2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Portugal-Netherlands Trade: In 2022, Portugal exported $2.55B to Netherlands. The main products that Portugal exported to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). Over the past 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 15.4%, from $1.25B in 2017 to $2.55B in 2022.

In 2020, Portugal exported services to Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

Netherlands-Portugal Trade: In 2022, Netherlands exported $4.2B to Portugal. The main products that Netherlands exported to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). Over the past 5 years the exports of Netherlands to Portugal have increased at an annualized rate of 22.9%,  from $1.5B in 2017 to $4.2B in 2022.

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $2.55B to Netherlands. The main products exported from Portugal to Netherlands were Refined Petroleum ($369M), Leather Footwear ($292M), and Amino-resins ($162M). During the last 5 years the exports of Portugal to Netherlands have increased at an annualized rate of 15.4%, from $1.25B in 2017 to $2.55B in 2022.

In 2017, Netherlands exported $4.2B to Portugal. The main products exported from Netherlands to Portugal were Refined Petroleum ($332M), Halogenated Hydrocarbons ($224M), and Packaged Medicaments ($201M). During the last 22 years the exports of Netherlands to Portugal have increased at an annualized rate of 22.9%, from $1.5B in 1995 to $4.2B in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Netherlands
Top Destination
Germany$131B

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

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

In 2022, countries that imported more from Netherlands than Portugal included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Portugal - Netherlands

Flow
Scale

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

During 2022, Portugal had a large net trade with Netherlands in the exports of Mineral Products ($566M), Footwear and Headwear ($325M), and Textiles ($312M).

During 2017, Netherlands had a large net trade with Portugal in the exports of Machines ($1.21B), Chemical Products ($970M), and Animal Products ($481M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Netherlands+$82.1MRefined Petroleum
Top Product Potential Netherlands Portugal+$103MRefined Petroleum

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 Netherlands worth $1.02B, with Other business services ($372M), Travel ($356M), and Transportation ($215M) being the largest in terms of value.

In 2020, Netherlands exported services to Portugal worth $847M, with Other business services ($242M), Transportation ($224M), and Royalties and license fees ($217M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Portugal.

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

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