2022
Flag  
GDP
$60.3MCURRENT US$
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2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
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2022
Flag
 GDP
$252BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
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2022
Flag
GDP PC 
$5,335CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
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2022
Flag
GDP PC
$24,275CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
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About

Tuvalu-Portugal Trade: In 2022, Tuvalu exported $60 to Portugal. The main products that Tuvalu exported to Portugal were Wood Ornaments ($60). Over the past 24 years the exports of Tuvalu to Portugal have decreased at an annualized rate of 21.9%, from $22.5k in 1998 to $60 in 2022.

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

Portugal-Tuvalu Trade: In 2022, Portugal exported $296 to Tuvalu. The main products that Portugal exported to Tuvalu were N/A. Over the past 24 years the exports of Portugal to Tuvalu have increased at an annualized rate of 48.5%,  from $41 in 1998 to $296 in 2022.

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

Comparison In 2022,  Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index. That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tuvalu exported $60 to Portugal. The main products exported from Tuvalu to Portugal were Wood Ornaments ($60). During the last 24 years the exports of Tuvalu to Portugal have decreased at an annualized rate of 21.9%, from $22.5k in 1998 to $60 in 2022.

In 2016, Portugal exported $296 to Tuvalu. There were not main exports from Portugal to Tuvalu in 2016. During the last 5 years the exports of Portugal to Tuvalu have increased at an annualized rate of 48.5%, from $41 in 2021 to $296 in 2016.

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

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

Latest Data

Trade between Tuvalu (Flag) and Portugal (Flag)

Portugal Exports

Date

Market Competitiveness

Color
Tuvalu
Top Destination
Thailand$50M
Portugal
Top Destination
Spain$20.5B

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

In 2022, no countries were registered that imported more from Tuvalu than from Portugal.

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

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

Comparative Advantage Tuvalu - Portugal

Flow
Scale

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

During 2022, Tuvalu had a large net trade with Portugal in the exports of Wood Products ($60).

During 2016, Portugal had a large net trade with Tuvalu in the exports of .

Economic Complexity

Competitive Landscape

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

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

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