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Pricing

2022
Flag → Flag
Exports $19.9MRnk 94 / 208
2022
Flag → Flag
Top Product $2.5MPackaged Medicaments
2022
Flag → Flag
Exports $141kRnk 116 / 146
2022
Flag → Flag
Top Product $33.7kPlywood
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH6.07%CURRENT US$
Rnk 150 / 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$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

Portugal-Kazakhstan Trade: In 2022, Portugal exported $19.9M to Kazakhstan. The main products that Portugal exported to Kazakhstan were Packaged Medicaments ($2.5M), Tool Plates ($1.93M), and Valves ($1.16M). Over the past 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 4.67%, from $15.8M in 2017 to $19.9M in 2022.

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

Kazakhstan-Portugal Trade: In 2022, Kazakhstan exported $141k to Portugal. The main products that Kazakhstan exported to Portugal were Plywood ($33.7k), Cars ($30k), and Other Electrical Machinery ($8.85k). Over the past 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 81.1%,  from $584M in 2017 to $141k in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €1.36M and imported €186k from Kazakhstan, resulting in a positive trade balance of €1.17M. Between August 2023 and August 2024 the exports of Portugal have increased by €626k (85.6%) from €732k to €1.36M, while imports decreased by €-3.4M (-94.8%) from €3.59M to €186k.

Trade In August 2024, the top exports of Portugal to Kazakhstan were Tools & cutlery (€337k), Electrical machinery and electronics (€267k), Plastics & articles thereof (€111k), Furniture, bedding, lamps, & prefab buildings (€106k), and Coated, covered, & laminated fabrics for... (€40k). In August 2024 the top imports of Portugal from Kazakhstan were Cars, tractors, trucks & parts thereof. (€28.2k), Optical, photo, & film equipment; medical... (€8.6k), Non-knitted clothing accesories (€2.67k), Leather articles (€1.58k), and Footwear (€1.04k).

Growth In August 2024, the increase in Portugal's year-by-year exports to Kazakhstan was explained primarily by an increase in product exports in Electrical machinery and electronics (€216k or 422%), Plastics & articles thereof (€110k or 8.4k%), and Furniture, bedding, lamps, & prefab buildings (€89.6k or 535%). In August 2024, the decrease in Portugal's year-by-year imports  from Kazakhstan was explained primarily by an decrease in product imports  in Machinery, mechanical appliances, & parts (€-4.1k or -92.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€626k(85.6%)
IMPORT GROWTH (August 2023 - August 2024)€-3.4M(-94.8%)

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 Kazakhstan and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kazakhstan and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $19.9M to Kazakhstan. The main products exported from Portugal to Kazakhstan were Packaged Medicaments ($2.5M), Tool Plates ($1.93M), and Valves ($1.16M). During the last 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 4.67%, from $15.8M in 2017 to $19.9M in 2022.

In 2017, Kazakhstan exported $141k to Portugal. The main products exported from Kazakhstan to Portugal were Plywood ($33.7k), Cars ($30k), and Other Electrical Machinery ($8.85k). During the last 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 81.1%, from $584M in 2022 to $141k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Kazakhstan
Top DestinationChina$13.4B

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

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

In 2022, countries that imported more from Kazakhstan than Portugal included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Portugal - Kazakhstan

Flow
Scale

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

During 2022, Portugal had a large net trade with Kazakhstan in the exports of Machines ($5.14M), Chemical Products ($2.92M), and Textiles ($2.88M).

During 2017, Kazakhstan had a large net trade with Portugal in the exports of Wood Products ($35.2k), Transportation ($32.2k), and Machines ($19.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Kazakhstan+$3.32MPackaged Medicaments
Top Product Potential Kazakhstan Portugal+$233kCars

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

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

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