2021
Flag  
GDP
$254BCURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP GROWTH
3.62%CURRENT US$
Rnk 157 / 204
2021
Flag
 GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
GDP PC 
$24,598CURRENT US$
Rnk 52 / 204
2011-2021
Flag
GDP PC GROWTH
5.95%CURRENT US$
Rnk 128 / 204
2021
Flag
GDP PC
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204

About

Portugal-Germany In 2021, Portugal exported $8.13B to Germany. The main products that Portugal exported to Germany are Cars ($891M), Revolution Counters ($570M), and Leather Footwear ($406M). During the last 26 years the exports of Portugal to Germany have increased at an annualized rate of 1.88%, from $5.01B in 1995 to $8.13B in 2021.

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 In 2021, Germany exported $11.7B to Portugal. The main products that Germany exported to Portugal were Cars ($1.22B), Motor vehicles; parts and accessories (8701 to 8705) ($643M), and Reaction and Catalytic Products ($631M). During the last 26 years the exports of Germany to Portugal have increased at an annualized rate of 3.6%, from $4.65B in 1995 to $11.7B in 2021.

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 2021,  Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Portugal exported $8.13B to Germany. The main products exported from Portugal to Germany were Cars ($891M), Revolution Counters ($570M), and Leather Footwear ($406M). During the last 26 years the exports of Portugal to Germany have increased at an annualized rate of 1.88%, from $5.01B in 1995 to $8.13B in 2021.

In 2021, Germany exported $11.7B to Portugal. The main products exported from Germany to Portugal were Cars ($1.22B), Motor vehicles; parts and accessories (8701 to 8705) ($643M), and Reaction and Catalytic Products ($631M). During the last 26 years the exports of Germany to Portugal have increased at an annualized rate of 3.6%, from $4.65B in 1995 to $11.7B in 2021.

Exports from Portugal (Flag) to Germany (Flag) (2021)

Exports from Germany (Flag) to Portugal (Flag) (2021)

Market Competitiveness

Color
Portugal
Top Destination
Spain$19.3B
Germany
Top Destination
United States$135B

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

In 2021, countries that imported more from Portugal than Germany were Angola ($1.19B), Gibraltar ($484M), and Cape Verde ($355M).

In 2021, countries that imported more from Germany than Portugal were United States ($135B), China ($121B), and France ($119B).

Difference in imports from Germany (Flag) and Portugal (Flag) (2021)

Comparative Advantage Portugal - Germany

Flow
Scale

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

During 2021, Portugal had a large net trade with Germany in the exports of Machines ($2.35B), Transportation ($1.37B), and Instruments ($715M).

During 2021, Germany had a large net trade with Portugal in the exports of Machines ($3.56B), Transportation ($2.37B), and Chemical Products ($2.16B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Portugal.

Product Space of Portugal (Flag) and Germany (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with