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2022
Flag → Flag
Exports $152MRnk 44 / 191
2022
Flag → Flag
Top Product $73.7MCorn
2022
Flag → Flag
Exports $56.2MRnk 70 / 208
2022
Flag → Flag
Top Product $5.34MUncoated Paper
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Ukraine-Portugal Trade: In 2022, Ukraine exported $152M to Portugal. The main products that Ukraine exported to Portugal were Corn ($73.7M), Hot-Rolled Iron ($13.6M), and Rapeseed ($9.64M). Over the past 5 years the exports of Ukraine to Portugal have decreased at an annualized rate of 10.6%, from $268M in 2017 to $152M in 2022.

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

Portugal-Ukraine Trade: In 2022, Portugal exported $56.2M to Ukraine. The main products that Portugal exported to Ukraine were Uncoated Paper ($5.34M), Planes, Helicopters, and/or Spacecraft ($4.28M), and Processed Tobacco ($3.69M). Over the past 5 years the exports of Portugal to Ukraine have decreased at an annualized rate of 0.94%,  from $58.9M in 2017 to $56.2M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $152M to Portugal. The main products exported from Ukraine to Portugal were Corn ($73.7M), Hot-Rolled Iron ($13.6M), and Rapeseed ($9.64M). During the last 5 years the exports of Ukraine to Portugal have decreased at an annualized rate of 10.6%, from $268M in 2017 to $152M in 2022.

In 2017, Portugal exported $56.2M to Ukraine. The main products exported from Portugal to Ukraine were Uncoated Paper ($5.34M), Planes, Helicopters, and/or Spacecraft ($4.28M), and Processed Tobacco ($3.69M). During the last 5 years the exports of Portugal to Ukraine have decreased at an annualized rate of 0.94%, from $58.9M in 2022 to $56.2M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Portugal (Flag)

Ukraine Exports

Portugal Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Ukraine than Portugal included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

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

Comparative Advantage Ukraine - Portugal

Flow
Scale

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

During 2022, Ukraine had a large net trade with Portugal in the exports of Vegetable Products ($91M), Metals ($19.5M), and Machines ($10.7M).

During 2017, Portugal had a large net trade with Ukraine in the exports of Machines ($11.2M), Foodstuffs ($10.8M), and Textiles ($5.73M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Portugal+$10.2MCorn
Top Product Potential Portugal Ukraine+$2.08MUncoated Paper

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 Ukraine and Portugal. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Portugal (Flag) (2022)

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