Allow me to disagree Sir Beane. By 1700 Portugal was shifting the centre of its empire from its asiatic possessions, with its main centre in Goa (India) to the south american territories. The spices, silk and other asiatic goods are being substituted by sugar, coffee and gold, which helped to retake the economical power lost in the previous century.
Its also in the 18th century that, through war and treaties, Portugal and Spain start to define more objectively their bondaries in South America.
Although Portugal presence in several spots of the african continent has been a fact since the early 15th century, by 1700 it was basically centered in what is now Angola and to a lesser degree modern day Moçambique as well as a few forts, trading posts and cities along both the weterns and eastern coast. Only in the 19th century Portugal will, again, shift the centre of its empire from Brasil (independent in 1822) to its african territories, when there is some territorial expansion and colonization.
During the 1st half of the 18th century the portuguese forces were involved in plenty of overseas conflicts, with locals and other europeans, as well as european conflicts, particularly the Spanish Sucession War that ended with the Utrecht Treaty in (1713). Later in the 18th century the portuguese army suffers a profound remodelation under the command of Friedrich Wilhelm Ernst zu Schaumburg-Lippe Count of Lippe. The portuguese navy wasn't much different from other european navies, specially the spanish, french and english navies.
Around the beggining of the 19th century and due to the napoleonic invasions, the Portuguese Court moves to Brasil (1807) and the remnants of the army were incorporated in Napoleon's armies. After that, and under Wellington's leadership, the portuguese army gets reformed and fought intensively in the Peninsular War (where it constituted nearly half of Wellington's forces).
Oh and...Portugal never had any possessions in Central or North America...not oficially anyway.
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