2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Portugal-Zimbabwe Trade: In 2022, Portugal exported $5.48M to Zimbabwe. The main products that Portugal exported to Zimbabwe were Electrical Transformers ($2.84M), Lifting Machinery ($1.01M), and Electrical Control Boards ($475k). Over the past 5 years the exports of Portugal to Zimbabwe have increased at an annualized rate of 54.6%, from $621k in 2017 to $5.48M in 2022.

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

Zimbabwe-Portugal Trade: In 2022, Zimbabwe exported $5.77M to Portugal. The main products that Zimbabwe exported to Portugal were Raw Cotton ($3.87M), Citrus ($1.07M), and Raw Tobacco ($463k). Over the past 5 years the exports of Zimbabwe to Portugal have decreased at an annualized rate of 13.3%,  from $11.8M in 2017 to $5.77M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $5.48M to Zimbabwe. The main products exported from Portugal to Zimbabwe were Electrical Transformers ($2.84M), Lifting Machinery ($1.01M), and Electrical Control Boards ($475k). During the last 5 years the exports of Portugal to Zimbabwe have increased at an annualized rate of 54.6%, from $621k in 2017 to $5.48M in 2022.

In 2017, Zimbabwe exported $5.77M to Portugal. The main products exported from Zimbabwe to Portugal were Raw Cotton ($3.87M), Citrus ($1.07M), and Raw Tobacco ($463k). During the last 5 years the exports of Zimbabwe to Portugal have decreased at an annualized rate of 13.3%, from $11.8M in 2022 to $5.77M in 2017.

Exports from Portugal (Flag) to Zimbabwe (Flag) (2022)

Exports from Zimbabwe (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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 2022, countries that imported more from Portugal than Zimbabwe included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Zimbabwe than Portugal included United Arab Emirates ($4.78B), South Africa ($1.47B), and Zambia ($102M).

Difference in imports from Zimbabwe (Flag) and Portugal (Flag) (2022)

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 2022, Portugal had a large net trade with Zimbabwe in the exports of Machines ($5.08M), Stone And Glass ($166k), and Chemical Products ($59.7k).

During 2017, Zimbabwe had a large net trade with Portugal in the exports of Textiles ($3.87M), Vegetable Products ($1.07M), and Foodstuffs ($463k).

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) (2022)

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