Portugal / Israel

Portugal-Israel Trade: In 2023, Portugal exported $364M to Israel. The main products that Portugal exported to Israel were Bovine ($96.6M), Sheep and Goats ($62.5M), and Sulfate Chemical Woodpulp ($20.5M). Over the past 5 years the exports of Portugal to Israel have increased at an annualized rate of 3.84%, from $302M in 2018 to $364M in 2023.

In 2003, Portugal exported services to Israel worth $3.08M, with Services not allocated ($3.08M) being the largest in terms of value.

Israel-Portugal Trade: In 2023, Israel exported $78.9M to Portugal. The main products that Israel exported to Portugal were Cyclic Hydrocarbons ($8.13M), Coal Tar Oil ($5.62M), and Other Electrical Machinery ($2.86M). Over the past 5 years the exports of Israel to Portugal have decreased at an annualized rate of 15.6%,  from $185M in 2018 to $78.9M in 2023.

In 2012, Israel exported services to Portugal worth $12.7M, with Computer and information services ($12.7M) being the largest in terms of value.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).