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Pricing

2022
Flag → Flag
Exports $6.11BRnk 70 / 211
2022
Flag → Flag
Top Product $1.03BSemiconductor Devices
2022
Flag → Flag
Exports $879MRnk 17 / 208
2022
Flag → Flag
Top Product $117MScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

China-Portugal Trade: In 2022, China exported $6.11B to Portugal. The main products that China exported to Portugal were Semiconductor Devices ($1.03B), Broadcasting Equipment ($216M), and Bi-Wheel Vehicle Parts ($203M). Over the past 5 years the exports of China to Portugal have increased at an annualized rate of 13.8%, from $3.2B in 2017 to $6.11B in 2022.

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

Portugal-China Trade: In 2022, Portugal exported $879M to China. The main products that Portugal exported to China were Scrap Copper ($117M), Dissolving Grades Chemical Woodpulp ($75.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($50.6M). Over the past 5 years the exports of Portugal to China have decreased at an annualized rate of 3.6%,  from $1.06B in 2017 to $879M in 2022.

In 2020, Portugal exported services to China worth $89.1M, with Travel ($66.2M) and Transportation ($22.8M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Latest Trends

July, 2024

About

Overview In July 2024, China exported $514M and imported $257M from Portugal, resulting in a positive trade balance of $257M. Between July 2023 and July 2024 the exports of China have increased by $49.6M (10.7%) from $465M to $514M, while imports increased by $19.7M (8.31%) from $237M to $257M.

Trade In July 2024, the top exports of China to Portugal were Semiconductor Devices ($45.7M), Bi-Wheel Vehicle Parts ($17.5M), Commodities not elsewhere specified ($13.9M), Refined Petroleum ($13.5M), and Telephones ($12.1M). In July 2024 the top imports of China from Portugal were Motor vehicles; parts and accessories (8701... ($58.7M), Integrated Circuits ($17.6M), Zinc Ore ($14.6M), Navigation Equipment ($11.3M), and Electrical Control Boards ($11.2M).

Origins In July 2024 the exports of China were mainly from Zhejiang Province ($144M), Guangdong Province ($120M), Jiangsu Province ($76.2M), Shandong Province ($47.6M), and Shanghai Province ($22.9M), while imports destinations were mainly Jilin Province ($75.3M), Shanghai Province ($51.4M), Beijing ($26.4M), Guangdong Province ($21.4M), and Liaoning Province ($19M).

Growth In July 2024, the increase in China's year-by-year exports to Portugal was explained primarily by an increase in product exports in Centrifuges ($7.59M or 803%), Coated Flat-Rolled Iron ($7.58M or 636%), and Semiconductor Devices ($7.08M or 18.3%). In July 2024, the increase in China's year-by-year imports  from Portugal was explained primarily by an increase in product imports  in Navigation Equipment ($10.9M or 2.33k%), Dissolving Grades Chemical Woodpulp ($3.18M or 80.9%), and Integrated Circuits ($3.07M or 21.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$49.6M(10.7%)
IMPORT GROWTH (July 2023 - July 2024)$19.7M(8.31%)
MAIN EXPORTER (July 2024)Zhejiang Province$144M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Portugal and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $6.11B to Portugal. The main products exported from China to Portugal were Semiconductor Devices ($1.03B), Broadcasting Equipment ($216M), and Bi-Wheel Vehicle Parts ($203M). During the last 5 years the exports of China to Portugal have increased at an annualized rate of 13.8%, from $3.2B in 2017 to $6.11B in 2022.

In 2017, Portugal exported $879M to China. The main products exported from Portugal to China were Scrap Copper ($117M), Dissolving Grades Chemical Woodpulp ($75.9M), and Motor vehicles; parts and accessories (8701 to 8705) ($50.6M). During the last 5 years the exports of Portugal to China have decreased at an annualized rate of 3.6%, from $1.06B in 2022 to $879M in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from China than Portugal included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Portugal than China included Gibraltar ($561M), Cape Verde ($407M), and Guinea-Bissau ($137M).

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

Comparative Advantage China - Portugal

Flow
Scale

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

During 2022, China had a large net trade with Portugal in the exports of Machines ($2.84B), Textiles ($512M), and Metals ($461M).

During 2017, Portugal had a large net trade with China in the exports of Machines ($226M), Metals ($135M), and Textiles ($81.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Portugal+$174MTelephones
Top Product Potential Portugal China+$114MMotor vehicles; parts and accessories (8701 to 8705)

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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Bilateral Service Trade

In 2020, Portugal exported services to China worth $89.1M, with Travel ($66.2M) and Transportation ($22.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to China (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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