2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$254BCURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP GROWTH
3.62%CURRENT US$
Rnk 157 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$24,598CURRENT US$
Rnk 52 / 204
2011-2021
Flag
GDP PC GROWTH
5.95%CURRENT US$
Rnk 128 / 204

About

Germany-Portugal In 2021, Germany exported $11.7B to Portugal. The main products that Germany exported to Portugal are Cars ($1.22B), Motor vehicles; parts and accessories (8701 to 8705) ($643M), and Reaction and Catalytic Products ($631M). During the last 26 years the exports of Germany to Portugal have increased at an annualized rate of 3.6%, from $4.65B in 1995 to $11.7B in 2021.

In 2020, Germany exported services to Portugal worth $971M, with Other business services ($498M), Transportation ($162M), and Computer and information services ($154M) being the largest in terms of value.

Portugal-Germany In 2021, Portugal exported $8.13B to Germany. The main products that Portugal exported to Germany were Cars ($891M), Revolution Counters ($570M), and Leather Footwear ($406M). During the last 26 years the exports of Portugal to Germany have increased at an annualized rate of 1.88%, from $5.01B in 1995 to $8.13B in 2021.

In 2020, Portugal exported services to Germany worth $2.13B, with Travel ($1.01B), Other business services ($503M), and Transportation ($482M) being the largest in terms of value.

Comparison In 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $11.7B to Portugal. The main products exported from Germany to Portugal were Cars ($1.22B), Motor vehicles; parts and accessories (8701 to 8705) ($643M), and Reaction and Catalytic Products ($631M). During the last 26 years the exports of Germany to Portugal have increased at an annualized rate of 3.6%, from $4.65B in 1995 to $11.7B in 2021.

In 2021, Portugal exported $8.13B to Germany. The main products exported from Portugal to Germany were Cars ($891M), Revolution Counters ($570M), and Leather Footwear ($406M). During the last 26 years the exports of Portugal to Germany have increased at an annualized rate of 1.88%, from $5.01B in 1995 to $8.13B in 2021.

Exports from Germany (Flag) to Portugal (Flag) (2021)

Exports from Portugal (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Portugal
Top Destination
Spain$19.3B

This map shows whether countries import more from Germany or Portugal. Each country is colored based on the difference in imports they receive from Germany and Portugal or the difference in the growth in imports.

In 2021, countries that imported more from Germany than Portugal were United States ($135B), China ($121B), and France ($119B).

In 2021, countries that imported more from Portugal than Germany were Angola ($1.19B), Gibraltar ($484M), and Cape Verde ($355M).

Difference in imports from Portugal (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Portugal

Flow
Scale

This chart compares trade between Germany and Portugal by product, considering products traded by both, Germany and Portugal.

During 2021, Germany had a large net trade with Portugal in the exports of Machines ($3.56B), Transportation ($2.37B), and Chemical Products ($2.16B).

During 2021, Portugal had a large net trade with Germany in the exports of Machines ($2.35B), Transportation ($1.37B), and Instruments ($715M).

Service Trade

Bilateral Service Trade

In 2020, Germany exported services to Portugal worth $971M, with Other business services ($498M), Transportation ($162M), and Computer and information services ($154M) being the largest in terms of value.

In 2020, Portugal exported services to Germany worth $2.13B, with Travel ($1.01B), Other business services ($503M), and Transportation ($482M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Portugal (Flag) (2020)

Services Exports from Portugal (Flag) to Germany (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Germany.

Product Space of Germany (Flag) and Portugal (Flag) (2021)

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