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2023
Flag → Flag
Exports $530MRnk 26 / 211
2023
Flag → Flag
Top Product $63.3MPrepared Pigments
2023
Flag → Flag
Exports $1.01BRnk 11 / 124
2023
Flag → Flag
Top Product $890MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$5,364CURRENT US$
Rnk 121 / 196
2013-2023
Flag
GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195

About

Portugal-Algeria Trade: In 2023, Portugal exported $530M to Algeria. The main products that Portugal exported to Algeria were Prepared Pigments ($63.3M), Uncoated Paper ($58.8M), and Soybean Oil ($49.2M). Over the past 5 years the exports of Portugal to Algeria have increased at an annualized rate of 7.98%, from $361M in 2018 to $530M in 2023.

In 2023, Portugal did not export any services to Algeria.

Algeria-Portugal Trade: In 2023, Algeria exported $1.01B to Portugal. The main products that Algeria exported to Portugal were Crude Petroleum ($890M), Ammonia ($46.1M), and Nitrogenous Fertilizers ($38.1M). Over the past 5 years the exports of Algeria to Portugal have increased at an annualized rate of 2.95%,  from $581M in 2018 to $1.01B in 2023.

In 2023, Algeria did not export any services to Portugal.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €37.9M and imported €76.4M from Algeria, resulting in a negative trade balance of €38.5M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-4.11M (-9.8%) from €42M to €37.9M, while imports decreased by €-19.6M (-20.5%) from €96M to €76.4M.

Trade In November 2024, the top exports of Portugal to Algeria were Animal or vegetable fats, oils, &... (€8.86M), Paints, dyes, & varnishes (€8.53M), Machinery, mechanical appliances, & parts (€3.44M), Wood pulp & paper scrap (€1.79M), and Plastics & articles thereof (€1.56M). In November 2024 the top imports of Portugal from Algeria were Fertilizers (€3.73M), Inorganic chemicals (€3.33M), Cork & cork articles (€825k), Raw hides & skin (non-fur) (€175k), and Chemical products n.e.s. (€98.5k).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Algeria was explained primarily by an decrease in product exports in Paper articles (€-643k or -36.8%), Plastics & articles thereof (€-478k or -23.4%), and Oils seeds, oleaginous fruits, grains, straw... (€-294k or -100%). In November 2024, the decrease in Portugal's year-by-year imports  from Algeria was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... (€-48.8M or -100%), Inorganic chemicals (€-5.59M or -62.7%), and Electrical machinery and electronics (€-381k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-4.11M(-9.8%)
IMPORT GROWTH (November 2023 - November 2024)€-19.6M(-20.5%)

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 Algeria and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Algeria and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $530M to Algeria. The main products exported from Portugal to Algeria were Prepared Pigments ($63.3M), Uncoated Paper ($58.8M), and Soybean Oil ($49.2M). During the last 5 years the exports of Portugal to Algeria have increased at an annualized rate of 7.98%, from $361M in 2018 to $530M in 2023.

In 2018, Algeria exported $1.01B to Portugal. The main products exported from Algeria to Portugal were Crude Petroleum ($890M), Ammonia ($46.1M), and Nitrogenous Fertilizers ($38.1M). During the last 5 years the exports of Algeria to Portugal have increased at an annualized rate of 2.95%, from $581M in 2023 to $1.01B in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Algeria
Top DestinationItaly$15.2B

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

In 2023, countries that imported more from Portugal than Algeria included Spain ($17.7B), Germany ($8.12B), and United States ($6.41B).

In 2023, countries that imported more from Algeria than Portugal included Italy ($15.2B), Tunisia ($1.81B), and Brazil ($1.92B).

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

Comparative Advantage Portugal - Algeria

Flow
Scale

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

During 2023, Portugal had a large net trade with Algeria in the exports of Chemical Products ($111M), Paper Goods ($99M), and Machines ($87.8M).

During 2018, Algeria had a large net trade with Portugal in the exports of Mineral Products ($899M), Chemical Products ($84.2M), and Wood Products ($6.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Algeria+$3.77MRubber Tires
Top Product Potential Algeria Portugal+$67.6MPetroleum Gas

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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Economic Complexity

Competitive Landscape

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

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

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