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2023
Flag → Flag
Exports $11.8MRnk 121 / 211
2023
Flag → Flag
Top Product $3.72MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $7.48MRnk 55 / 132
2023
Flag → Flag
Top Product $2.83MEthylene Polymers
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$2,850CURRENT US$
Rnk 144 / 196
2013-2023
Flag
GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

Portugal-Uzbekistan Trade: In 2023, Portugal exported $11.8M to Uzbekistan. The main products that Portugal exported to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($3.72M), Buses ($1.52M), and Industrial Printers ($1.33M). Over the past 5 years the exports of Portugal to Uzbekistan have increased at an annualized rate of 13.3%, from $6.35M in 2018 to $11.8M in 2023.

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

Uzbekistan-Portugal Trade: In 2023, Uzbekistan exported $7.48M to Portugal. The main products that Uzbekistan exported to Portugal were Ethylene Polymers ($2.83M), Non-Retail Pure Cotton Yarn ($2.17M), and Sulfates ($769k). Over the past 5 years the exports of Uzbekistan to Portugal have increased at an annualized rate of 6.51%,  from $3.29M in 2018 to $7.48M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €661k and imported €1.84M from Uzbekistan, resulting in a negative trade balance of €1.17M. Between November 2023 and November 2024 the exports of Portugal have decreased by €-1.01M (-60.5%) from €1.67M to €661k, while imports increased by €1.22M (198%) from €616k to €1.84M.

Trade In November 2024, the top exports of Portugal to Uzbekistan were Machinery, mechanical appliances, & parts (€544k), Cars, tractors, trucks & parts thereof. (€232k), Cork & cork articles (€112k), Stone, plaster, cement, asbestos, mica. (€14.5k), and Knitted clothing accesories (€858). In November 2024 the top imports of Portugal from Uzbekistan were Plastics & articles thereof (€407k), Cotton (€120k), Knitted clothing accesories (€211), Footwear (€111), and Stone, plaster, cement, asbestos, mica. (€107).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Uzbekistan was explained primarily by an decrease in product exports in Perfumery & cosmetics (€-758 or -59.2%), Precious stones, metals, & pearls (€-554 or -100%), and Soap, cleaners, candles, dental, modelling pastes (€-31 or -29.2%). In November 2024, the increase in Portugal's year-by-year imports  from Uzbekistan was explained primarily by an increase in product imports  in Plastics & articles thereof (€93.4k or 29.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-1.01M(-60.5%)
IMPORT GROWTH (November 2023 - November 2024)€1.22M(198%)

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 Uzbekistan and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uzbekistan and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $11.8M to Uzbekistan. The main products exported from Portugal to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($3.72M), Buses ($1.52M), and Industrial Printers ($1.33M). During the last 5 years the exports of Portugal to Uzbekistan have increased at an annualized rate of 13.3%, from $6.35M in 2018 to $11.8M in 2023.

In 2018, Uzbekistan exported $7.48M to Portugal. The main products exported from Uzbekistan to Portugal were Ethylene Polymers ($2.83M), Non-Retail Pure Cotton Yarn ($2.17M), and Sulfates ($769k). During the last 5 years the exports of Uzbekistan to Portugal have increased at an annualized rate of 6.51%, from $3.29M in 2023 to $7.48M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from Portugal than Uzbekistan included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Uzbekistan than Portugal included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

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

Comparative Advantage Portugal - Uzbekistan

Flow
Scale

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

During 2023, Portugal had a large net trade with Uzbekistan in the exports of Transportation ($5.62M), Machines ($3.38M), and Chemical Products ($732k).

During 2018, Uzbekistan had a large net trade with Portugal in the exports of Textiles ($3.07M), Plastics and Rubbers ($2.83M), and Chemical Products ($770k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Uzbekistan+$3.38MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Uzbekistan Portugal+$3.34MNon-Retail Pure Cotton Yarn

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

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

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