2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$3,978CURRENT US$
Rnk 131 / 196
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195

About

Portugal-Tunisia Trade: In 2023, Portugal exported $195M to Tunisia. The main products that Portugal exported to Tunisia were Uncoated Paper ($15.9M), Coal Tar Oil ($12.7M), and Sulfate Chemical Woodpulp ($11.4M). Over the past 5 years the exports of Portugal to Tunisia have decreased at an annualized rate of 4.43%, from $244M in 2018 to $195M in 2023.

In 2023, Portugal did not export any services to Tunisia.

Tunisia-Portugal Trade: In 2023, Tunisia exported $72M to Portugal. The main products that Tunisia exported to Portugal were Insulated Wire ($18.9M), Utility Meters ($12M), and Pure Olive Oil ($8M). Over the past 5 years the exports of Tunisia to Portugal have increased at an annualized rate of 7.49%,  from $50.2M in 2018 to $72M in 2023.

In 2023, Tunisia did not export any services to Portugal.

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $195M to Tunisia. The main products exported from Portugal to Tunisia were Uncoated Paper ($15.9M), Coal Tar Oil ($12.7M), and Sulfate Chemical Woodpulp ($11.4M). During the last 5 years the exports of Portugal to Tunisia have decreased at an annualized rate of 4.43%, from $244M in 2018 to $195M in 2023.

In 2018, Tunisia exported $72M to Portugal. The main products exported from Tunisia to Portugal were Insulated Wire ($18.9M), Utility Meters ($12M), and Pure Olive Oil ($8M). During the last 5 years the exports of Tunisia to Portugal have increased at an annualized rate of 7.49%, from $50.2M in 2023 to $72M in 2018.

Exports from Portugal (Flag) to Tunisia (Flag) (2023)

Exports from Tunisia (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Tunisia
Top Destination
France$5.19B

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

In 2023, countries that imported more from Portugal than Tunisia included Spain ($17.7B), United States ($6.41B), and Germany ($8.12B).

In 2023, countries that imported more from Tunisia than Portugal included Libya ($847M), India ($379M), and Indonesia ($127M).

Difference in imports from Tunisia (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Tunisia

Flow
Scale

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

During 2023, Portugal had a large net trade with Tunisia in the exports of Textiles ($50M), Machines ($38.2M), and Paper Goods ($30.1M).

During 2018, Tunisia had a large net trade with Portugal in the exports of Machines ($25.4M), Instruments ($12.2M), and Animal and Vegetable Bi-Products ($8.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Tunisia+$4.09MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Tunisia Portugal+$9.51MInsulated Wire

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

Product Space of Portugal (Flag) and Tunisia (Flag) (2023)

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