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2022
Flag → Flag
Exports $142MRnk 50 / 208
2022
Flag → Flag
Top Product $12.7MCars
2022
Flag → Flag
Exports $139MRnk 24 / 196
2022
Flag → Flag
Top Product $19.7MMilitary Weapons
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
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GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
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GDP PC$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186

About

Portugal-Luxembourg Trade: In 2022, Portugal exported $142M to Luxembourg. The main products that Portugal exported to Luxembourg were Cars ($12.7M), Wine ($12.3M), and Beer ($4.97M). Over the past 5 years the exports of Portugal to Luxembourg have increased at an annualized rate of 2.48%, from $126M in 2017 to $142M in 2022.

In 2020, Portugal exported services to Luxembourg worth $355M, with Travel ($179M), Other business services ($74.2M), and Royalties and license fees ($36.6M) being the largest in terms of value.

Luxembourg-Portugal Trade: In 2022, Luxembourg exported $139M to Portugal. The main products that Luxembourg exported to Portugal were Military Weapons ($19.7M), Iron Blocks ($9.94M), and Raw Zinc ($7.77M). Over the past 5 years the exports of Luxembourg to Portugal have increased at an annualized rate of 3.66%,  from $116M in 2017 to $139M in 2022.

In 2020, Luxembourg exported services to Portugal worth $83.4M, with Other business services ($62.8M), Travel ($12.6M), and Transportation ($8M) being the largest in terms of value.

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €7.51M and imported €5.93M from Luxembourg, resulting in a positive trade balance of €1.59M. Between August 2023 and August 2024 the exports of Portugal have decreased by €-321k (-4.1%) from €7.84M to €7.51M, while imports decreased by €-267k (-4.31%) from €6.19M to €5.93M.

Trade In August 2024, the top exports of Portugal to Luxembourg were Beverages, spirits, & vinegar (€1.3M), Tin articles (€1.28M), Stone, plaster, cement, asbestos, mica. (€800k), Furniture, bedding, lamps, & prefab buildings (€595k), and Preparations of fish, crustacenas, & molluscs (€512k). In August 2024 the top imports of Portugal from Luxembourg were Machinery, mechanical appliances, & parts (€4.46M), Iron or steel articles (€1.25M), Iron & steel (€705k), Plastics & articles thereof (€435k), and Paints, dyes, & varnishes (€328k).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Luxembourg was explained primarily by an decrease in product exports in Plastics & articles thereof (€-733k or -85.8%), Cars, tractors, trucks & parts thereof. (€-351k or -47.2%), and Knitted clothing accesories (€-223k or -74.9%). In August 2024, the decrease in Portugal's year-by-year imports  from Luxembourg was explained primarily by an decrease in product imports  in Inorganic chemicals (€-550k or -84.7%), Zinc articles (€-535k or -100%), and Tobacco & substitutes (€-420k or -58.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-321k(-4.1%)
IMPORT GROWTH (August 2023 - August 2024)€-267k(-4.31%)

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 Luxembourg and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Luxembourg and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $142M to Luxembourg. The main products exported from Portugal to Luxembourg were Cars ($12.7M), Wine ($12.3M), and Beer ($4.97M). During the last 5 years the exports of Portugal to Luxembourg have increased at an annualized rate of 2.48%, from $126M in 2017 to $142M in 2022.

In 2017, Luxembourg exported $139M to Portugal. The main products exported from Luxembourg to Portugal were Military Weapons ($19.7M), Iron Blocks ($9.94M), and Raw Zinc ($7.77M). During the last 5 years the exports of Luxembourg to Portugal have increased at an annualized rate of 3.66%, from $116M in 2022 to $139M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Luxembourg
Top DestinationGermany$4.15B

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

In 2022, countries that imported more from Portugal than Luxembourg included Spain ($20.5B), France ($9.49B), and United States ($5.66B).

In 2022, countries that imported more from Luxembourg than Portugal included Hong Kong ($628M), Oman ($263M), and Belgium ($2.09B).

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

Comparative Advantage Portugal - Luxembourg

Flow
Scale

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

During 2022, Portugal had a large net trade with Luxembourg in the exports of Foodstuffs ($35M), Transportation ($14.4M), and Machines ($14M).

During 2017, Luxembourg had a large net trade with Portugal in the exports of Metals ($38.6M), Machines ($29.5M), and Weapons ($19.7M).

Bilateral Service Trade

In 2020, Portugal exported services to Luxembourg worth $355M, with Travel ($179M), Other business services ($74.2M), and Royalties and license fees ($36.6M) being the largest in terms of value.

In 2020, Luxembourg exported services to Portugal worth $83.4M, with Other business services ($62.8M), Travel ($12.6M), and Transportation ($8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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