2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
 GDP
$289BCURRENT US$
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2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
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About

France-Portugal Trade: In 2023, France exported $7.92B to Portugal. The main products that France exported to Portugal were Cars ($1.11B), Motor vehicles; parts and accessories (8701 to 8705) ($432M), and Packaged Medicaments ($304M). Over the past 5 years the exports of France to Portugal have increased at an annualized rate of 1.74%, from $7.26B in 2018 to $7.92B in 2023.

In 2020, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) being the largest in terms of value.

Portugal-France Trade: In 2023, Portugal exported $9.19B to France. The main products that Portugal exported to France were Delivery Trucks ($589M), Cars ($571M), and Motor vehicles; parts and accessories (8701 to 8705) ($496M). Over the past 5 years the exports of Portugal to France have increased at an annualized rate of 2.65%,  from $8.06B in 2018 to $9.19B in 2023.

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). 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, France exported $7.92B to Portugal. The main products exported from France to Portugal were Cars ($1.11B), Motor vehicles; parts and accessories (8701 to 8705) ($432M), and Packaged Medicaments ($304M). During the last 5 years the exports of France to Portugal have increased at an annualized rate of 1.74%, from $7.26B in 2018 to $7.92B in 2023.

In 2018, Portugal exported $9.19B to France. The main products exported from Portugal to France were Delivery Trucks ($589M), Cars ($571M), and Motor vehicles; parts and accessories (8701 to 8705) ($496M). During the last 5 years the exports of Portugal to France have increased at an annualized rate of 2.65%, from $8.06B in 2023 to $9.19B in 2018.

Exports from France (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to France (Flag) (2023)

Latest Data

Trade between France (Flag) and Portugal (Flag)

France Exports

Portugal Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from France than Portugal included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

In 2023, countries that imported more from Portugal than France included Angola ($1.64B), Cape Verde ($536M), and Mozambique ($263M).

Difference in imports from Portugal (Flag) and France (Flag) (2023)

Comparative Advantage France - Portugal

Flow
Scale

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

During 2023, France had a large net trade with Portugal in the exports of Transportation ($2.13B), Machines ($1.18B), and Chemical Products ($870M).

During 2018, Portugal had a large net trade with France in the exports of Transportation ($1.99B), Machines ($1.22B), and Metals ($914M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Portugal+$66.2MPackaged Medicaments
Top Product Potential Portugal France+$183MCars

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, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) being the largest in terms of value.

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of France (Flag) and Portugal (Flag) (2023)

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