Portugal / Germany

Portugal-Germany Trade: In 2022, Portugal exported $7.12B to Germany. The main products that Portugal exported to Germany were Cars ($1.09B), Revolution Counters ($716M), and Leather Footwear ($406M). Over the past 5 years the exports of Portugal to Germany have increased at an annualized rate of 7.31%, from $5B in 2017 to $7.12B in 2022.

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 2022, Germany exported $10.1B to Portugal. The main products that Germany exported to Portugal were Cars ($1.37B), Integrated Circuits ($614M), and Motor vehicles; parts and accessories (8701 to 8705) ($607M). Over the past 5 years the exports of Germany to Portugal have increased at an annualized rate of 16.7%,  from $4.66B in 2017 to $10.1B in 2022.

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 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).