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2023
Flag → Flag
Exports $403MRnk 29 / 211
2023
Flag → Flag
Top Product $35.6MCars
2023
Flag → Flag
Exports $154MRnk 102 / 216
2023
Flag → Flag
Top Product $101MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195

About

Portugal-United Arab Emirates Trade: In 2023, Portugal exported $403M to United Arab Emirates. The main products that Portugal exported to United Arab Emirates were Cars ($35.6M), Knit T-shirts ($29.6M), and Packaged Medicaments ($18.2M). Over the past 5 years the exports of Portugal to United Arab Emirates have increased at an annualized rate of 7.95%, from $275M in 2018 to $403M in 2023.

In 2023, Portugal did not export any services to United Arab Emirates.

United Arab Emirates-Portugal Trade: In 2023, United Arab Emirates exported $154M to Portugal. The main products that United Arab Emirates exported to Portugal were Refined Petroleum ($101M), Gas Turbines ($8.04M), and Iron Structures ($7.76M). Over the past 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 19.8%,  from $62.5M in 2018 to $154M in 2023.

In 2023, United Arab Emirates did not export any services to Portugal.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €15.6M and imported €3.56M from United Arab Emirates, resulting in a positive trade balance of €12M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-6.29M (-28.7%) from €21.9M to €15.6M, while imports increased by €436k (14%) from €3.12M to €3.56M.

Trade In November 2024, the top exports of Portugal to United Arab Emirates were Wood, wood articles, & charcoal (€1.53M), Electrical machinery and electronics (€1.3M), Furniture, bedding, lamps, & prefab buildings (€1.04M), Machinery, mechanical appliances, & parts (€559k), and Aircraft and Spacecraft (€493k). In November 2024 the top imports of Portugal from United Arab Emirates were Plastics & articles thereof (€1.24M), Man-made filaments (€442k), Machinery, mechanical appliances, & parts (€113k), Iron/Steel Articles (€104k), and Rubber & articles thereof (€67.9k).

Growth In November 2024, the decrease in Portugal's year-by-year exports to United Arab Emirates was explained primarily by an decrease in product exports in Meat & edible offal (€-332k or -100%), Furniture, bedding, lamps, & prefab buildings (€-324k or -23.8%), and Pharmaceutical products (€-281k or -89.5%). In November 2024, the increase in Portugal's year-by-year imports  from United Arab Emirates was explained primarily by an increase in product imports  in Man-made filaments (€148k or 50.4%), Machinery, mechanical appliances, & parts (€82k or 268%), and Cars, tractors, trucks & parts thereof. (€26.5k or 562%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-6.29M(-28.7%)
IMPORT GROWTH (November 2023 - November 2024)€436k(14%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check United Arab Emirates and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $403M to United Arab Emirates. The main products exported from Portugal to United Arab Emirates were Cars ($35.6M), Knit T-shirts ($29.6M), and Packaged Medicaments ($18.2M). During the last 5 years the exports of Portugal to United Arab Emirates have increased at an annualized rate of 7.95%, from $275M in 2018 to $403M in 2023.

In 2018, United Arab Emirates exported $154M to Portugal. The main products exported from United Arab Emirates to Portugal were Refined Petroleum ($101M), Gas Turbines ($8.04M), and Iron Structures ($7.76M). During the last 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 19.8%, from $62.5M in 2023 to $154M in 2018.

Exports from Portugal (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
United Arab Emirates
Top DestinationChina$40.2B

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

In 2023, countries that imported more from Portugal than United Arab Emirates included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from United Arab Emirates than Portugal included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - United Arab Emirates

Flow
Scale

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

During 2023, Portugal had a large net trade with United Arab Emirates in the exports of Textiles ($108M), Machines ($67M), and Transportation ($44.3M).

During 2018, United Arab Emirates had a large net trade with Portugal in the exports of Mineral Products ($101M), Machines ($17.8M), and Metals ($13.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal United Arab Emirates+$17.7MCars
Top Product Potential United Arab Emirates Portugal+$6.46MEthylene Polymers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and United Arab Emirates (Flag) (2023)

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