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2022
Flag → Flag
Exports $31.3MRnk 83 / 208
2022
Flag → Flag
Top Product $3.05MRecovered Paper
2022
Flag → Flag
Exports $181MRnk 77 / 216
2022
Flag → Flag
Top Product $35.4MFootwear Parts
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Portugal-Indonesia Trade: In 2022, Portugal exported $31.3M to Indonesia. The main products that Portugal exported to Indonesia were Recovered Paper ($3.05M), Knitting Machine Accessories ($1.76M), and Lifting Machinery ($1.45M). Over the past 5 years the exports of Portugal to Indonesia have decreased at an annualized rate of 3.06%, from $36.6M in 2017 to $31.3M in 2022.

In 2003, Portugal exported services to Indonesia worth $1.35M, with Services not allocated ($1.35M) being the largest in terms of value.

Indonesia-Portugal Trade: In 2022, Indonesia exported $181M to Portugal. The main products that Indonesia exported to Portugal were Footwear Parts ($35.4M), Sodium or Potassium Peroxides ($13.7M), and Rubber ($12.3M). Over the past 5 years the exports of Indonesia to Portugal have decreased at an annualized rate of 0.087%,  from $182M in 2017 to $181M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €628k and imported €8.49M from Indonesia, resulting in a negative trade balance of €7.87M. Between August 2023 and August 2024 the exports of Portugal have decreased by €-1.4M (-69%) from €2.02M to €628k, while imports decreased by €-2.62M (-23.6%) from €11.1M to €8.49M.

Trade In August 2024, the top exports of Portugal to Indonesia were Machinery, mechanical appliances, & parts (€499k), Wood pulp & paper scrap (€496k), Beverages, spirits, & vinegar (€251k), Footwear (€167k), and Wood, wood articles, & charcoal (€107k). In August 2024 the top imports of Portugal from Indonesia were Footwear (€3.33M), Food residues & wastes; animal fodder (€1.63M), Rubber & articles thereof (€1.59M), Fish, crustaceans, & molluscs (€978k), and Preparations of fish, crustacenas, & molluscs (€649k).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Indonesia was explained primarily by an decrease in product exports in Food residues & wastes; animal fodder (€-81.7k or -100%), Stone, plaster, cement, asbestos, mica. (€-66.2k or -61.5%), and Rubber & articles thereof (€-53.6k or -100%). In August 2024, the decrease in Portugal's year-by-year imports  from Indonesia was explained primarily by an decrease in product imports  in Man-made staple fibres (€-616k or -51%), Chemical products n.e.s. (€-318k or -85.7%), and Cotton (€-256k or -83.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-1.4M(-69%)
IMPORT GROWTH (August 2023 - August 2024)€-2.62M(-23.6%)

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 Indonesia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Indonesia and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $31.3M to Indonesia. The main products exported from Portugal to Indonesia were Recovered Paper ($3.05M), Knitting Machine Accessories ($1.76M), and Lifting Machinery ($1.45M). During the last 5 years the exports of Portugal to Indonesia have decreased at an annualized rate of 3.06%, from $36.6M in 2017 to $31.3M in 2022.

In 2017, Indonesia exported $181M to Portugal. The main products exported from Indonesia to Portugal were Footwear Parts ($35.4M), Sodium or Potassium Peroxides ($13.7M), and Rubber ($12.3M). During the last 5 years the exports of Indonesia to Portugal have decreased at an annualized rate of 0.087%, from $182M in 2022 to $181M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Indonesia
Top DestinationChina$67.7B

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

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

In 2022, countries that imported more from Indonesia than Portugal included China ($67.7B), Japan ($26.6B), and United States ($31.6B).

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

Comparative Advantage Portugal - Indonesia

Flow
Scale

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

During 2022, Portugal had a large net trade with Indonesia in the exports of Machines ($11.1M), Textiles ($5.24M), and Paper Goods ($3.08M).

During 2017, Indonesia had a large net trade with Portugal in the exports of Chemical Products ($39.2M), Footwear and Headwear ($35.6M), and Textiles ($28.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Indonesia+$2.91MCentrifuges
Top Product Potential Indonesia Portugal+$5.56MHot-Rolled Iron

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

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

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