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Pricing

2022
Flag → Flag
Exports $4.68MRnk 141 / 208
2022
Flag → Flag
Top Product $1.09MPackaged Medicaments
2022
Flag → Flag
Exports $8.4MRnk 42 / 158
2022
Flag → Flag
Top Product $3.89MFlax Yarn
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Portugal-Ethiopia Trade: In 2022, Portugal exported $4.68M to Ethiopia. The main products that Portugal exported to Ethiopia were Packaged Medicaments ($1.09M), Water and Gas Generators ($435k), and Industrial Printers ($419k). Over the past 5 years the exports of Portugal to Ethiopia have decreased at an annualized rate of 24.2%, from $18.7M in 2017 to $4.68M in 2022.

In 2022, Portugal did not export any services to Ethiopia.

Ethiopia-Portugal Trade: In 2022, Ethiopia exported $8.4M to Portugal. The main products that Ethiopia exported to Portugal were Flax Yarn ($3.89M), Dried Legumes ($2.51M), and Coffee ($1.33M). Over the past 5 years the exports of Ethiopia to Portugal have increased at an annualized rate of 0.41%,  from $8.1M in 2017 to $8.4M in 2022.

In 2022, Ethiopia did not export any services to Portugal.

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €16.9k and imported €1.25M from Ethiopia, resulting in a negative trade balance of €1.23M. Between June 2023 and June 2024 the exports of Portugal have increased by €3.28k (24.2%) from €13.6k to €16.9k, while imports increased by €427k (52%) from €820k to €1.25M.

Trade In June 2024, the top exports of Portugal to Ethiopia were Live trees, plants, bulbs, cut flowers,... (€533), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In June 2024 the top imports of Portugal from Ethiopia were Edible vegetables, roots, & tubers (€208k), Coffee, tea, mate & spices (€190k), Machinery, mechanical appliances, & parts (€709), Non-knitted clothing accesories (€91), and Knitted clothing accesories (€66).

Growth In June 2024, the increase in Portugal's year-by-year exports to Ethiopia was explained primarily by an increase in product exports in . In June 2024, the increase in Portugal's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in Edible vegetables, roots, & tubers (€2.02k or 0.98%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€3.28k(24.2%)
IMPORT GROWTH (June 2023 - June 2024)€427k(52%)

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 Ethiopia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $4.68M to Ethiopia. The main products exported from Portugal to Ethiopia were Packaged Medicaments ($1.09M), Water and Gas Generators ($435k), and Industrial Printers ($419k). During the last 5 years the exports of Portugal to Ethiopia have decreased at an annualized rate of 24.2%, from $18.7M in 2017 to $4.68M in 2022.

In 2017, Ethiopia exported $8.4M to Portugal. The main products exported from Ethiopia to Portugal were Flax Yarn ($3.89M), Dried Legumes ($2.51M), and Coffee ($1.33M). During the last 5 years the exports of Ethiopia to Portugal have increased at an annualized rate of 0.41%, from $8.1M in 2022 to $8.4M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Portugal included United Arab Emirates ($723M), Somalia ($265M), and Djibouti ($86.8M).

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

Comparative Advantage Portugal - Ethiopia

Flow
Scale

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

During 2022, Portugal had a large net trade with Ethiopia in the exports of Chemical Products ($1.66M), Machines ($1.34M), and Paper Goods ($772k).

During 2017, Ethiopia had a large net trade with Portugal in the exports of Vegetable Products ($3.98M), Textiles ($3.94M), and Animal and Vegetable Bi-Products ($481k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Ethiopia+$1.51MPackaged Medicaments
Top Product Potential Ethiopia Portugal+$2.99MCoffee

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 Ethiopia. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Portugal.

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

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