Ukraine (UKR) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Ukraine-Portugal Trade: In 2023, Ukraine exported $359M to Portugal. The main products that Ukraine exported to Portugal were Corn ($217M), Wheat ($38M), and Sunflower Seeds ($22.2M). Over the past 5 years the exports of Ukraine to Portugal have increased at an annualized rate of 3.73%, from $299M in 2018 to $359M in 2023.

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

Portugal-Ukraine Trade: In 2023, Portugal exported $91M to Ukraine. The main products that Portugal exported to Ukraine were Planes, Helicopters, and/or Spacecraft ($8.07M), Uncoated Paper ($6.89M), and Wine ($5.06M). Over the past 5 years the exports of Portugal to Ukraine have increased at an annualized rate of 7.55%, from $63.2M in 2018 to $91M in 2023.

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

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ukraine exported $359M to Portugal. The main products exported from Ukraine to Portugal were Corn ($217M), Wheat ($38M), and Sunflower Seeds ($22.2M). During the last 5 years the exports of Ukraine to Portugal have increased at an annualized rate of 3.73%, from $299M in 2018 to $359M in 2023.

In 2018, Portugal exported $91M to Ukraine. The main products exported from Portugal to Ukraine were Planes, Helicopters, and/or Spacecraft ($8.07M), Uncoated Paper ($6.89M), and Wine ($5.06M). During the last 5 years the exports of Portugal to Ukraine have increased at an annualized rate of 7.55%, from $63.2M in 2023 to $91M in 2018.

Exports from Ukraine () to Portugal () (2023)

Exports from Portugal () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Portugal ()

Ukraine Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Ukraine than Portugal included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Difference in imports from Portugal () and Ukraine () (2023)

Comparative Advantage Ukraine - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Portugal in the exports of Vegetable Products ($289M), Metals ($27.2M), and Animal and Vegetable Bi-Products ($15.4M).

During 2018, Portugal had a large net trade with Ukraine in the exports of Machines ($20M), Transportation ($13.3M), and Foodstuffs ($13M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Portugal+$10.2MCorn

Top Product Potential Portugal Ukraine+$2.08MUncoated Paper

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Portugal () (2023)

Exports from Portugal () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Portugal ()

Ukraine Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Ukraine () (2023)

Comparative Advantage Ukraine - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Portugal () (2023)

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