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2022
Flag → Flag
Exports $672MRnk 19 / 208
2022
Flag → Flag
Top Product $60.4MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $896MRnk 32 / 205
2022
Flag → Flag
Top Product $151MMotor vehicles; parts and accessories (8701 to 8705)
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
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GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
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GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Portugal-Czechia Trade: In 2022, Portugal exported $672M to Czechia. The main products that Portugal exported to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($60.4M), Video Recording Equipment ($40.2M), and Rubber Tires ($32.6M). Over the past 5 years the exports of Portugal to Czechia have increased at an annualized rate of 7.87%, from $460M in 2017 to $672M in 2022.

In 2020, Portugal exported services to Czechia worth $21.7M, with Travel ($21.7M) being the largest in terms of value.

Czechia-Portugal Trade: In 2022, Czechia exported $896M to Portugal. The main products that Czechia exported to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($151M), Cars ($99.8M), and Electrical Control Boards ($34.3M). Over the past 5 years the exports of Czechia to Portugal have increased at an annualized rate of 9.11%,  from $579M in 2017 to $896M in 2022.

In 2019, Czechia exported services to Portugal worth $88M, with Transportation ($37.7M), Travel ($26.3M), and Other business services ($12.8M) being the largest in terms of value.

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €50M and imported €54.5M from Czechia, resulting in a negative trade balance of €4.52M. Between August 2023 and August 2024 the exports of Portugal have increased by €2.86M (6.07%) from €47.2M to €50M, while imports increased by €6.79M (14.2%) from €47.8M to €54.5M.

Trade In August 2024, the top exports of Portugal to Czechia were Electrical machinery and electronics (€11.6M), Cars, tractors, trucks & parts thereof. (€7.43M), Machinery, mechanical appliances, & parts (€3.27M), Plastics & articles thereof (€3.23M), and Furniture, bedding, lamps, & prefab buildings (€3.1M). In August 2024 the top imports of Portugal from Czechia were Electrical machinery and electronics (€15.9M), Machinery, mechanical appliances, & parts (€15.7M), Cars, tractors, trucks & parts thereof. (€15.2M), Optical, photo, & film equipment; medical... (€3.69M), and Rubber & articles thereof (€2.13M).

Growth In August 2024, the increase in Portugal's year-by-year exports to Czechia was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. (€830k or 12.6%), Coated, covered, & laminated fabrics for... (€826k or 42%), and Pharmaceutical products (€714k or 53%). In August 2024, the increase in Portugal's year-by-year imports  from Czechia was explained primarily by an increase in product imports  in Electrical machinery and electronics (€6.92M or 77.3%), Cars, tractors, trucks & parts thereof. (€6.37M or 72.3%), and Machinery, mechanical appliances, & parts (€2.68M or 20.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€2.86M(6.07%)
IMPORT GROWTH (August 2023 - August 2024)€6.79M(14.2%)

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

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

For full datasets download visit Bulk Download page.

Explore Czechia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $672M to Czechia. The main products exported from Portugal to Czechia were Motor vehicles; parts and accessories (8701 to 8705) ($60.4M), Video Recording Equipment ($40.2M), and Rubber Tires ($32.6M). During the last 5 years the exports of Portugal to Czechia have increased at an annualized rate of 7.87%, from $460M in 2017 to $672M in 2022.

In 2017, Czechia exported $896M to Portugal. The main products exported from Czechia to Portugal were Motor vehicles; parts and accessories (8701 to 8705) ($151M), Cars ($99.8M), and Electrical Control Boards ($34.3M). During the last 5 years the exports of Czechia to Portugal have increased at an annualized rate of 9.11%, from $579M in 2022 to $896M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Portugal than Czechia included Spain ($20.5B), Angola ($1.59B), and Gibraltar ($561M).

In 2022, countries that imported more from Czechia than Portugal included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Portugal - Czechia

Flow
Scale

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

During 2022, Portugal had a large net trade with Czechia in the exports of Machines ($216M), Transportation ($109M), and Plastics and Rubbers ($83.7M).

During 2017, Czechia had a large net trade with Portugal in the exports of Machines ($303M), Transportation ($265M), and Metals ($49.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Czechia+$35.2MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Czechia Portugal+$64.3MCars

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, Portugal exported services to Czechia worth $21.7M, with Travel ($21.7M) being the largest in terms of value.

In 2019, Czechia exported services to Portugal worth $88M, with Transportation ($37.7M), Travel ($26.3M), and Other business services ($12.8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Czechia (Flag) to Portugal (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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