Saudi Arabia (SAU) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Portugal Trade: In 2023, Saudi Arabia exported $492M to Portugal. The main products that Saudi Arabia exported to Portugal were Refined Petroleum ($364M), Propylene Polymers ($58.6M), and Spark-Ignition Engines ($16.8M). Over the past 5 years the exports of Saudi Arabia to Portugal have decreased at an annualized rate of 11.2%, from $891M in 2018 to $492M in 2023.

In 2023, Saudi Arabia did not export any services to Portugal.

Portugal-Saudi Arabia In N/A, Portugal did not export any products to Saudi Arabia.

In 2023, Portugal did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Saudi Arabia exported $492M to Portugal. The main products exported from Saudi Arabia to Portugal were Refined Petroleum ($364M), Propylene Polymers ($58.6M), and Spark-Ignition Engines ($16.8M). During the last 5 years the exports of Saudi Arabia to Portugal have decreased at an annualized rate of 11.2%, from $891M in 2018 to $492M in 2023.

Portugal does not register exports to Saudi Arabia. The main products exported from Portugal to Saudi Arabia were Cars ($53.1M), Refined Petroleum ($24.2M), and Butter ($13.6M).

Exports from Saudi Arabia () to Portugal () (2023)

Exports from Portugal () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Portugal ()

Saudi Arabia Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Saudi Arabia than Portugal included China ($64.4B), India ($34.8B), and Japan ($34.7B).

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

Difference in imports from Portugal () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Portugal in the exports of Mineral Products ($364M), Plastics and Rubbers ($63.9M), and Chemical Products ($24.9M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Portugal () (2023)

Exports from Portugal () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Portugal ()

Saudi Arabia Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Portugal

Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Portugal () (2023)

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