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2022
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Exports $8.55MRnk 123 / 208
2022
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Top Product $6.3MAgglomerated Cork
2022
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Exports $4.56MRnk 70 / 125
2022
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Top Product $1.49MKaolin Coated Paper
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
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GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
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GDP GROWTH10.8%CURRENT US$
Rnk 144 / 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$7,905CURRENT US$
Rnk 85 / 186
2012-2022
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GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Portugal-Belarus In 2022, Portugal exported $8.55M to Belarus. The main products that Portugal exported to Belarus are Agglomerated Cork ($6.3M), Wine ($498k), and Natural Cork Articles ($395k). During the last 27 years the exports of Portugal to Belarus have increased at an annualized rate of 17.1%, from $122k in 1995 to $8.55M in 2022.

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

Belarus-Portugal In 2022, Belarus exported $4.56M to Portugal. The main products that Belarus exported to Portugal were Kaolin Coated Paper ($1.49M), Iron Wire ($1.4M), and Molasses ($999k). During the last 27 years the exports of Belarus to Portugal have increased at an annualized rate of 1.95%, from $2.71M in 1995 to $4.56M in 2022.

In 2014, Belarus exported services to Portugal worth $3.23M, with Computer and information services ($3.23M), Royalties and license fees ($1.3k), and Government services, n.i.e. ($400) 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, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Latest Trends

February, 2024

About

Overview In February 2024, Portugal exported €1.14M and imported €3.03k from Belarus, resulting in a positive trade balance of €1.14M. Between February 2023 and February 2024 the exports of Portugal have increased by €307k (36.8%) from €834k to €1.14M, while imports increased by €1.51k (99.3%) from €1.52k to €3.03k.

Trade In February 2024, the top exports of Portugal to Belarus were Cork & cork articles (€1.66M), Beverages, spirits, & vinegar (€23.9k), Preparations of vegetables, fruit, nuts or... (€23.3k), Leather articles (€926), and Precious stones, metals, & pearls (€244). In February 2024 the top imports of Portugal from Belarus were Electrical machinery and electronics (€8.82k), Knitted clothing accesories (€2.64k), Cars, tractors, trucks & parts thereof. (€700), Non-knitted clothing accesories (€436), and Books, newspapers, & other prints (€244).

Growth In February 2024, the increase in Portugal's year-by-year exports to Belarus was explained primarily by an increase in product exports in Cork & cork articles (€1.47M or 757%), Leather articles (€450 or 94.5%), and Knitted clothing accesories (€58 or 95.1%). In February 2024, the increase in Portugal's year-by-year imports  from Belarus was explained primarily by an increase in product imports  in Electrical machinery and electronics (€8.01k or 987%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€307k(36.8%)
IMPORT GROWTH (February 2023 - February 2024)€1.51k(99.3%)

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 Belarus and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $8.55M to Belarus. The main products exported from Portugal to Belarus were Agglomerated Cork ($6.3M), Wine ($498k), and Natural Cork Articles ($395k). During the last 27 years the exports of Portugal to Belarus have increased at an annualized rate of 17.1%, from $122k in 1995 to $8.55M in 2022.

In 2022, Belarus exported $4.56M to Portugal. The main products exported from Belarus to Portugal were Kaolin Coated Paper ($1.49M), Iron Wire ($1.4M), and Molasses ($999k). During the last 27 years the exports of Belarus to Portugal have increased at an annualized rate of 1.95%, from $2.71M in 1995 to $4.56M in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Belarus
Top DestinationChina$1.6B

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

In 2021, countries that imported more from Portugal than Belarus were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Belarus than Portugal were Ukraine ($1.29B), Kazakhstan ($827M), and China ($1.6B).

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

Comparative Advantage Portugal - Belarus

Flow
Scale

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

During 2022, Portugal had a large net trade with Belarus in the exports of Wood Products ($6.69M), Foodstuffs ($996k), and Machines ($326k).

During 2022, Belarus had a large net trade with Portugal in the exports of Paper Goods ($1.49M), Metals ($1.46M), and Foodstuffs ($1M).

Service Trade

Bilateral Service Trade

In 2014, Belarus exported services to Portugal worth $3.23M, with Computer and information services ($3.23M), Royalties and license fees ($1.3k), and Government services, n.i.e. ($400) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus (Flag) to Portugal (Flag) (2014)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Belarus. Similarly, the more yellow a dot/product is, the more Belarus has comparative advantage over Portugal.

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

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