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2023
Flag → Flag
Exports $9.19BRnk 2 / 211
2023
Flag → Flag
Top Product $589MDelivery Trucks
2023
Flag → Flag
Exports $7.92BRnk 15 / 219
2023
Flag → Flag
Top Product $1.11BCars
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
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GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
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 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
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GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
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GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
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GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
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GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
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GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Portugal-France Trade: In 2023, Portugal exported $9.19B to France. The main products that Portugal exported to France were Delivery Trucks ($589M), Cars ($571M), and Motor vehicles; parts and accessories (8701 to 8705) ($496M). Over the past 5 years the exports of Portugal to France have increased at an annualized rate of 2.65%, from $8.06B in 2018 to $9.19B in 2023.

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

France-Portugal Trade: In 2023, France exported $7.92B to Portugal. The main products that France exported to Portugal were Cars ($1.11B), Motor vehicles; parts and accessories (8701 to 8705) ($432M), and Packaged Medicaments ($304M). Over the past 5 years the exports of France to Portugal have increased at an annualized rate of 1.74%,  from $7.26B in 2018 to $7.92B in 2023.

In 2020, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) being the largest in terms of value.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €789M and imported €711M from France, resulting in a positive trade balance of €78.4M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-131M (-14.3%) from €921M to €789M, while imports decreased by €-60.1M (-7.8%) from €771M to €711M.

Trade In November 2024, the top exports of Portugal to France were Cars, tractors, trucks & parts thereof. (€113M), Furniture, bedding, lamps, & prefab buildings (€71.7M), Electrical machinery and electronics (€68.5M), Iron/Steel Articles (€54.2M), and Plastics & articles thereof (€54.2M). In November 2024 the top imports of Portugal from France were Cars, tractors, trucks & parts thereof. (€144M), Machinery, mechanical appliances, & parts (€49.7M), Electrical machinery and electronics (€34.6M), Plastics & articles thereof (€27.9M), and Cereals (€24.9M).

Growth In November 2024, the decrease in Portugal's year-by-year exports to France was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. (€-45.2M or -28.5%), Iron & steel (€-6.51M or -49.5%), and Fertilizers (€-3.05M or -79.5%). In November 2024, the decrease in Portugal's year-by-year imports  from France was explained primarily by an decrease in product imports  in Mineral fuels, mineral oils and products... (€-19.9M or -93.5%), Electrical machinery and electronics (€-8.95M or -20.6%), and Iron & steel (€-3.54M or -18.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-131M(-14.3%)
IMPORT GROWTH (November 2023 - November 2024)€-60.1M(-7.8%)

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 France and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore France and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $9.19B to France. The main products exported from Portugal to France were Delivery Trucks ($589M), Cars ($571M), and Motor vehicles; parts and accessories (8701 to 8705) ($496M). During the last 5 years the exports of Portugal to France have increased at an annualized rate of 2.65%, from $8.06B in 2018 to $9.19B in 2023.

In 2018, France exported $7.92B to Portugal. The main products exported from France to Portugal were Cars ($1.11B), Motor vehicles; parts and accessories (8701 to 8705) ($432M), and Packaged Medicaments ($304M). During the last 5 years the exports of France to Portugal have increased at an annualized rate of 1.74%, from $7.26B in 2023 to $7.92B in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from Portugal than France included Angola ($1.64B), Cape Verde ($536M), and Mozambique ($263M).

In 2023, countries that imported more from France than Portugal included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

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

Comparative Advantage Portugal - France

Flow
Scale

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

During 2023, Portugal had a large net trade with France in the exports of Transportation ($1.99B), Machines ($1.22B), and Metals ($914M).

During 2018, France had a large net trade with Portugal in the exports of Transportation ($2.13B), Machines ($1.18B), and Chemical Products ($870M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal France+$183MCars
Top Product Potential France Portugal+$66.2MPackaged 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.

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Bilateral Service Trade

In 2020, Portugal exported services to France worth $3.29B, with Travel ($1.77B), Other business services ($712M), and Transportation ($477M) being the largest in terms of value.

In 2020, France exported services to Portugal worth $1.47B, with Other business services ($576M), Travel ($444M), and Transportation ($204M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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