Knitted clothing accesories in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $2.71B in Knitted clothing accesories, making it the 20th largest exporter of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 7th most exported product in Portugal. The main destination of Knitted clothing accesories exports from Portugal are: Spain ($655M), France ($420M), Germany ($288M), Italy ($240M), and United Kingdom ($223M).

The fastest growing export markets for Knitted clothing accesories of Portugal between 2021 and 2022 were United Kingdom ($63M), France ($41M), and South Korea ($13.5M).

Imports In 2022, Portugal imported $1.45B in Knitted clothing accesories, becoming the 38th largest importer of Knitted clothing accesories in the world. At the same year, Knitted clothing accesories was the 17th most imported product in Portugal. Portugal imports Knitted clothing accesories primarily from: Spain ($692M), Italy ($134M), France ($127M), China ($89.6M), and Germany ($84.3M).

The fastest growing import markets in Knitted clothing accesories for Portugal between 2021 and 2022 were Spain ($108M), Bangladesh ($27.1M), and China ($23.9M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (715), JP BODEN SERVICES INC (252), and ATHLETA, INC (195) were at the forefront of shipping Knitted clothing accesories from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Knitted clothing accesories exports accounted up to €177M and imports accounted up to €124M, resulting in a positive trade balance of €53.8M. Between January 2023 and January 2024 the exports of Portugal's Knitted clothing accesories have decreased by €-35.8M (-16.8%) from €213M to €177M, while imports decreased by €-1.23M (-0.99%) from €125M to €124M.

Destinations In January 2024, Knitted clothing accesories were exported mostly to France (€36.5M), Spain (€36.4M), Germany (€22.2M), Italy (€17.1M), and United Kingdom (€13.4M), and were imported mostly from Spain (€64M), Italy (€13.5M), France (€11.6M), Germany (€7.95M), and China (€5.01M).

Growth In January 2024, the decrease in Knitted clothing accesories's year-by-year exports was explained primarily by a decrease in exports to Italy (€-5.1M or -22.1%), Spain (€-4.34M or -8.31%), and United Kingdom (€-2.61M or -16.3%). In January 2024, the decrease in Knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from India (€-1.24M or -39.8%), Czechia (€-317k or -79.9%), and Malta (€-250k or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-35.8M(-16.8%)

IMPORT GROWTH (January 2023 - January 2024)€-1.23M(-0.99%)

MAIN DESTINATION (January 2024)France€36.5M

This section shows Knitted clothing accesories's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knitted clothing accesories over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.71B

IMPORTS (2022)$1.45B

NET TRADE (2022)$1.26B

In 2022, Portugal exported $2.71B in Knitted clothing accesories. The main destinations of Portugal exports on Knitted clothing accesories were Spain ($655M), France ($420M), Germany ($288M), Italy ($240M), and United Kingdom ($223M).

In 2022, Portugal imported $1.45B in Knitted clothing accesories, mainly from Spain ($692M), Italy ($134M), France ($127M), China ($89.6M), and Germany ($84.3M).

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