China-Portugal Trade: In 2022, China exported $6.11B to Portugal. The main products that China exported to Portugal were Semiconductor Devices ($1.03B), Broadcasting Equipment ($216M), and Bi-Wheel Vehicle Parts ($203M). Over the past 5 years the exports of China to Portugal have increased at an annualized rate of 13.8%, from $3.2B in 2017 to $6.11B in 2022.
In 2022, China did not export any services to Portugal.
Portugal-China Trade: In 2022, Portugal exported $879M to China. The main products that Portugal exported to China were Scrap Copper ($117M), Dissolving Grades Chemical Woodpulp ($75.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($50.6M). Over the past 5 years the exports of Portugal to China have decreased at an annualized rate of 3.6%, from $1.06B in 2017 to $879M in 2022.
In 2020, Portugal exported services to China worth $89.1M, with Travel ($66.2M) and Transportation ($22.8M) being the largest in terms of value.
Comparison: In 2022, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).