Portugal (PRT) and Pakistan (PAK) Trade | OEC - The Observatory of Economic Complexity

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Portugal-Pakistan In 2021, Portugal exported $23.7M to Pakistan. The main products that Portugal exported to Pakistan are Scrap Iron ($3.78M), Synthetic Filament Tow ($1.95M), and Packaged Medicaments ($1.91M). During the last 26 years the exports of Portugal to Pakistan have increased at an annualized rate of 7.95%, from $3.24M in 1995 to $23.7M in 2021.

In 2021, Portugal did not export any services to Pakistan.

Pakistan-Portugal In 2021, Pakistan exported $252M to Portugal. The main products that Pakistan exported to Portugal were Light Pure Woven Cotton ($76.8M), Non-Retail Pure Cotton Yarn ($48.3M), and Rice ($14.8M). During the last 26 years the exports of Pakistan to Portugal have increased at an annualized rate of 4.32%, from $83.9M in 1995 to $252M in 2021.

In 2021, Pakistan did not export any services to Portugal.

Comparison In 2021, Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, Pakistan ranked 87 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($32.7B).

Latest Trends

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February, 2023

About

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Overview In February 2023, Portugal exported €1.21M and imported €15.2M from Pakistan, resulting in a negative trade balance of €14M. Between February 2022 and February 2023 the exports of Portugal have decreased by €-871k (-41.8%) from €2.08M to €1.21M, while imports decreased by €-8.28M (-35.2%) from €23.5M to €15.2M.

Trade In February 2023, the top exports of Portugal to Pakistan were Cars, tractors, trucks & parts thereof. (€1.29M), Iron & steel (€237k), Electrical machinery and electronics (€225k), Used clothes & textile articles (€183k), and Machinery, mechanical appliances, & parts (€101k). In February 2023 the top imports of Portugal from Pakistan were Cotton (€9.4M), Man-made staple fibres (€3.06M), Non-knitted clothing accesories (€1.39M), Knitted clothing accesories (€758k), and Used clothes & textile articles (€627k).

Growth In February 2023, the decrease in Portugal's year-by-year exports to Pakistan was explained primarily by an decrease in product exports in Pharmaceutical products (€-346k or -100%), Iron & steel (€-244k or -50.7%), and Man-made staple fibres (€-229k or -71.4%). In February 2023, the decrease in Portugal's year-by-year imports from Pakistan was explained primarily by an decrease in product imports in Cereals (€-476k or -43.4%), Iron or steel articles (€-10.3k or -98.5%), and Special woven fabrics and tapestries (€-5.04k or -74.7%).

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (February 2022 - February 2023): €-871k, (-41.8%)

IMPORT GROWTH (February 2022 - February 2023): €-8.28M, (-35.2%)

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 Pakistan and Portugal trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Portugal exported $23.7M to Pakistan. The main products exported from Portugal to Pakistan were Scrap Iron ($3.78M), Synthetic Filament Tow ($1.95M), and Packaged Medicaments ($1.91M). During the last 26 years the exports of Portugal to Pakistan have increased at an annualized rate of 7.95%, from $3.24M in 1995 to $23.7M in 2021.

In 2021, Pakistan exported $252M to Portugal. The main products exported from Pakistan to Portugal were Light Pure Woven Cotton ($76.8M), Non-Retail Pure Cotton Yarn ($48.3M), and Rice ($14.8M). During the last 26 years the exports of Pakistan to Portugal have increased at an annualized rate of 4.32%, from $83.9M in 1995 to $252M in 2021.

Market Competitiveness

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Color

SectionYear

Portugal
Top Destination: Spain, $19.3B

Pakistan
Top Destination: United States, $5.51B

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

In 2021, countries that imported more from Portugal than Pakistan were Spain ($19.3B), France ($9.33B), and Germany ($8.13B).

In 2021, countries that imported more from Pakistan than Portugal were China ($3.25B), United Arab Emirates ($1.28B), and United States ($5.51B).

Comparative Advantage Portugal - Pakistan

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Flow

Scale

Year

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

During 2021, Portugal had a large net trade with Pakistan in the exports of Machines ($6.52M), Metals ($4.83M), and Textiles ($3.69M).

During 2021, Pakistan had a large net trade with Portugal in the exports of Textiles ($226M), Vegetable Products ($14.8M), and Animal Hides ($4.86M).

Economic Complexity

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Competitive Landscape

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Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Portugal - Pakistan

Economic Complexity

Competitive Landscape

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