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December, 2024
2023
GDP$289BCURRENT US$
Rnk 48 / 195
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
GDP$407BCURRENT US$
Rnk 35 / 195
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
GDP PC $27,331CURRENT US$
Rnk 50 / 195
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
GDP PC$68,454CURRENT US$
Rnk 14 / 196
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
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About
Overview In December 2024, Portugal exported €36.8M and imported €44.2M from Denmark, resulting in a negative trade balance of €7.35M. Between December 2023 and December 2024 the exports of Portugal have increased by €3.19M (9.5%) from €33.6M to €36.8M, while imports decreased by €-11.5k (-0.026%) from €44.2M to €44.2M.
Trade In December 2024, the top exports of Portugal to Denmark were Footwear (€6.79M), Iron/Steel Articles (€4.33M), Knitted clothing accesories (€2.85M), Pharmaceutical products (€2.6M), and Iron & steel (€2.01M). In December 2024 the top imports of Portugal from Denmark were Pharmaceutical products (€10.6M), Fish, Crustaceans & Molluscs (€6.98M), Machinery, mechanical appliances, & parts (€3.19M), Perfumery & cosmetics (€2.14M), and Electrical machinery and electronics (€1.36M).
Growth In December 2024, the increase in Portugal's year-by-year exports to Denmark was explained primarily by an increase in product exports in Iron/Steel Articles (€3.38M or 355%), Pharmaceutical products (€2.14M or 466%), and Iron & steel (€1.82M or 956%). In December 2024, the decrease in Portugal's year-by-year imports from Denmark was explained primarily by an decrease in product imports in Iron & steel (€-4.74M or -95.1%), Edible products of animal origin, n.e.s. (€-435k or -61.4%), and Electrical machinery and electronics (€-255k or -15.8%).
Latest Trade
Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)€3.19M(9.5%)
IMPORT GROWTH (December 2023 - December 2024)€-11.5k(-0.026%)
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 Denmark and Portugal trade dynamics, check the bilateral page.
For full datasets download visit Bulk Download page.
Difference in imports from Denmark () and Portugal () (2023)
Comparative Advantage Portugal - Denmark
Flow
Scale
This chart compares trade between Portugal and Denmark by product, considering products traded by both, Portugal and Denmark.
During 2023, Portugal had a large net trade with Denmark in the exports of Textiles ($121M), Chemical Products ($88.2M), and Footwear and Headwear ($77.9M).
During 2018, Denmark had a large net trade with Portugal in the exports of Animal Products ($141M), Chemical Products ($106M), and Machines ($89.5M).
Potential Exports
Depth
View
Sort By
Top Product Potential Portugal Denmark+$12.4MCars
Top Product Potential Denmark Portugal+$30.8MPackaged Medicaments
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.
Competitive Landscape
This visualization shows the product space at the HS4 level with the flags of Portugal and Denmark. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Portugal.
