2021
Flag  
GDP
$254BCURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP GROWTH
3.62%CURRENT US$
Rnk 157 / 204
2021
Flag
 GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
GDP PC 
$24,598CURRENT US$
Rnk 52 / 204
2011-2021
Flag
GDP PC GROWTH
5.95%CURRENT US$
Rnk 128 / 204
2021
Flag
GDP PC
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204

About

Portugal-United States In 2021, Portugal exported $4.49B to United States. The main products that Portugal exported to United States are Refined Petroleum ($826M), Rubber Tires ($290M), and House Linens ($165M). During the last 26 years the exports of Portugal to United States have increased at an annualized rate of 5.38%, from $1.15B in 1995 to $4.49B in 2021.

In 2020, Portugal exported services to United States worth $1.21B, with Transportation ($416M), Other business services ($378M), and Travel ($358M) being the largest in terms of value.

United States-Portugal In 2021, United States exported $2.34B to Portugal. The main products that United States exported to Portugal were Petroleum Gas ($896M), Crude Petroleum ($457M), and Soybeans ($123M). During the last 26 years the exports of United States to Portugal have increased at an annualized rate of 2.82%, from $1.13B in 1995 to $2.34B in 2021.

In 2017, United States exported services to Portugal worth $997M, with Travel ($439M), Transportation ($215M), and Financial services ($128M) being the largest in terms of value.

Comparison In 2021,  Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Portugal exported $4.49B to United States. The main products exported from Portugal to United States were Refined Petroleum ($826M), Rubber Tires ($290M), and House Linens ($165M). During the last 26 years the exports of Portugal to United States have increased at an annualized rate of 5.38%, from $1.15B in 1995 to $4.49B in 2021.

In 2021, United States exported $2.34B to Portugal. The main products exported from United States to Portugal were Petroleum Gas ($896M), Crude Petroleum ($457M), and Soybeans ($123M). During the last 26 years the exports of United States to Portugal have increased at an annualized rate of 2.82%, from $1.13B in 1995 to $2.34B in 2021.

Exports from Portugal (Flag) to United States (Flag) (2021)

Exports from United States (Flag) to Portugal (Flag) (2021)

Market Competitiveness

Color
Portugal
Top Destination
Spain$19.3B
United States
Top Destination
Canada$259B

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

In 2021, countries that imported more from Portugal than United States were Spain ($19.3B), Angola ($1.19B), and Cape Verde ($355M).

In 2021, countries that imported more from United States than Portugal were Canada ($259B), Mexico ($247B), and China ($151B).

Difference in imports from United States (Flag) and Portugal (Flag) (2021)

Comparative Advantage Portugal - United States

Flow
Scale

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

During 2021, Portugal had a large net trade with United States in the exports of Mineral Products ($888M), Textiles ($572M), and Machines ($550M).

During 2021, United States had a large net trade with Portugal in the exports of Mineral Products ($1.44B), Machines ($204M), and Vegetable Products ($140M).

Service Trade

Bilateral Service Trade

In 2020, Portugal exported services to United States worth $1.21B, with Transportation ($416M), Other business services ($378M), and Travel ($358M) being the largest in terms of value.

In 2017, United States exported services to Portugal worth $997M, with Travel ($439M), Transportation ($215M), and Financial services ($128M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Portugal (Flag) (2017)

Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and United States (Flag) (2021)

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