Portugal / United States | The Observatory of Economic Complexity

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Portugal-United States Trade: In 2022, Portugal exported $3.38B to United States. The main products that Portugal exported to United States were Refined Petroleum ($1.15B), Unpackaged Medicaments ($432M), and Rubber Tires ($361M). Over the past 5 years the exports of Portugal to United States have increased at an annualized rate of 23.7%, from $1.16B in 2017 to $3.38B in 2022.

In 2022, Portugal did not export any services to United States.

United States-Portugal Trade: In 2022, United States exported $1.14B to Portugal. The main products that United States exported to Portugal were Petroleum Gas ($1.78B), Crude Petroleum ($329M), and Soybeans ($141M). Over the past 5 years the exports of United States to Portugal have decreased at an annualized rate of 0.061%, from $1.14B in 2017 to $1.14B in 2022.

In 2022, United States did not export any services to Portugal.

Comparison In N/A, Portugal ranked 48 in total exports ($81.7B). That same year, United States ranked 2 in total exports ($1.95T). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $3.38B to United States. The main products exported from Portugal to United States were Refined Petroleum ($1.15B), Unpackaged Medicaments ($432M), and Rubber Tires ($361M). During the last 5 years the exports of Portugal to United States have increased at an annualized rate of 23.7%, from $1.16B in 2017 to $3.38B in 2022.

In 2017, United States exported $1.14B to Portugal. The main products exported from United States to Portugal were Petroleum Gas ($1.78B), Crude Petroleum ($329M), and Soybeans ($141M). During the last 22 years the exports of United States to Portugal have decreased at an annualized rate of 0.061%, from $1.14B in 1995 to $1.14B in 2017.

Exports from Portugal () to United States () (2022)

Exports from United States () to Portugal () (2022)

Latest Data

Trade between Portugal () and United States ()

Portugal Exports

Date

Comparative Advantage Portugal - United States

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with United States in the exports of Mineral Products ($1.2B), Chemical Products ($785M), and Machines ($640M).

During 2017, United States had a large net trade with Portugal in the exports of N/A.

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to United States () (2022)

Exports from United States () to Portugal () (2022)

Latest Data

Trade between Portugal () and United States ()

Portugal Exports

Comparative Advantage Portugal - United States

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Portugal () and United States () (2022)

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