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2022
Flag → Flag
Exports $164MRnk 47 / 198
2022
Flag → Flag
Top Product $48.3MBroadcasting Equipment
2022
Flag → Flag
Exports $162MRnk 47 / 208
2022
Flag → Flag
Top Product $30MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Hong Kong-Portugal Trade: In 2022, Hong Kong exported $164M to Portugal. The main products that Hong Kong exported to Portugal were Broadcasting Equipment ($48.3M), Integrated Circuits ($28.6M), and Printed Circuit Boards ($8.41M). Over the past 5 years the exports of Hong Kong to Portugal have increased at an annualized rate of 13.3%, from $87.7M in 2017 to $164M in 2022.

In 2022, Hong Kong did not export any services to Portugal.

Portugal-Hong Kong Trade: In 2022, Portugal exported $162M to Hong Kong. The main products that Portugal exported to Hong Kong were Integrated Circuits ($30M), Precious Metal Watches ($16.6M), and Electrical Capacitors ($11.9M). Over the past 5 years the exports of Portugal to Hong Kong have decreased at an annualized rate of 2.74%,  from $186M in 2017 to $162M in 2022.

In 2018, Portugal exported services to Hong Kong worth $0, with being the largest in terms of value.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $164M to Portugal. The main products exported from Hong Kong to Portugal were Broadcasting Equipment ($48.3M), Integrated Circuits ($28.6M), and Printed Circuit Boards ($8.41M). During the last 5 years the exports of Hong Kong to Portugal have increased at an annualized rate of 13.3%, from $87.7M in 2017 to $164M in 2022.

In 2017, Portugal exported $162M to Hong Kong. The main products exported from Portugal to Hong Kong were Integrated Circuits ($30M), Precious Metal Watches ($16.6M), and Electrical Capacitors ($11.9M). During the last 5 years the exports of Portugal to Hong Kong have decreased at an annualized rate of 2.74%, from $186M in 2022 to $162M in 2017.

Exports from Hong Kong (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Portugal (Flag)

Hong Kong Exports

Portugal Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Hong Kong than Portugal included China ($23.4B), India ($14.3B), and Malaysia ($3.84B).

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

Difference in imports from Portugal (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Portugal

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Portugal in the exports of Machines ($120M), Metals ($8.98M), and Textiles ($6.08M).

During 2017, Portugal had a large net trade with Hong Kong in the exports of Machines ($61.4M), Textiles ($31.6M), and Instruments ($25.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Portugal+$22.4MTelephones
Top Product Potential Portugal Hong Kong+$27.2MIntegrated Circuits

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 2018, Portugal exported services to Hong Kong worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to Hong Kong (Flag) (2018)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Portugal (Flag) (2022)

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