Flag United Kingdom / Portugal Flag

2019
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Exports
: $2.21B, Rnk 31 / 221

2019
FlagFlag
Top Product
: $146M, Reaction and Catalytic Products

2019
FlagFlag
Exports
: $4.33B, Rnk 4 / 208

2019
FlagFlag
Top Product
: $538M, Cars

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 13 / 146

2019
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Economic Complexity (ECI)
: ECI 0.54, Rnk 48 / 146

2019
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GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 187

2019
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 GDP
: $239B, CURRENT US$
Rnk 47 / 187

2009-2019
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GDP GROWTH
: -2.02%, CURRENT US$
Rnk 174 / 187

2019
Flag
GDP PC 
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

2019
Flag
GDP PC
: $23,252, CURRENT US$
Rnk 42 / 187

2009-2019
Flag
GDP PC GROWTH
: 0.83%, CURRENT US$
Rnk 157 / 187

United Kingdom-Portugal In 2019, United Kingdom exported $2.21B to Portugal. The main products that United Kingdom exported to Portugal are Reaction and Catalytic Products ($146M), Cars ($126M), and Packaged Medicaments ($124M). During the last 24 years the exports of United Kingdom to Portugal have decreased at an annualized rate of 0.057%, from $2.25B in 1995 to $2.21B in 2019.

In 2018, United Kingdom exported services to Portugal worth $41B, with Transportation ($40.5B), Royalties and license fees ($303M), and Insurance services ($115M) being the largest in terms of value.

Portugal-United Kingdom In 2019, Portugal exported $4.33B to United Kingdom . The main products that Portugal exported to United Kingdom were Cars ($538M), Vehicle Parts ($254M), and Radio Receivers ($240M). During the last 24 years the exports of Portugal to United Kingdom have increased at an annualized rate of 2.15%, from $2.6B in 1995 to $4.33B in 2019.

In 2019, Portugal exported services to United Kingdom worth $5.96B, with Travel ($3.68B), Transportation ($1.42B), and Other business services ($752M) being the largest in terms of value.

Comparison In 2019,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.46), and 10 in total exports ($446B). That same year, Portugal ranked 48 in the Economic Complexity Index (ECI 0.54), and 45 in total exports ($66.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United Kingdom exported $2.21B to Portugal. The main products exported from United Kingdom to Portugal were Reaction and Catalytic Products ($146M), Cars ($126M), and Packaged Medicaments ($124M). During the last 24 years the exports of United Kingdom to Portugal have decreased at an annualized rate of 0.057%, from $2.25B in 1995 to $2.21B in 2019.

In 2019, Portugal exported $4.33B to United Kingdom. The main products exported from Portugal to United Kingdom were Cars ($538M), Vehicle Parts ($254M), and Radio Receivers ($240M). During the last 24 years the exports of Portugal to United Kingdom have increased at an annualized rate of 2.15%, from $2.6B in 1995 to $4.33B in 2019.

United Kingdom Exports

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Portugal Exports

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Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $64.7B

Portugal
Top Destination
: Spain, $15.4B

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

In 2019, countries that imported more from United Kingdom than Portugal were United States ($64.7B), Germany ($44.3B), and China ($29.8B).

In 2019, countries that imported more from Portugal than United Kingdom were Spain ($15.4B), Angola ($1.39B), and Cape Verde ($338M).

Comparative Advantage United Kingdom - Portugal

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Depth

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

During 2019, United Kingdom had a large net trade with Portugal in the exports of Machines ($485M), Chemical Products ($438M), and Transportation ($230M).

During 2019, Portugal had a large net trade with United Kingdom in the exports of Transportation ($933M), Machines ($928M), and Textiles ($409M).

Bilateral Service Trade

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In 2018, United Kingdom exported services to Portugal worth $41B, with Transportation ($40.5B), Royalties and license fees ($303M), and Insurance services ($115M) being the largest in terms of value.

In 2019, Portugal exported services to United Kingdom worth $5.96B, with Travel ($3.68B), Transportation ($1.42B), and Other business services ($752M) 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 United Kingdom has comparative advantage over Portugal. Similarly, the more red a dot/product is, the more Portugal has comparative advantage over United Kingdom.