2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP
$254BCURRENT US$
Rnk 49 / 204
2011-2021
Flag
GDP GROWTH
3.62%CURRENT US$
Rnk 157 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC
$24,598CURRENT US$
Rnk 52 / 204
2011-2021
Flag
GDP PC GROWTH
5.95%CURRENT US$
Rnk 128 / 204

About

United States-Portugal In 2021, United States exported $2.34B to Portugal. The main products that United States exported to Portugal are Petroleum Gas ($896M), Crude Petroleum ($457M), and Soybeans ($123M). During the last 26 years the exports of United States to Portugal have increased at an annualized rate of 2.82%, from $1.13B in 1995 to $2.34B in 2021.

In 2017, United States exported services to Portugal worth $997M, with Travel ($439M), Transportation ($215M), and Financial services ($128M) being the largest in terms of value.

Portugal-United States In 2021, Portugal exported $4.49B to United States. The main products that Portugal exported to United States were Refined Petroleum ($826M), Rubber Tires ($290M), and House Linens ($165M). During the last 26 years the exports of Portugal to United States have increased at an annualized rate of 5.38%, from $1.15B in 1995 to $4.49B in 2021.

In 2020, Portugal exported services to United States worth $1.21B, with Transportation ($416M), Other business services ($378M), and Travel ($358M) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $2.34B to Portugal. The main products exported from United States to Portugal were Petroleum Gas ($896M), Crude Petroleum ($457M), and Soybeans ($123M). During the last 26 years the exports of United States to Portugal have increased at an annualized rate of 2.82%, from $1.13B in 1995 to $2.34B in 2021.

In 2021, Portugal exported $4.49B to United States. The main products exported from Portugal to United States were Refined Petroleum ($826M), Rubber Tires ($290M), and House Linens ($165M). During the last 26 years the exports of Portugal to United States have increased at an annualized rate of 5.38%, from $1.15B in 1995 to $4.49B in 2021.

Exports from United States (Flag) to Portugal (Flag) (2021)

Exports from Portugal (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Portugal
Top Destination
Spain$19.3B

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 2021, countries that imported more from United States than Portugal were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Portugal than United States were Spain ($19.3B), Angola ($1.19B), and Cape Verde ($355M).

Difference in imports from Portugal (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Portugal

Flow
Scale

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

During 2021, United States had a large net trade with Portugal in the exports of Mineral Products ($1.44B), Machines ($204M), and Vegetable Products ($140M).

During 2021, Portugal had a large net trade with United States in the exports of Mineral Products ($888M), Textiles ($572M), and Machines ($550M).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Portugal worth $997M, with Travel ($439M), Transportation ($215M), and Financial services ($128M) being the largest in terms of value.

In 2020, Portugal exported services to United States worth $1.21B, with Transportation ($416M), Other business services ($378M), and Travel ($358M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Portugal (Flag) (2017)

Services Exports from Portugal (Flag) to United States (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Portugal (Flag) (2021)

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