Portugal (PRT) and Palestine (PSE) Trade | The Observatory of Economic Complexity

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Portugal-Palestine In 2022, Portugal exported $18.9M to Palestine. The main products that Portugal exported to Palestine are Sheep and Goats ($12.7M), Uncoated Paper ($1.62M), and Plastic Wash Basins ($588k). During the last 22 years the exports of Portugal to Palestine have increased at an annualized rate of 21%, from $288k in 2000 to $18.9M in 2022.

In 2022, Portugal did not export any services to Palestine.

Palestine-Portugal In 2022, Palestine exported $314k to Portugal. The main products that Palestine exported to Portugal were Other Knit Clothing Accessories ($313k) and Integrated Circuits ($339). During the last 22 years the exports of Palestine to Portugal have increased at an annualized rate of 21.2%, from $4.52k in 2000 to $314k in 2022.

In 2022, Palestine did not export any services to Portugal.

Comparison In 2022, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

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Overview In January 2024, Portugal exported €744k and imported €59 from Palestine, resulting in a positive trade balance of €744k. Between January 2023 and January 2024 the exports of Portugal have decreased by €-1.14M (-60.5%) from €1.88M to €744k, while imports increased by €59 (N/A%) from €0 to €59.

Trade In January 2024, the top exports of Portugal to Palestine were Live animals (€1.66M), Paper articles (€119k), Food residues & wastes; animal fodder (€50.3k), Cereals (€32.3k), and Oils seeds, oleaginous fruits, grains, straw... (€12.5k). In January 2024 the top imports of Portugal from Palestine were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In January 2024, the decrease in Portugal's year-by-year exports to Palestine was explained primarily by an decrease in product exports in Plastics & articles thereof (€-33.7k or -100%), Leather articles (€-215 or -6.81%), and Umbrellas, walking sticks, & whips (€-48 or -84.2%). In January 2024, the increase in Portugal's year-by-year imports from Palestine was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-1.14M(-60.5%)

IMPORT GROWTH (January 2023 - January 2024)€59(N/A%)

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 Palestine and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $18.9M to Palestine. The main products exported from Portugal to Palestine were Sheep and Goats ($12.7M), Uncoated Paper ($1.62M), and Plastic Wash Basins ($588k). During the last 22 years the exports of Portugal to Palestine have increased at an annualized rate of 21%, from $288k in 2000 to $18.9M in 2022.

In 2022, Palestine exported $314k to Portugal. The main products exported from Palestine to Portugal were Other Knit Clothing Accessories ($313k) and Integrated Circuits ($339). During the last 22 years the exports of Palestine to Portugal have increased at an annualized rate of 21.2%, from $4.52k in 2000 to $314k in 2022.

Exports from Portugal () to Palestine () (2022)

Exports from Palestine () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Palestine
Top DestinationIsrael$1.3B

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

In 2021, countries that imported more from Portugal than Palestine were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Palestine than Portugal were Israel ($1.3B) and Jordan ($159M).

Difference in imports from Palestine () and Portugal () (2022)

Comparative Advantage Portugal - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Palestine in the exports of Animal Products ($13M), Paper Goods ($1.92M), and Foodstuffs ($1.06M).

During 2022, Palestine had a large net trade with Portugal in the exports of Textiles ($313k) and Machines ($339).

Economic Complexity

Competitive Landscape

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 Palestine. Similarly, the more yellow a dot/product is, the more Palestine has comparative advantage over Portugal.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to Palestine () (2022)

Exports from Palestine () to Portugal () (2022)

Market Competitiveness

Difference in imports from Palestine () and Portugal () (2022)

Comparative Advantage Portugal - Palestine

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Palestine () (2022)

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