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2022
Flag → Flag
Exports $400kRnk 91 / 127
2022
Flag → Flag
Top Product $152kSpices
2022
Flag → Flag
Exports $2.2MRnk 148 / 208
2022
Flag → Flag
Top Product $472kCutting Blades
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Iran-Portugal Trade: In 2022, Iran exported $400k to Portugal. The main products that Iran exported to Portugal were Spices ($152k), Centrifuges ($57.6k), and Grapes ($52.9k). Over the past 5 years the exports of Iran to Portugal have decreased at an annualized rate of 42.3%, from $6.27M in 2017 to $400k in 2022.

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

Portugal-Iran Trade: In 2022, Portugal exported $2.2M to Iran. The main products that Portugal exported to Iran were Cutting Blades ($472k), Kaolin ($310k), and Beauty Products ($263k). Over the past 5 years the exports of Portugal to Iran have decreased at an annualized rate of 50.2%,  from $72M in 2017 to $2.2M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $400k to Portugal. The main products exported from Iran to Portugal were Spices ($152k), Centrifuges ($57.6k), and Grapes ($52.9k). During the last 15 years the exports of Iran to Portugal have decreased at an annualized rate of 15.8%, from $454k in 2007 to $400k in 2022.

In 2017, Portugal exported $2.2M to Iran. The main products exported from Portugal to Iran were Cutting Blades ($472k), Kaolin ($310k), and Beauty Products ($263k). During the last 5 years the exports of Portugal to Iran have decreased at an annualized rate of 50.2%, from $72M in 2007 to $2.2M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Iran than Portugal included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Portugal

Flow
Scale

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

During 2022, Iran had a large net trade with Portugal in the exports of Vegetable Products ($206k), Machines ($113k), and Textiles ($25.8k).

During 2017, Portugal had a large net trade with Iran in the exports of Machines ($562k), Metals ($477k), and Chemical Products ($371k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Portugal+$174kSpices
Top Product Potential Portugal Iran+$492kPackaged Medicaments

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

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

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