2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Netherlands-Portugal Trade: In 2022, Netherlands exported $4.2B to Portugal. The main products that Netherlands exported to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). Over the past 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 22.9%, from $1.5B in 2017 to $4.2B in 2022.

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

Portugal-Netherlands Trade: In 2022, Portugal exported $2.55B to Netherlands. The main products that Portugal exported to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). Over the past 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 15.4%,  from $1.25B in 2017 to $2.55B in 2022.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $4.2B to Portugal. The main products exported from Netherlands to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). During the last 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 22.9%, from $1.5B in 2017 to $4.2B in 2022.

In 2017, Portugal exported $2.55B to Netherlands. The main products exported from Portugal to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). During the last 22 years the exports of Portugal to Netherlands have increased at an annualized rate of 15.4%, from $1.25B in 1995 to $2.55B in 2017.

Exports from Netherlands (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Netherlands than Portugal included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Portugal than Netherlands included Angola ($1.59B), Cape Verde ($407M), and Mozambique ($262M).

Difference in imports from Portugal (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Portugal

Flow
Scale

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

During 2022, Netherlands had a large net trade with Portugal in the exports of Machines ($1.21B), Chemical Products ($970M), and Animal Products ($481M).

During 2017, Portugal had a large net trade with Netherlands in the exports of Mineral Products ($566M), Footwear and Headwear ($325M), and Textiles ($312M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Portugal. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Portugal (Flag) (2022)

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