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2022
Flag → Flag
Exports $184MRnk 60 / 168
2022
Flag → Flag
Top Product $49.4MSoybean Meal
2022
Flag → Flag
Exports $196MRnk 40 / 208
2022
Flag → Flag
Top Product $98.5MPolycarboxylic Acids
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Argentina-Portugal Trade: In 2022, Argentina exported $184M to Portugal. The main products that Argentina exported to Portugal were Soybean Meal ($49.4M), Sunflower Seeds ($39.2M), and Dried Legumes ($16.5M). Over the past 5 years the exports of Argentina to Portugal have increased at an annualized rate of 13%, from $99.9M in 2017 to $184M in 2022.

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

Portugal-Argentina Trade: In 2022, Portugal exported $196M to Argentina. The main products that Portugal exported to Argentina were Polycarboxylic Acids ($98.5M), Motor vehicles; parts and accessories (8701 to 8705) ($9.68M), and Refined Petroleum ($9.09M). Over the past 5 years the exports of Portugal to Argentina have increased at an annualized rate of 8.74%,  from $129M in 2017 to $196M in 2022.

In 2020, Portugal exported services to Argentina worth $5.71M, with Travel ($5.71M) being the largest in terms of value.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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, Argentina exported $184M to Portugal. The main products exported from Argentina to Portugal were Soybean Meal ($49.4M), Sunflower Seeds ($39.2M), and Dried Legumes ($16.5M). During the last 5 years the exports of Argentina to Portugal have increased at an annualized rate of 13%, from $99.9M in 2017 to $184M in 2022.

In 2017, Portugal exported $196M to Argentina. The main products exported from Portugal to Argentina were Polycarboxylic Acids ($98.5M), Motor vehicles; parts and accessories (8701 to 8705) ($9.68M), and Refined Petroleum ($9.09M). During the last 5 years the exports of Portugal to Argentina have increased at an annualized rate of 8.74%, from $129M in 2022 to $196M in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Portugal (Flag)

Argentina Exports

Portugal Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Argentina than Portugal included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

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

Comparative Advantage Argentina - Portugal

Flow
Scale

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

During 2022, Argentina had a large net trade with Portugal in the exports of Vegetable Products ($70M), Foodstuffs ($58.1M), and Animal Products ($19.4M).

During 2017, Portugal had a large net trade with Argentina in the exports of Chemical Products ($101M), Machines ($17.9M), and Wood Products ($14.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Portugal+$6.23MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Portugal Argentina+$10.6MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Portugal exported services to Argentina worth $5.71M, with Travel ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to Argentina (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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