Flag Portugal / Estonia Flag

Exports Flag β†’ Flag  (2018): $42.9M, Rnk 72 / 201

Top Product Flag β†’ Flag (2018): $3.48M, Delivery Trucks

Exports Flag β†’ Flag (2018): $41M, Rnk 43 / 175

Top Product Flag β†’ Flag (2018): $5.05M, Non-fillet Frozen Fish

Economic Complexity of Flag (2018): ECI 0.46, Rnk 48 / 137

Economic Complexity of Flag (2018): ECI 1, Rnk 24 / 137

Portugal-Estonia: In 2018, Portugal exported $42.9M to Estonia. The main products exported from Portugal to Estonia were Delivery Trucks ($3.48M), Other Plastic Sheetings ($2.63M), and Seats ($2.43M). During the last 23 years the exports of Portugal to Estonia have increased at an annualized rate of 11.6%, from $3.45M in 1995 to $42.9M in 2018. In 2016, Portugal exported services to Estonia worth $7.74M, with Travel ($7.74M) being the largest in terms of value.

Estonia-Portugal: In 2018, Estonia exported $41M to Portugal. The main products exported from Estonia to Portugal were Non-fillet Frozen Fish ($5.05M), Refined Petroleum ($3.31M), and Other Furniture ($3.1M). During the last 23 years the exports of Estonia to Portugal have increased at an annualized rate of 9.64%, from $4.93M in 1995 to $41M in 2018. In 2016, Estonia exported services to Portugal worth $16.2M, with Other business services ($11.6M), Travel ($2.66M), and Transportation ($664k) being the largest in terms of value.

Comparison: In 2018, Portugal ranked 48 in the Economic Complexity Index (ECI 0.46), and 44 in total exports ($72B). That same year, Estonia ranked 24 in the Economic Complexity Index (ECI 1), and 77 in total exports ($17.6B). N/A

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Portugal exported $42.9M to Estonia. The main products exported from Portugal to Estonia were Delivery Trucks ($3.48M), Other Plastic Sheetings ($2.63M), and Seats ($2.43M). During the last 23 years the exports of Portugal to Estonia have increased at an annualized rate of 11.6%, from $3.45M in 1995 to $42.9M in 2018.

In 2018, Estonia exported $41M to Portugal. The main products exported from Estonia to Portugal were Non-fillet Frozen Fish ($5.05M), Refined Petroleum ($3.31M), and Other Furniture ($3.1M). During the last 23 years the exports of Estonia to Portugal have increased at an annualized rate of 9.64%, from $4.93M in 1995 to $41M in 2018.

Market Competitiveness

#permalink to section
Measure

Portugal
Top Destination
: Spain, $16.8B

Estonia
Top Destination
: Finland, $2.33B

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

In 2018, countries that imported more from Portugal than Estonia were Spain ($16.8B), France ($9.07B), and Germany ($8.44B).

In 2018, countries that imported more from Estonia than Portugal were Finland ($2.33B), Latvia ($1.35B), and Russia ($1.54B).

Comparative Advantage Portugal - Estonia

#permalink to section
Depth

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

During 2018, Portugal had a large net trade with Estonia in the exports of Machines ($6.92M), Textiles ($5.06M), and Transportation ($4.45M).

During 2018, Estonia had a large net trade with Portugal in the exports of Wood Products ($8.64M), Machines ($7.44M), and Animal Products ($6.92M).

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Portugal and Estonia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

#permalink to section

In 2016, Portugal exported services to Estonia worth $7.74M, with Travel ($7.74M) being the largest in terms of value.

In 2016, Estonia exported services to Portugal worth $16.2M, with Other business services ($11.6M), Travel ($2.66M), and Transportation ($664k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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