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2022
Flag → Flag
Exports $377MRnk 48 / 215
2022
Flag → Flag
Top Product $80.1MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $883MRnk 16 / 208
2022
Flag → Flag
Top Product $343MUnpackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Canada-Portugal Trade: In 2022, Canada exported $377M to Portugal. The main products that Canada exported to Portugal were Planes, Helicopters, and/or Spacecraft ($80.1M), Crude Petroleum ($70.1M), and Corn ($58.4M). Over the past 5 years the exports of Canada to Portugal have increased at an annualized rate of 9.37%, from $241M in 2017 to $377M in 2022.

In 2020, Canada exported services to Portugal worth $55.9M, with Transportation ($20.1M), Computer and information services ($18.6M), and Travel ($11.2M) being the largest in terms of value.

Portugal-Canada Trade: In 2022, Portugal exported $883M to Canada. The main products that Portugal exported to Canada were Unpackaged Medicaments ($343M), Wine ($55.4M), and House Linens ($33.8M). Over the past 5 years the exports of Portugal to Canada have increased at an annualized rate of 18.1%,  from $385M in 2017 to $883M in 2022.

In 2020, Portugal exported services to Canada worth $97.1M, with Travel ($97.1M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

September, 2024

About

Overview In September 2024, Canada exported C$12.3M and imported C$66.6M from Portugal, resulting in a negative trade balance of C$54.3M. Between September 2023 and September 2024 the exports of Canada have decreased by C$-5.02M (-29%) from C$17.3M to C$12.3M, while imports increased by C$220k (0.33%) from C$66.4M to C$66.6M.

Trade In September 2024, the top exports of Canada to Portugal were Planes, Helicopters, and/or Spacecraft (C$66.5M), Chlorates and Perchlorates (C$1.61M), Dried Legumes (C$527k), Electric Furnaces (C$499k), and Newsprint (C$469k). In September 2024 the top imports of Canada from Portugal were Leather Footwear (C$5.68M), Rubber Tires (C$4.68M), Wine (C$4.32M), Knit T-shirts (C$4.29M), and Knit Sweaters (C$3.24M).

Origins In September 2024 the exports of Canada were mainly from Ontario (C$4.49M), Quebec (C$3.89M), Nova Scotia (C$992k), New Brunswick (C$773k), and British Columbia (C$589k), while imports destinations were mainly Ontario (C$38M), Quebec (C$20.2M), British Columbia (C$5.16M), Alberta (C$2.26M), and Nova Scotia (C$500k).

Growth In September 2024, the decrease in Canada's year-by-year exports to Portugal was explained primarily by an decrease in product exports in Dried Legumes (C$-511k or -49.2%), Detonating Fuses (C$-205k or -67.9%), and Mill Machinery (C$-201k or -94.2%). In September 2024, the increase in Canada's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Knit T-shirts (C$1.91M or 80.4%), Navigation Equipment (C$1.6M or 4.87k%), and Felt or Coated Fabric Garments (C$1.48M or 361%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)C$-5.02M(-29%)
IMPORT GROWTH (September 2023 - September 2024)C$220k(0.33%)
MAIN EXPORTER (September 2024)OntarioC$4.49M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Portugal and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $377M to Portugal. The main products exported from Canada to Portugal were Planes, Helicopters, and/or Spacecraft ($80.1M), Crude Petroleum ($70.1M), and Corn ($58.4M). During the last 5 years the exports of Canada to Portugal have increased at an annualized rate of 9.37%, from $241M in 2017 to $377M in 2022.

In 2017, Portugal exported $883M to Canada. The main products exported from Portugal to Canada were Unpackaged Medicaments ($343M), Wine ($55.4M), and House Linens ($33.8M). During the last 5 years the exports of Portugal to Canada have increased at an annualized rate of 18.1%, from $385M in 2022 to $883M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Canada than Portugal included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

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

Comparative Advantage Canada - Portugal

Flow
Scale

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

During 2022, Canada had a large net trade with Portugal in the exports of Vegetable Products ($154M), Transportation ($84.6M), and Mineral Products ($70.4M).

During 2017, Portugal had a large net trade with Canada in the exports of Chemical Products ($378M), Textiles ($108M), and Foodstuffs ($71.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Portugal+$89.7MCrude Petroleum
Top Product Potential Portugal Canada+$49.2MRefined Petroleum

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, Canada exported services to Portugal worth $55.9M, with Transportation ($20.1M), Computer and information services ($18.6M), and Travel ($11.2M) being the largest in terms of value.

In 2020, Portugal exported services to Canada worth $97.1M, with Travel ($97.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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