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

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Portugal-Palestine Trade: In 2023, Portugal exported $18.5M to Palestine. The main products that Portugal exported to Palestine were Sheep and Goats ($15.2M), Uncoated Paper ($979k), and Cars ($699k). Over the past 5 years the exports of Portugal to Palestine have increased at an annualized rate of 6.17%, from $13.7M in 2018 to $18.5M in 2023.

In 2023, Portugal did not export any services to Palestine.

Palestine-Portugal Trade: In 2023, Palestine exported $239k to Portugal. The main products that Palestine exported to Portugal were Metal Molds ($168k), Tropical Fruits ($60.3k), and Scarves ($10.1k). Over the past 5 years the exports of Palestine to Portugal have increased at an annualized rate of 113%, from $5.45k in 2018 to $239k in 2023.

In 2023, Palestine did not export any services to Portugal.

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, Portugal exported €269k and imported €195k from Palestine, resulting in a positive trade balance of €74.1k. Between November 2023 and November 2024 the exports of Portugal have increased by €100k (59.1%) from €169k to €269k, while imports increased by €139k (248%) from €56k to €195k.

Trade In November 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 November 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 November 2024, the increase in Portugal's year-by-year exports to Palestine was explained primarily by an increase in product exports in Live animals (€839k or 102%), Paper articles (€97.5k or 457%), and Food residues & wastes; animal fodder (€17.7k or 54.5%). In November 2024, the increase in Portugal's year-by-year imports from Palestine was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€100k(59.1%)

IMPORT GROWTH (November 2023 - November 2024)€139k(248%)

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 2023, Portugal exported $18.5M to Palestine. The main products exported from Portugal to Palestine were Sheep and Goats ($15.2M), Uncoated Paper ($979k), and Cars ($699k). During the last 5 years the exports of Portugal to Palestine have increased at an annualized rate of 6.17%, from $13.7M in 2018 to $18.5M in 2023.

In 2018, Palestine exported $239k to Portugal. The main products exported from Palestine to Portugal were Metal Molds ($168k), Tropical Fruits ($60.3k), and Scarves ($10.1k). During the last 5 years the exports of Palestine to Portugal have increased at an annualized rate of 113%, from $5.45k in 2023 to $239k in 2018.

Exports from Portugal () to Palestine () (2023)

Exports from Palestine () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Palestine
Top DestinationJordan$96.6M

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 2023, countries that imported more from Portugal than Palestine included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Palestine than Portugal included Jordan ($96.6M).

Difference in imports from Palestine () and Portugal () (2023)

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 2023, Portugal had a large net trade with Palestine in the exports of Animal Products ($15.7M), Paper Goods ($1.04M), and Transportation ($699k).

During 2018, Palestine had a large net trade with Portugal in the exports of Machines ($168k), Vegetable Products ($60.3k), and Textiles ($10.6k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Palestine () (2023)

Exports from Palestine () to Portugal () (2023)

Market Competitiveness

Difference in imports from Palestine () and Portugal () (2023)

Comparative Advantage Portugal - Palestine

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Palestine () (2023)

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