Flag United Kingdom / Portugal Flag

Exports Flag → Flag  (2018): $2.33B, Rnk 31 / 217

Top Product Flag → Flag (2018): $185M, Cars

Exports Flag → Flag (2018): $4.79B, Rnk 4 / 201

Top Product Flag → Flag (2018): $475M, Cars

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

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

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 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): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 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

United Kingdom-Portugal: In 2018, United Kingdom exported $2.33B to Portugal. The main products exported from United Kingdom to Portugal were Cars ($185M), Packaged Medicaments ($178M), and Scrap Iron ($121M). During the last 23 years the exports of United Kingdom to Portugal have increased at an annualized rate of 0.19%, from $2.23B in 1995 to $2.33B in 2018. In 2016, United Kingdom exported services to Portugal worth $467M, with Travel ($334M), Transportation ($93.2M), and Government services, n.i.e. ($40.5M) being the largest in terms of value.

Portugal-United Kingdom: In 2018, Portugal exported $4.79B to United Kingdom. The main products exported from Portugal to United Kingdom were Cars ($475M), Vehicle Parts ($282M), and Radio Receivers ($249M). During the last 23 years the exports of Portugal to United Kingdom have increased at an annualized rate of 2.96%, from $2.45B in 1995 to $4.79B in 2018. In 2016, Portugal exported services to United Kingdom worth $3.99B, with Travel ($2.51B), Transportation ($974M), and Other business services ($405M) being the largest in terms of value.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). 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, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, 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, United Kingdom exported $2.33B to Portugal. The main products exported from United Kingdom to Portugal were Cars ($185M), Packaged Medicaments ($178M), and Scrap Iron ($121M). During the last 23 years the exports of United Kingdom to Portugal have increased at an annualized rate of 0.19%, from $2.23B in 1995 to $2.33B in 2018.

In 2018, Portugal exported $4.79B to United Kingdom. The main products exported from Portugal to United Kingdom were Cars ($475M), Vehicle Parts ($282M), and Radio Receivers ($249M). During the last 23 years the exports of Portugal to United Kingdom have increased at an annualized rate of 2.96%, from $2.45B in 1995 to $4.79B in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Portugal
Top Destination
: Spain, $16.8B

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 2018, countries that imported more from United Kingdom than Portugal were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

In 2018, countries that imported more from Portugal than United Kingdom were Spain ($16.8B), Angola ($1.98B), and Cape Verde ($346M).

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 2018, United Kingdom had a large net trade with Portugal in the exports of Machines ($523M), Chemical Products ($504M), and Transportation ($281M).

During 2018, Portugal had a large net trade with United Kingdom in the exports of Machines ($1.1B), Transportation ($894M), and Textiles ($488M).

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom 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, United Kingdom exported services to Portugal worth $467M, with Travel ($334M), Transportation ($93.2M), and Government services, n.i.e. ($40.5M) being the largest in terms of value.

In 2016, Portugal exported services to United Kingdom worth $3.99B, with Travel ($2.51B), Transportation ($974M), and Other business services ($405M) 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.