2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186

About

Portugal-Qatar Trade: In 2022, Portugal exported $93.8M to Qatar. The main products that Portugal exported to Qatar were Refined Petroleum ($27M), Horses ($5.82M), and Building Stone ($5.11M). Over the past 5 years the exports of Portugal to Qatar have increased at an annualized rate of 10.9%, from $56M in 2017 to $93.8M in 2022.

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

Qatar-Portugal Trade: In 2022, Qatar exported $75.5M to Portugal. The main products that Qatar exported to Portugal were Ethylene Polymers ($48.1M), Petroleum Gas ($18.2M), and Nitrogen Heterocyclic Compounds ($5.35M). Over the past 5 years the exports of Qatar to Portugal have decreased at an annualized rate of 15.4%,  from $174M in 2017 to $75.5M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $93.8M to Qatar. The main products exported from Portugal to Qatar were Refined Petroleum ($27M), Horses ($5.82M), and Building Stone ($5.11M). During the last 5 years the exports of Portugal to Qatar have increased at an annualized rate of 10.9%, from $56M in 2017 to $93.8M in 2022.

In 2017, Qatar exported $75.5M to Portugal. The main products exported from Qatar to Portugal were Ethylene Polymers ($48.1M), Petroleum Gas ($18.2M), and Nitrogen Heterocyclic Compounds ($5.35M). During the last 5 years the exports of Qatar to Portugal have decreased at an annualized rate of 15.4%, from $174M in 2022 to $75.5M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Qatar
Top Destination
China$21.1B

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

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

In 2022, countries that imported more from Qatar than Portugal included China ($21.1B), India ($17.4B), and Japan ($12B).

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

Comparative Advantage Portugal - Qatar

Flow
Scale

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

During 2022, Portugal had a large net trade with Qatar in the exports of Mineral Products ($27.7M), Stone And Glass ($10.9M), and Transportation ($8.91M).

During 2017, Qatar had a large net trade with Portugal in the exports of Plastics and Rubbers ($49.1M), Mineral Products ($18.2M), and Chemical Products ($7.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Qatar+$5.93MCars
Top Product Potential Qatar Portugal+$29.8MPetroleum Gas

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

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

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