Portugal (PRT) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Portugal-Macau Trade: In 2022, Portugal exported $23.7M to Macau. The main products that Portugal exported to Macau were Wine ($4.3M), Packaged Medicaments ($3.93M), and Hard Liquor ($2.15M). Over the past 5 years the exports of Portugal to Macau have decreased at an annualized rate of 5.88%, from $32M in 2017 to $23.7M in 2022.

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

Macau-Portugal Trade: In 2022, Macau exported $590k to Portugal. The main products that Macau exported to Portugal were Other Furniture ($150k), Hormones ($39.2k), and Antibiotics ($32.1k). Over the past 5 years the exports of Macau to Portugal have increased at an annualized rate of 4.65%, from $410k in 2017 to $590k in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €1.13M and imported €18.5k from Macau, resulting in a positive trade balance of €1.11M. Between August 2023 and August 2024 the exports of Portugal have decreased by €-762k (-40.3%) from €1.89M to €1.13M, while imports increased by €10.4k (127%) from €8.17k to €18.5k.

Trade In August 2024, the top exports of Portugal to Macau were Electrical machinery and electronics (€324k), Pharmaceutical products (€322k), Beverages, spirits, & vinegar (€282k), Meat & edible offal (€129k), and Edible products of animal origin, n.e.s. (€108k). In August 2024 the top imports of Portugal from Macau were Non-knitted clothing accesories (€15.7k), Art & antiques (€8.46k), Optical, photo, & film equipment; medical... (€2.44k), Electrical machinery and electronics (€2.26k), and Books, newspapers, & other prints (€1.33k).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Macau was explained primarily by an decrease in product exports in Beverages, spirits, & vinegar (€-171k or -37.8%), Preparations of fish, crustacenas, & molluscs (€-139k or -79.6%), and Clocks, watches, & parts (€-88k or -100%). In August 2024, the increase in Portugal's year-by-year imports from Macau was explained primarily by an increase in product imports in Non-knitted clothing accesories (€15.3k or 3.82k%) and Knitted clothing accesories (€385 or 122%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-762k(-40.3%)

IMPORT GROWTH (August 2023 - August 2024)€10.4k(127%)

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 Macau and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $23.7M to Macau. The main products exported from Portugal to Macau were Wine ($4.3M), Packaged Medicaments ($3.93M), and Hard Liquor ($2.15M). During the last 5 years the exports of Portugal to Macau have decreased at an annualized rate of 5.88%, from $32M in 2017 to $23.7M in 2022.

In 2017, Macau exported $590k to Portugal. The main products exported from Macau to Portugal were Other Furniture ($150k), Hormones ($39.2k), and Antibiotics ($32.1k). During the last 5 years the exports of Macau to Portugal have increased at an annualized rate of 4.65%, from $410k in 2022 to $590k in 2017.

Exports from Portugal () to Macau () (2022)

Exports from Macau () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Macau
Top DestinationHong Kong$1.22B

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

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

In 2022, countries that imported more from Macau than Portugal included Hong Kong ($1.22B).

Difference in imports from Macau () and Portugal () (2022)

Comparative Advantage Portugal - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Macau in the exports of Foodstuffs ($9.97M), Chemical Products ($4.46M), and Animal Products ($3.09M).

During 2017, Macau had a large net trade with Portugal in the exports of Miscellaneous ($229k), Chemical Products ($83.2k), and Textiles ($68.7k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Macau () (2022)

Exports from Macau () to Portugal () (2022)

Market Competitiveness

Difference in imports from Macau () and Portugal () (2022)

Comparative Advantage Portugal - Macau

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Macau () (2022)

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