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2022
Flag → Flag
Exports $162MRnk 47 / 208
2022
Flag → Flag
Top Product $30MIntegrated Circuits
2022
Flag → Flag
Exports $164MRnk 47 / 198
2022
Flag → Flag
Top Product $48.3MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Portugal-Hong Kong Trade: In 2022, Portugal exported $162M to Hong Kong. The main products that Portugal exported to Hong Kong were Integrated Circuits ($30M), Precious Metal Watches ($16.6M), and Electrical Capacitors ($11.9M). Over the past 5 years the exports of Portugal to Hong Kong have decreased at an annualized rate of 2.74%, from $186M in 2017 to $162M in 2022.

In 2018, Portugal exported services to Hong Kong worth $0, with being the largest in terms of value.

Hong Kong-Portugal Trade: In 2022, Hong Kong exported $164M to Portugal. The main products that Hong Kong exported to Portugal were Broadcasting Equipment ($48.3M), Integrated Circuits ($28.6M), and Printed Circuit Boards ($8.41M). Over the past 5 years the exports of Hong Kong to Portugal have increased at an annualized rate of 11%,  from $87.7M in 2017 to $164M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €8.16M and imported €8.04M from Hong Kong, resulting in a positive trade balance of €116k. Between June 2023 and June 2024 the exports of Portugal have decreased by €-1.81M (-18.2%) from €9.97M to €8.16M, while imports decreased by €-1.87M (-18.8%) from €9.91M to €8.04M.

Trade In June 2024, the top exports of Portugal to Hong Kong were Electrical machinery and electronics (€3.07M), Clocks, watches, & parts (€2.39M), Man-made staple fibres (€711k), Cotton (€642k), and Cork & cork articles (€558k). In June 2024 the top imports of Portugal from Hong Kong were Electrical machinery and electronics (€7.42M), Vegetable textile fibers, paper yarn &... (€733k), Animal or vegetable fats, oils, &... (€637k), Machinery, mechanical appliances, & parts (€318k), and Non-knitted clothing accesories (€316k).

Growth In June 2024, the decrease in Portugal's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Cotton (€-1.52M or -70.3%), Knitted clothing accesories (€-595k or -63.8%), and Clocks, watches, & parts (€-446k or -15.7%). In June 2024, the decrease in Portugal's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Copper articles (€-1.03M or -99.8%), Machinery, mechanical appliances, & parts (€-868k or -73.2%), and Cars, tractors, trucks & parts thereof. (€-581k or -71.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-1.81M(-18.2%)
IMPORT GROWTH (June 2023 - June 2024)€-1.87M(-18.8%)

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 Hong Kong and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $162M to Hong Kong. The main products exported from Portugal to Hong Kong were Integrated Circuits ($30M), Precious Metal Watches ($16.6M), and Electrical Capacitors ($11.9M). During the last 5 years the exports of Portugal to Hong Kong have decreased at an annualized rate of 2.74%, from $186M in 2017 to $162M in 2022.

In 2017, Hong Kong exported $164M to Portugal. The main products exported from Hong Kong to Portugal were Broadcasting Equipment ($48.3M), Integrated Circuits ($28.6M), and Printed Circuit Boards ($8.41M). During the last 5 years the exports of Hong Kong to Portugal have increased at an annualized rate of 11%, from $87.7M in 2022 to $164M in 2017.

Exports from Portugal (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Hong Kong
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Portugal included China ($23.4B), India ($14.3B), and Malaysia ($3.84B).

Difference in imports from Hong Kong (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Hong Kong

Flow
Scale

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

During 2022, Portugal had a large net trade with Hong Kong in the exports of Machines ($61.4M), Textiles ($31.6M), and Instruments ($25.7M).

During 2017, Hong Kong had a large net trade with Portugal in the exports of Machines ($120M), Metals ($8.98M), and Textiles ($6.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Hong Kong+$27.2MIntegrated Circuits
Top Product Potential Hong Kong Portugal+$22.4MTelephones

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

Product Space of Portugal (Flag) and Hong Kong (Flag) (2022)

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