Oil and petroleum products import dependency by country of origin in Portugal

Portugal: Oil and petroleum products import dependency by country of origin was 4.1% in 2024. ◆ Volatile

Latest (2024)
4.1%
Change on year
up 56.8%
World rank
20th
of 51 countries
All-time high
6.6%
in 2020
All-time low
1.3%
in 2022
Years of data
10
2015–2024

Oil and petroleum products import dependency by country of origin in Portugal, 2015–2024

2462015201920242015: 2.4 Percentage2016: 2 Percentage2017: 1.6 Percentage2018: 2 Percentage2019: 3.1 Percentage2020: 6.6 Percentage2021: 4.8 Percentage2022: 1.3 Percentage2023: 2.6 Percentage2024: 4.1 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for oil and petroleum products import dependency by country of origin in Portugal is 4.1%, measured in 2024.

The figure is up 56.8% on the previous year and up 72.5% over ten years.

Over the whole period, oil and petroleum products import dependency by country of origin in Portugal peaked at 6.6% in 2020 and was at its lowest, 1.3%, in 2022.

Portugal ranks 20th of 51 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Oil and petroleum products import dependency by country of origin in Portugal, year by year

Annual values for Oil and petroleum products import dependency by country of origin in Portugal, 2015 to 2024.
Year Percentage Change
2015 2.4% —
2016 2.0% -15.8%
2017 1.6% -19.3%
2018 2.0% +23.9%
2019 3.1% +53.0%
2020 6.6% +112.9%
2021 4.8% -27.2%
2022 1.3% -72.7%
2023 2.6% +101.5%
2024 4.1% +56.8%

Portugal compared with similar countries

  • Portugal's 4.1% is above the median for Europe & Central Asia, which is 3.1%, 1.4× the median. (36 countries reporting)
  • Portugal's 4.1% is above the median for high income countries, which is 3.9%, 1.1× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.2% 1.6% 3.1% 5
2020s 3.9% 1.3% 6.6% 5

Countries ranked near Portugal

  1. 17 Czechia 5.5% compare
  2. 18 Austria 5.0% compare
  3. 19 Greece 4.3% compare
  4. 21 Estonia 3.9% compare
  5. 21 Romania 3.9% compare
  6. 23 North Macedonia 3.4% compare
  7. 23 North Macedonia 3.4% compare

See the full ranking of 51 places →

More trade data for Portugal

All data for Portugal →

Frequently asked questions

What is oil and petroleum products import dependency by country of origin in Portugal?
Oil and petroleum products import dependency by country of origin in Portugal was 4.1% in 2024, according to Eurostat.
What is the highest oil and petroleum products import dependency by country of origin recorded in Portugal?
The highest recorded value was 6.6% in 2020.
What is the lowest oil and petroleum products import dependency by country of origin recorded in Portugal?
The lowest recorded value was 1.3% in 2022.
How does Portugal rank for oil and petroleum products import dependency by country of origin?
Portugal ranks 20th out of 51 countries with data for 2024.
Is oil and petroleum products import dependency by country of origin rising or falling in Portugal?
Over the last ten years it is up 72.5%. The long-run trend across the full record is volatile.
Where does this Portugal data come from?
The figures come from Eurostat, published as part of Oil and petroleum products import dependency by country of origin. Statizoid updates them automatically from the source API.

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Oil and petroleum products import dependency by country of origin in Portugal. Statizoid, drawing on Eurostat. Retrieved 08 November 2026, from https://trade.statizoid.com/stat/oil-and-petroleum-products-import-dependency-by-country-of-origin/portugal/

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About this data

Indicator
Oil and petroleum products import dependency by country of origin
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
51 places, 455 data points, 2015–2024
Last refreshed