Portugal / Germany

Portugal-Germany Trade: In 2023, Portugal exported $8.12B to Germany. The main products that Portugal exported to Germany were Cars ($889M), Revolution Counters ($621M), and Electrical Control Boards ($482M). Over the past 5 years the exports of Portugal to Germany have increased at an annualized rate of 1.93%, from $7.38B in 2018 to $8.12B in 2023.

In 2020, Portugal exported services to Germany worth $2.13B, with Travel ($1.01B), Other business services ($503M), and Transportation ($482M) being the largest in terms of value.

Germany-Portugal Trade: In 2023, Germany exported $13B to Portugal. The main products that Germany exported to Portugal were Cars ($1.55B), Motor vehicles; parts and accessories (8701 to 8705) ($825M), and Integrated Circuits ($610M). Over the past 5 years the exports of Germany to Portugal have decreased at an annualized rate of 0.34%,  from $13.2B in 2018 to $13B in 2023.

In 2020, Germany exported services to Portugal worth $971M, with Other business services ($498M), Transportation ($162M), and Computer and information services ($154M) being the largest in terms of value.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).