339,800 bbl/day (2001 est.)

Oil - exports:
28,830 bbl/day (2001)

Oil - imports:
357,300 bbl/day (2001)

Natural gas - production:
0 cu m (2001 est.)

Natural gas - consumption:
2.542 billion cu m (2001 est.)

Natural gas - exports:
0 cu m (2001 est.)

Natural gas - imports:
2.553 billion cu m (2001 est.)

Current account balance:
$-8.12 billion (2004 est.)

Exports:
$37.68 billion f.o.b. (2004 est.)

Exports - commodities:
clothing and footwear, machinery, chemicals, cork and paper
products, hides

Exports - partners:
Spain 25%, France 14%, Germany 13.5%, UK 9.6%, US 6%, Italy 4.3%,
Netherlands 4% (2004)

Imports:
$52.1 billion f.o.b. (2004 est.)

Imports - commodities:
machinery and transport equipment, chemicals, petroleum, textiles,
agricultural products

Imports - partners:
Spain 29.3%, Germany 14.3%, France 9.3%, Italy 6.1%, UK 4.6%,
Netherlands 4.6% (2004)

Reserves of foreign exchange and gold:
$12.3 billion (2004 est.)

Debt - external:
$274.7 billion (2004 est.)

Economic aid - donor:
ODA, $271 million (1995)

Currency (code):
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the
euro as a common currency to be used by financial institutions of
member countries; on 1 January 2002, the euro became the sole
currency for everyday transactions within the member countries

Currency code:
EUR

Exchange rates:
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002),
1.1175 (2001), 1.0854 (2000)

Fiscal year:
calendar year

Communications Portugal

Telephones - main lines in use:
4,278,800 (2003)

Telephones - mobile cellular:
9,341,400 (2003)

Telephone system:
general assessment: Portugal's telephone system has achieved a
state-of-the-art network with broadband, high-speed capabilities and
a main line telephone density of 53%
domestic: integrated network of coaxial cables, open-wire, microwave
radio relay, and domestic satellite earth stations
international: country code - 351; 6 submarine cables; satellite
earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean),
NA Eutelsat; tropospheric scatter to Azores; note - an earth station
for Inmarsat (Atlantic Ocean region) is planned

Radio broadcast stations:
AM 47, FM 172 (many are repeaters), shortwave 2 (1998)

Radios:
3.02 million (1997)

Television broadcast stations:
62 (plu