Flag Germany / Portugal Flag

Exports FlagFlag  (2018): $11.9B, Rnk 27 / 216

Top Product FlagFlag (2018): $1.53B, Cars

Exports FlagFlag (2018): $8.44B, Rnk 3 / 201

Top Product FlagFlag (2018): $1.15B, Cars

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI 0.46, Rnk 48 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $241B, CURRENT US$
Rnk 46 / 196

GDP GROWTH Flag (2008-2018): -8.26%, CURRENT US$
Rnk 183 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $23,408, CURRENT US$
Rnk 41 / 196

GDP PC GROWTH Flag (2008-2018): -5.79%, CURRENT US$
Rnk 162 / 196

Germany-Portugal: In 2018, Germany exported $11.9B to Portugal. The main products exported from Germany to Portugal were Cars ($1.53B), Vehicle Parts ($637M), and Packaged Medicaments ($434M). During the last 23 years the exports of Germany to Portugal have increased at an annualized rate of 3.92%, from $4.92B in 1995 to $11.9B in 2018. In 2016, Germany exported services to Portugal worth $1.11B, with Other business services ($384M), Travel ($269M), and Transportation ($245M) being the largest in terms of value.

Portugal-Germany: In 2018, Portugal exported $8.44B to Germany. The main products exported from Portugal to Germany were Cars ($1.15B), Radio Receivers ($423M), and Leather Footwear ($406M). During the last 23 years the exports of Portugal to Germany have increased at an annualized rate of 2.67%, from $4.61B in 1995 to $8.44B in 2018. In 2016, Portugal exported services to Germany worth $2.59B, with Travel ($1.64B), Transportation ($569M), and Other business services ($281M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Portugal ranked 48 in the Economic Complexity Index (ECI 0.46), and 44 in total exports ($72B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and Portugal was ranked 41 with a GDP Per Capita of $23,408.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $11.9B to Portugal. The main products exported from Germany to Portugal were Cars ($1.53B), Vehicle Parts ($637M), and Packaged Medicaments ($434M). During the last 23 years the exports of Germany to Portugal have increased at an annualized rate of 3.92%, from $4.92B in 1995 to $11.9B in 2018.

In 2018, Portugal exported $8.44B to Germany. The main products exported from Portugal to Germany were Cars ($1.15B), Radio Receivers ($423M), and Leather Footwear ($406M). During the last 23 years the exports of Portugal to Germany have increased at an annualized rate of 2.67%, from $4.61B in 1995 to $8.44B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Portugal
Top Destination
: Spain, $16.8B

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 2018, countries that imported more from Germany than Portugal were United States ($132B), France ($121B), and China ($109B).

In 2018, countries that imported more from Portugal than Germany were Angola ($1.98B), Cape Verde ($346M), and Gibraltar ($177M).

Comparative Advantage Germany - Portugal

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Depth

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

During 2018, Germany had a large net trade with Portugal in the exports of Machines ($3.85B), Transportation ($2.91B), and Chemical Products ($1.63B).

During 2018, Portugal had a large net trade with Germany in the exports of Machines ($2.47B), Transportation ($1.63B), and Plastics and Rubbers ($660M).

Trade Forecasts

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This section shows a forecast for total trade between Germany and Portugal. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2016, Germany exported services to Portugal worth $1.11B, with Other business services ($384M), Travel ($269M), and Transportation ($245M) being the largest in terms of value.

In 2016, Portugal exported services to Germany worth $2.59B, with Travel ($1.64B), Transportation ($569M), and Other business services ($281M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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