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Pricing

2022
Flag → Flag
Exports $6.6MRnk 128 / 208
2022
Flag → Flag
Top Product $1.96MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $6.09MRnk 53 / 139
2022
Flag → Flag
Top Product $3.22MNon-Retail Pure Cotton Yarn
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 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$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

Portugal-Uzbekistan Trade: In 2022, Portugal exported $6.6M to Uzbekistan. The main products that Portugal exported to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($1.96M), Amino-resins ($1.48M), and Electric Batteries ($399k). Over the past 5 years the exports of Portugal to Uzbekistan have decreased at an annualized rate of 3.64%, from $7.95M in 2017 to $6.6M in 2022.

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

Uzbekistan-Portugal Trade: In 2022, Uzbekistan exported $6.09M to Portugal. The main products that Uzbekistan exported to Portugal were Non-Retail Pure Cotton Yarn ($3.22M), Ethylene Polymers ($1.36M), and Tanned Equine and Bovine Hides ($741k). Over the past 5 years the exports of Uzbekistan to Portugal have increased at an annualized rate of 2.71%,  from $5.33M in 2017 to $6.09M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €389k and imported €3.03M from Uzbekistan, resulting in a negative trade balance of €2.64M. Between June 2023 and June 2024 the exports of Portugal have decreased by €-355k (-47.7%) from €744k to €389k, while imports increased by €2.08M (218%) from €951k to €3.03M.

Trade In June 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 June 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 June 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 June 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 (June 2023 - June 2024)€-355k(-47.7%)
IMPORT GROWTH (June 2023 - June 2024)€2.08M(218%)

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 2022, Portugal exported $6.6M to Uzbekistan. The main products exported from Portugal to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($1.96M), Amino-resins ($1.48M), and Electric Batteries ($399k). During the last 5 years the exports of Portugal to Uzbekistan have decreased at an annualized rate of 3.64%, from $7.95M in 2017 to $6.6M in 2022.

In 2017, Uzbekistan exported $6.09M to Portugal. The main products exported from Uzbekistan to Portugal were Non-Retail Pure Cotton Yarn ($3.22M), Ethylene Polymers ($1.36M), and Tanned Equine and Bovine Hides ($741k). During the last 5 years the exports of Uzbekistan to Portugal have increased at an annualized rate of 2.71%, from $5.33M in 2022 to $6.09M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Uzbekistan
Top DestinationSwitzerland$4.29B

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

In 2022, countries that imported more from Uzbekistan than Portugal included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

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

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 2022, Portugal had a large net trade with Uzbekistan in the exports of Transportation ($2.03M), Plastics and Rubbers ($1.75M), and Machines ($1.62M).

During 2017, Uzbekistan had a large net trade with Portugal in the exports of Textiles ($3.96M), Plastics and Rubbers ($1.36M), and Animal Hides ($741k).

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) (2022)

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