Portugal-Algeria Bilateral Trade Analysis 2023
Complete trade statistics: $1.54B total volume •Portugal deficit: $479.57M
Portugal → Algeria
$530.41M
Exports (2023)
Algeria → Portugal
$1.01B
Imports (2023)
Trade Balance
$479.57M
Deficit for Portugal
Total Trade
$1.54B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Portugal and Algeria. Green line shows exports from Portugal, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Portugal-Algeria commercial relationship and competitive positioning in global markets.
Portugal → Algeria Exports
Export Market Intelligence
🎯 Strategic Export Focus
Portugal's export portfolio to Algeria demonstrates strategic specialization, with vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified representing a key competitive advantage in this bilateral market.
Algeria → Portugal Imports
Import Dependency Profile
📦 Import Strategy Analysis
Portugal's import pattern from Algeria reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Portugal demonstrates competitive strength in exportingvegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified to Algeria, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.54B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Portugal-Algeria Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.54 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Portugal maintains a deficit of $479.57 million
- Export Focus: Portugal's primary exports include vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, machinery, plant and laboratory equipment: parts of equipment for treating materials by a process involving a change of temperature, enamels and glazes: vitrifiable enamels and glazes, engobes (slips) and similar preparations
- Import Dependencies: Key imports from Algeria include oils: petroleum oils and oils obtained from bituminous minerals, crude, ammonia: anhydrous, fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.54B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Portugal leveraging its comparative advantages in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Portugal's specialization in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modifiedcomplements Algeria's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.54B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.54B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.54 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Portugal's trade deficit of $479.57 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Portugal and Algeria represents a total trade volume of $1.54 billion in 2023. This partnership demonstrates an unfavorable trade balance for Portugal, with imports exceeding exportsby $479.57 million.
Export Strengths
Portugal's exports to Algeria total $530.41 million, with competitive advantages in vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified, representing $49.24M or9.3% of bilateral exports.
Import Dependencies
Imports from Algeria amount to $1.01 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising88.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Portugal's strategic sourcing from Algeria. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Portugal and Algeria in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023