2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
Flag
GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Portugal-Egypt Trade: In 2023, Portugal exported $212M to Egypt. The main products that Portugal exported to Egypt were Uncoated Paper ($46.6M), Semi chemical Woodpulp ($30M), and Sulfate Chemical Woodpulp ($26.8M). Over the past 5 years the exports of Portugal to Egypt have increased at an annualized rate of 1.11%, from $200M in 2018 to $212M in 2023.

In 2020, Portugal exported services to Egypt worth $1.14M, with Travel ($1.14M) being the largest in terms of value.

Egypt-Portugal Trade: In 2023, Egypt exported $155M to Portugal. The main products that Egypt exported to Portugal were Hot-Rolled Iron ($32.5M), Ammonia ($18.9M), and Ethylene Polymers ($11.2M). Over the past 5 years the exports of Egypt to Portugal have increased at an annualized rate of 1.64%,  from $141M in 2018 to $155M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $212M to Egypt. The main products exported from Portugal to Egypt were Uncoated Paper ($46.6M), Semi chemical Woodpulp ($30M), and Sulfate Chemical Woodpulp ($26.8M). During the last 5 years the exports of Portugal to Egypt have increased at an annualized rate of 1.11%, from $200M in 2018 to $212M in 2023.

In 2018, Egypt exported $155M to Portugal. The main products exported from Egypt to Portugal were Hot-Rolled Iron ($32.5M), Ammonia ($18.9M), and Ethylene Polymers ($11.2M). During the last 5 years the exports of Egypt to Portugal have increased at an annualized rate of 1.64%, from $141M in 2023 to $155M in 2018.

Exports from Portugal (Flag) to Egypt (Flag) (2023)

Exports from Egypt (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Egypt
Top Destination
Saudi Arabia$5.31B

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

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

In 2023, countries that imported more from Egypt than Portugal included Saudi Arabia ($5.31B), Turkey ($4.63B), and United Arab Emirates ($2.43B).

Difference in imports from Egypt (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Egypt

Flow
Scale

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

During 2023, Portugal had a large net trade with Egypt in the exports of Paper Goods ($113M), Mineral Products ($27.4M), and Plastics and Rubbers ($21.6M).

During 2018, Egypt had a large net trade with Portugal in the exports of Metals ($45M), Chemical Products ($34.8M), and Plastics and Rubbers ($26.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Egypt+$8.56MPackaged Medicaments
Top Product Potential Egypt Portugal+$6.13MPolyacetals

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 Egypt. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Egypt. Similarly, a dot/product with the flag of Egypt indicates it has a comparative advantage over Portugal.

Product Space of Portugal (Flag) and Egypt (Flag) (2023)

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