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2023
Flag → Flag
Exports $6.69MRnk 133 / 211
2023
Flag → Flag
Top Product $3.03MSoybean Oil
2023
Flag → Flag
Exports $6.83MRnk 38 / 143
2023
Flag → Flag
Top Product $5.02MCitrus
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.98Rnk 110 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH58.3%CURRENT US$
Rnk 33 / 195

About

Portugal-Zimbabwe Trade: In 2023, Portugal exported $6.69M to Zimbabwe. The main products that Portugal exported to Zimbabwe were Soybean Oil ($3.03M), High-voltage Protection Equipment ($974k), and Potassic Fertilizers ($843k). Over the past 5 years the exports of Portugal to Zimbabwe have increased at an annualized rate of 8.15%, from $4.52M in 2018 to $6.69M in 2023.

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

Zimbabwe-Portugal Trade: In 2023, Zimbabwe exported $6.83M to Portugal. The main products that Zimbabwe exported to Portugal were Citrus ($5.02M), Raw Cotton ($1.31M), and Raw Tobacco ($294k). Over the past 5 years the exports of Zimbabwe to Portugal have increased at an annualized rate of 6.81%,  from $4.91M in 2018 to $6.83M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €17.8k and imported €108 from Zimbabwe, resulting in a positive trade balance of €17.6k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-18.6k (-51.2%) from €36.4k to €17.8k, while imports increased by €25 (30.1%) from €83 to €108.

Trade In November 2024, the top exports of Portugal to Zimbabwe were Machinery, mechanical appliances, & parts (€27.2k), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In November 2024 the top imports of Portugal from Zimbabwe were Cotton (€542k), Salt, sulphur, cement, lime, stone, &... (€6.4k), Live animals (€0), Meat & edible offal (€0), and Fish, Crustaceans & Molluscs (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Zimbabwe was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-142k or -83.9%) and Stone, plaster, cement, asbestos, mica. (€-27.4k or -100%). In November 2024, the increase in Portugal's year-by-year imports  from Zimbabwe was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-18.6k(-51.2%)
IMPORT GROWTH (November 2023 - November 2024)€25(30.1%)

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 Zimbabwe and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Zimbabwe and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $6.69M to Zimbabwe. The main products exported from Portugal to Zimbabwe were Soybean Oil ($3.03M), High-voltage Protection Equipment ($974k), and Potassic Fertilizers ($843k). During the last 5 years the exports of Portugal to Zimbabwe have increased at an annualized rate of 8.15%, from $4.52M in 2018 to $6.69M in 2023.

In 2018, Zimbabwe exported $6.83M to Portugal. The main products exported from Zimbabwe to Portugal were Citrus ($5.02M), Raw Cotton ($1.31M), and Raw Tobacco ($294k). During the last 5 years the exports of Zimbabwe to Portugal have increased at an annualized rate of 6.81%, from $4.91M in 2023 to $6.83M in 2018.

Exports from Portugal (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Portugal included United Arab Emirates ($4.1B), South Africa ($1.39B), and Zambia ($140M).

Difference in imports from Zimbabwe (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Zimbabwe

Flow
Scale

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

During 2023, Portugal had a large net trade with Zimbabwe in the exports of Animal and Vegetable Bi-Products ($3.03M), Chemical Products ($1.86M), and Machines ($1.64M).

During 2018, Zimbabwe had a large net trade with Portugal in the exports of Vegetable Products ($5.07M), Textiles ($1.31M), and Foodstuffs ($294k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Zimbabwe+$246kElectrical Control Boards
Top Product Potential Zimbabwe Portugal+$972kRaw Tobacco

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Zimbabwe (Flag) (2023)

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