Flag United States / Portugal Flag

2019
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Exports
: $1.65B, Rnk 64 / 218

2019
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Top Product
: $394M, Petroleum Gas

2019
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Exports
: $3.58B, Rnk 5 / 208

2019
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Top Product
: $797M, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.54, Rnk 48 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $239B, CURRENT US$
Rnk 47 / 187

2009-2019
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GDP GROWTH
: -2.02%, CURRENT US$
Rnk 174 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $23,252, CURRENT US$
Rnk 42 / 187

2009-2019
Flag
GDP PC GROWTH
: 0.83%, CURRENT US$
Rnk 157 / 187

United States-Portugal In 2019, United States exported $1.65B to Portugal. The main products that United States exported to Portugal are Petroleum Gas ($394M), Planes, Helicopters, and/or Spacecraft ($219M), and Soybeans ($169M). During the last 24 years the exports of United States to Portugal have increased at an annualized rate of 1.76%, from $1.08B in 1995 to $1.65B in 2019.

In 2019, United States did not export any services to Portugal.

Portugal-United States In 2019, Portugal exported $3.58B to United States . The main products that Portugal exported to United States were Refined Petroleum ($797M), Rubber Tires ($167M), and Packaged Medicaments ($140M). During the last 24 years the exports of Portugal to United States have increased at an annualized rate of 4.87%, from $1.14B in 1995 to $3.58B in 2019.

In 2019, Portugal exported services to United States worth $2.68B, with Travel ($1.45B), Transportation ($858M), and Other business services ($324M) being the largest in terms of value.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Portugal ranked 48 in the Economic Complexity Index (ECI 0.54), and 45 in total exports ($66.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $1.65B to Portugal. The main products exported from United States to Portugal were Petroleum Gas ($394M), Planes, Helicopters, and/or Spacecraft ($219M), and Soybeans ($169M). During the last 24 years the exports of United States to Portugal have increased at an annualized rate of 1.76%, from $1.08B in 1995 to $1.65B in 2019.

In 2019, Portugal exported $3.58B to United States. The main products exported from Portugal to United States were Refined Petroleum ($797M), Rubber Tires ($167M), and Packaged Medicaments ($140M). During the last 24 years the exports of Portugal to United States have increased at an annualized rate of 4.87%, from $1.14B in 1995 to $3.58B in 2019.

United States Exports

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Portugal Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Portugal
Top Destination
: Spain, $15.4B

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

In 2019, countries that imported more from United States than Portugal were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Portugal than United States were Angola ($1.39B), Cape Verde ($338M), and Guinea-Bissau ($102M).

Comparative Advantage United States - Portugal

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Depth

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

During 2019, United States had a large net trade with Portugal in the exports of Mineral Products ($485M), Transportation ($293M), and Machines ($260M).

During 2019, Portugal had a large net trade with United States in the exports of Mineral Products ($827M), Textiles ($427M), and Machines ($360M).

Tariff Section

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This section shows import tariffs for products traded between United States and Portugal (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Portugal were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from Portugal that paid the highest import tariffs to enter United States were Sugar beet (178%) and Whey (173%).

*The tariffs present between United States and Portugal are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2019, Portugal exported services to United States worth $2.68B, with Travel ($1.45B), Transportation ($858M), and Other business services ($324M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Portugal. Similarly, the more red a dot/product is, the more Portugal has comparative advantage over United States.