Greece (GRC) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Greece-Portugal In 2022, Greece exported $321M to Portugal. The main products that Greece exported to Portugal are Refined Petroleum ($82.6M), Propylene Polymers ($33.7M), and Computers ($23.3M). During the last 27 years the exports of Greece to Portugal have increased at an annualized rate of 6.18%, from $63.5M in 1995 to $321M in 2022.

In 2020, Greece exported services to Portugal worth $48.3M, with Transportation ($28.4M), Travel ($7.77M), and Other business services ($7.31M) being the largest in terms of value.

Portugal-Greece In 2022, Portugal exported $248M to Greece. The main products that Portugal exported to Greece were Cars ($27.6M), Uncoated Paper ($18.6M), and Polycarboxylic Acids ($9.57M). During the last 27 years the exports of Portugal to Greece have increased at an annualized rate of 3.1%, from $109M in 1995 to $248M in 2022.

In 2020, Portugal exported services to Greece worth $11.4M, with Travel ($11.4M) being the largest in terms of value.

Comparison In 2022, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B). That same year, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $321M to Portugal. The main products exported from Greece to Portugal were Refined Petroleum ($82.6M), Propylene Polymers ($33.7M), and Computers ($23.3M). During the last 27 years the exports of Greece to Portugal have increased at an annualized rate of 6.18%, from $63.5M in 1995 to $321M in 2022.

In 2022, Portugal exported $248M to Greece. The main products exported from Portugal to Greece were Cars ($27.6M), Uncoated Paper ($18.6M), and Polycarboxylic Acids ($9.57M). During the last 27 years the exports of Portugal to Greece have increased at an annualized rate of 3.1%, from $109M in 1995 to $248M in 2022.

Exports from Greece () to Portugal () (2022)

Exports from Portugal () to Greece () (2022)

Latest Data

Trade between Greece () and Portugal ()

Greece Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Portugal
Top DestinationSpain$20.5B

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

In 2021, countries that imported more from Greece than Portugal were Bulgaria ($3.62B), Cyprus ($2.92B), and Italy ($5.82B).

In 2021, countries that imported more from Portugal than Greece were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal () and Greece () (2022)

Comparative Advantage Greece - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Portugal in the exports of Mineral Products ($84.7M), Plastics and Rubbers ($47.2M), and Machines ($45.3M).

During 2022, Portugal had a large net trade with Greece in the exports of Transportation ($38.9M), Foodstuffs ($33.5M), and Paper Goods ($29.7M).

Service Trade

Bilateral Service Trade

Prt Year

Grc Year

In 2020, Greece exported services to Portugal worth $48.3M, with Transportation ($28.4M), Travel ($7.77M), and Other business services ($7.31M) being the largest in terms of value.

In 2020, Portugal exported services to Greece worth $11.4M, with Travel ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Portugal () (2020)

Services Exports from Portugal () to Greece () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Greece has comparative advantage over Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Portugal () (2022)

Exports from Portugal () to Greece () (2022)

Latest Data

Trade between Greece () and Portugal ()

Greece Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Greece () (2022)

Comparative Advantage Greece - Portugal

Service Trade

Bilateral Service Trade

Services Exports from Greece () to Portugal () (2020)

Services Exports from Portugal () to Greece () (2020)

Economic Complexity

Competitive Landscape

Product Space of Greece () and Portugal () (2022)

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