Italy / Portugal

Italy-Portugal In 2021, Italy exported $5.14B to Portugal. The main products that Italy exported to Portugal are Packaged Medicaments ($202M), Tanned Equine and Bovine Hides ($127M), and Motor vehicles; parts and accessories (8701 to 8705) ($122M). During the last 26 years the exports of Italy to Portugal have increased at an annualized rate of 1.83%, from $3.21B in 1995 to $5.14B in 2021.

In 2020, Italy exported services to Portugal worth $258M, with Travel ($97M), Transportation ($52.5M), and Other business services ($52.5M) being the largest in terms of value.

Portugal-Italy In 2021, Portugal exported $3.28B to Italy. The main products that Portugal exported to Italy were Cars ($410M), Rolled Tobacco ($281M), and Pure Olive Oil ($150M). During the last 26 years the exports of Portugal to Italy have increased at an annualized rate of 5.15%, from $890M in 1995 to $3.28B in 2021.

In 2020, Portugal exported services to Italy worth $491M, with Travel ($210M), Transportation ($144M), and Other business services ($113M) being the largest in terms of value.

Comparison In 2021,  Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B).