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2023
Flag → Flag
Exports $154MRnk 102 / 216
2023
Flag → Flag
Top Product $101MRefined Petroleum
2023
Flag → Flag
Exports $403MRnk 29 / 211
2023
Flag → Flag
Top Product $35.6MCars
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

United Arab Emirates-Portugal Trade: In 2023, United Arab Emirates exported $154M to Portugal. The main products that United Arab Emirates exported to Portugal were Refined Petroleum ($101M), Gas Turbines ($8.04M), and Iron Structures ($7.76M). Over the past 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 19.8%, from $62.5M in 2018 to $154M in 2023.

In 2023, United Arab Emirates did not export any services to Portugal.

Portugal-United Arab Emirates Trade: In 2023, Portugal exported $403M to United Arab Emirates. The main products that Portugal exported to United Arab Emirates were Cars ($35.6M), Knit T-shirts ($29.6M), and Packaged Medicaments ($18.2M). Over the past 5 years the exports of Portugal to United Arab Emirates have increased at an annualized rate of 7.95%,  from $275M in 2018 to $403M in 2023.

In 2023, Portugal did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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
Value

In 2023, United Arab Emirates exported $154M to Portugal. The main products exported from United Arab Emirates to Portugal were Refined Petroleum ($101M), Gas Turbines ($8.04M), and Iron Structures ($7.76M). During the last 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 19.8%, from $62.5M in 2018 to $154M in 2023.

In 2018, Portugal exported $403M to United Arab Emirates. The main products exported from Portugal to United Arab Emirates were Cars ($35.6M), Knit T-shirts ($29.6M), and Packaged Medicaments ($18.2M). During the last 5 years the exports of Portugal to United Arab Emirates have increased at an annualized rate of 7.95%, from $275M in 2023 to $403M in 2018.

Exports from United Arab Emirates (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Portugal (Flag)

United Arab Emirates Exports

Portugal Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from United Arab Emirates than Portugal included China ($40.2B), India ($38.2B), and Japan ($37.4B).

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

Difference in imports from Portugal (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Portugal

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Portugal in the exports of Mineral Products ($101M), Machines ($17.8M), and Metals ($13.8M).

During 2018, Portugal had a large net trade with United Arab Emirates in the exports of Textiles ($108M), Machines ($67M), and Transportation ($44.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Portugal+$6.46MEthylene Polymers
Top Product Potential Portugal United Arab Emirates+$17.7MCars

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

Product Space of United Arab Emirates (Flag) and Portugal (Flag) (2023)

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