New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $194MRnk 42 / 208
2022
Flag → Flag
Top Product $12.8MRecovered Paper
2022
Flag → Flag
Exports $1.2BRnk 56 / 217
2022
Flag → Flag
Top Product $156MNon-Retail Pure Cotton Yarn
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Portugal-India In 2022, Portugal exported $194M to India. The main products that Portugal exported to India are Recovered Paper ($12.8M), Scrap Vessels ($12.7M), and Marble, Travertine and Alabaster ($11.6M). During the last 27 years the exports of Portugal to India have increased at an annualized rate of 7.47%, from $27.7M in 1995 to $194M in 2022.

In 2020, Portugal exported services to India worth $12.6M, with Travel ($12.6M) being the largest in terms of value.

India-Portugal In 2022, India exported $1.2B to Portugal. The main products that India exported to Portugal were Non-Retail Pure Cotton Yarn ($156M), Refined Petroleum ($98.7M), and Coated Flat-Rolled Iron ($94.5M). During the last 27 years the exports of India to Portugal have increased at an annualized rate of 8.37%, from $137M in 1995 to $1.2B in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €10.7M and imported €96.2M from India, resulting in a negative trade balance of €85.5M. Between January 2023 and January 2024 the exports of Portugal have increased by €1.79M (20%) from €8.9M to €10.7M, while imports increased by €14.1M (17.2%) from €82.1M to €96.2M.

Trade In January 2024, the top exports of Portugal to India were Wood pulp & paper scrap (€1.49M), Salt, sulphur, cement, lime, stone, &... (€1.26M), Electrical machinery and electronics (€968k), Aluminum articles (€707k), and Machinery, mechanical appliances, & parts (€569k). In January 2024 the top imports of Portugal from India were Organic chemicals (€17.7M), Cotton (€12.4M), Rubber & articles thereof (€6.07M), Footwear (€4.93M), and Plastics & articles thereof (€4.46M).

Growth In January 2024, the increase in Portugal's year-by-year exports to India was explained primarily by an increase in product exports in Wood pulp & paper scrap (€1.09M or 271%), Salt, sulphur, cement, lime, stone, &... (€924k or 277%), and Paper articles (€216k or 82.8%). In January 2024, the increase in Portugal's year-by-year imports  from India was explained primarily by an increase in product imports  in Organic chemicals (€13.4M or 316%), Rubber & articles thereof (€2.51M or 70.3%), and Non-knitted clothing accesories (€2.25M or 186%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€1.79M(20%)
IMPORT GROWTH (January 2023 - January 2024)€14.1M(17.2%)

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 India and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Portugal Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $194M to India. The main products exported from Portugal to India were Recovered Paper ($12.8M), Scrap Vessels ($12.7M), and Marble, Travertine and Alabaster ($11.6M). During the last 27 years the exports of Portugal to India have increased at an annualized rate of 7.47%, from $27.7M in 1995 to $194M in 2022.

In 2022, India exported $1.2B to Portugal. The main products exported from India to Portugal were Non-Retail Pure Cotton Yarn ($156M), Refined Petroleum ($98.7M), and Coated Flat-Rolled Iron ($94.5M). During the last 27 years the exports of India to Portugal have increased at an annualized rate of 8.37%, from $137M in 1995 to $1.2B in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from Portugal than India were Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

In 2021, countries that imported more from India than Portugal were United States ($82.9B), United Arab Emirates ($31.6B), and China ($15.3B).

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

Comparative Advantage Portugal - India

Flow
Scale

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

During 2022, Portugal had a large net trade with India in the exports of Machines ($38.6M), Metals ($31.7M), and Paper Goods ($24.4M).

During 2022, India had a large net trade with Portugal in the exports of Textiles ($325M), Chemical Products ($196M), and Metals ($175M).

Service Trade

Bilateral Service Trade

In 2020, Portugal exported services to India worth $12.6M, with Travel ($12.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Portugal.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms