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2022
Flag → Flag
Exports $7.6BRnk 2 / 208
2022
Flag → Flag
Top Product $488MDelivery Trucks
2022
Flag → Flag
Exports $5.61BRnk 14 / 219
2022
Flag → Flag
Top Product $549MCars
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
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GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
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GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
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GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Portugal-France Trade: In 2022, Portugal exported $7.6B to France. The main products that Portugal exported to France were Delivery Trucks ($488M), Motor vehicles; parts and accessories (8701 to 8705) ($414M), and Cars ($393M). Over the past 5 years the exports of Portugal to France have increased at an annualized rate of 17.8%, from $3.35B in 2017 to $7.6B in 2022.

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

France-Portugal Trade: In 2022, France exported $5.61B to Portugal. The main products that France exported to Portugal were Cars ($549M), Motor vehicles; parts and accessories (8701 to 8705) ($275M), and Packaged Medicaments ($250M). Over the past 5 years the exports of France to Portugal have increased at an annualized rate of 6.41%,  from $4.11B in 2017 to $5.61B in 2022.

In 2020, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Latest Trends

April, 2024

About

Overview In April 2024, Portugal exported €867M and imported €610M from France, resulting in a positive trade balance of €256M. Between April 2023 and April 2024 the exports of Portugal have increased by €39.9M (4.82%) from €827M to €867M, while imports increased by €38.7M (6.77%) from €572M to €610M.

Trade In April 2024, the top exports of Portugal to France were Cars, tractors, trucks & parts thereof. (€113M), Furniture, bedding, lamps, & prefab buildings (€71.7M), Electrical machinery and electronics (€68.5M), Iron or steel articles (€54.2M), and Plastics & articles thereof (€54.2M). In April 2024 the top imports of Portugal from France were Cars, tractors, trucks & parts thereof. (€144M), Machinery, mechanical appliances, & parts (€49.7M), Electrical machinery and electronics (€34.6M), Plastics & articles thereof (€27.9M), and Cereals (€24.9M).

Growth In April 2024, the increase in Portugal's year-by-year exports to France was explained primarily by an increase in product exports in Electrical machinery and electronics (€18.3M or 36.5%), Furniture, bedding, lamps, & prefab buildings (€13.8M or 23.8%), and Machinery, mechanical appliances, & parts (€13.1M or 33.1%). In April 2024, the increase in Portugal's year-by-year imports  from France was explained primarily by an increase in product imports  in Cars, tractors, trucks & parts thereof. (€35.7M or 32.9%), Animal or vegetable fats, oils, &... (€11M or 6.01k%), and Machinery, mechanical appliances, & parts (€9.8M or 24.6%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (April 2023 - April 2024)€39.9M(4.82%)
IMPORT GROWTH (April 2023 - April 2024)€38.7M(6.77%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check France and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore France and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $7.6B to France. The main products exported from Portugal to France were Delivery Trucks ($488M), Motor vehicles; parts and accessories (8701 to 8705) ($414M), and Cars ($393M). During the last 5 years the exports of Portugal to France have increased at an annualized rate of 17.8%, from $3.35B in 2017 to $7.6B in 2022.

In 2017, France exported $5.61B to Portugal. The main products exported from France to Portugal were Cars ($549M), Motor vehicles; parts and accessories (8701 to 8705) ($275M), and Packaged Medicaments ($250M). During the last 22 years the exports of France to Portugal have increased at an annualized rate of 6.41%, from $4.11B in 1995 to $5.61B in 2017.

Exports from Portugal (Flag) to France (Flag) (2022)

Exports from France (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Portugal than France included Angola ($1.59B), Cape Verde ($407M), and Mozambique ($262M).

In 2022, countries that imported more from France than Portugal included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

Difference in imports from France (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - France

Flow
Scale

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

During 2022, Portugal had a large net trade with France in the exports of Transportation ($1.6B), Machines ($1.12B), and Metals ($1.09B).

During 2017, France had a large net trade with Portugal in the exports of Transportation ($1.21B), Machines ($1.11B), and Chemical Products ($807M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal France+$183MCars
Top Product Potential France Portugal+$66.2MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

In 2020, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Portugal and France. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Portugal.

Product Space of Portugal (Flag) and France (Flag) (2022)

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