2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

United Arab Emirates-Portugal Trade: In 2022, United Arab Emirates exported $53.8M to Portugal. The main products that United Arab Emirates exported to Portugal were Gas Turbines ($12.9M), Ethylene Polymers ($12.2M), and Propylene Polymers ($4.29M). Over the past 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 15.4%, from $26.3M in 2017 to $53.8M in 2022.

In 2022, United Arab Emirates did not export any services to Portugal.

Portugal-United Arab Emirates Trade: In 2022, Portugal exported $188M to United Arab Emirates. The main products that Portugal exported to United Arab Emirates were Other Furniture ($11.5M), Packaged Medicaments ($10.6M), and Cars ($9.43M). Over the past 5 years the exports of Portugal to United Arab Emirates have decreased at an annualized rate of 2.87%,  from $237M in 2017 to $188M in 2022.

In 2022, Portugal did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $53.8M to Portugal. The main products exported from United Arab Emirates to Portugal were Gas Turbines ($12.9M), Ethylene Polymers ($12.2M), and Propylene Polymers ($4.29M). During the last 5 years the exports of United Arab Emirates to Portugal have increased at an annualized rate of 15.4%, from $26.3M in 2017 to $53.8M in 2022.

In 2017, Portugal exported $188M to United Arab Emirates. The main products exported from Portugal to United Arab Emirates were Other Furniture ($11.5M), Packaged Medicaments ($10.6M), and Cars ($9.43M). During the last 5 years the exports of Portugal to United Arab Emirates have decreased at an annualized rate of 2.87%, from $237M in 2022 to $188M in 2017.

Exports from United Arab Emirates (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Portugal (Flag)

United Arab Emirates Exports

Portugal Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from United Arab Emirates than Portugal included India ($51B), Japan ($40.9B), and China ($32.5B).

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

Difference in imports from Portugal (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Portugal

Flow
Scale

This chart compares trade between United Arab Emirates and Portugal by product, considering products traded by both, United Arab Emirates and Portugal.

During 2022, United Arab Emirates had a large net trade with Portugal in the exports of Machines ($17.8M), Plastics and Rubbers ($17.4M), and Textiles ($4.87M).

During 2017, Portugal had a large net trade with United Arab Emirates in the exports of Machines ($33.5M), Textiles ($22.3M), and Miscellaneous ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Portugal+$6.46MEthylene Polymers
Top Product Potential Portugal United Arab Emirates+$17.7MCars

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

Product Space of United Arab Emirates (Flag) and Portugal (Flag) (2022)

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