exports out of the European Union (EU) is intended for the US marketwhich puts the country third in the ranking Member states more dependent on Donald Trump’s led power, whose threats around new protectionist policies threaten the world.
Portugal’s main commercial partner outside the EU for over 10 years, the US have been threatening with additional EU property rates that may pose new risks in commercial relations with Portugal, which especially involves drugs, mineral fuels and rubber, according to.
Compared to other EU countries, Portugal is the third most dependent on the US market: only Austria (25.7%) and Ireland (53.7%) show greater dependence.
Germany, for example, appears fifth with 22.7% of its exports to the following to the United States, and Italy sends 21.2%.
Turning the table, the Cyprus, Slovenia and Bulgaria are much less dependent from the US market, and therefore more protected against Trump’s policies.
Looking at general trade balance Between the EU and the United States, the EU exported 531.6 billion euros in goods to the US in 2024. Already imports of US goods to the EU corresponded to 333.4 billion euros. This commercial surplus of 198.2 billion euros is the great concern of the US government.
This Wednesday, the president of the European Commission, Ursula von der Leyen, retaliation against Donald Trump’s protectionist measures, with contracted in the amount of 26 billion euros.
