Cars in Portugal

EXPORTS (2018): $4.33B, World Rnk 29 / 209
Flag Rnk 1 / 1191

TOP DESTINATION (2018): $1.15B, Germany

FASTEST GROWING MARKET (2017 - 2018): $560M, Germany

IMPORTS (2018): $5.47B, World Rnk 24 / 220
Flag Rnk 2 / 1202

TOP ORIGIN (2018): $1.53B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $259M, Spain

ECONOMIC COMPLEXITY of Portugal (2018): 0.46, Rnk 48 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Overview: This page contains the latest trade data of Cars in Portugal.

Exports: In 2018, Portugal exported $4.33B in Cars, making it the 29th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Portugal. The main destination of Cars exports from Portugal are: Germany ($1.15B), France ($509M), United Kingdom ($475M), Italy ($360M), and Spain ($359M).

The fastest growing export markets for Cars of Portugal between 2017 and 2018 were Germany ($560M), France ($308M), and Italy ($296M).

Imports: In 2018, Portugal imported $5.47B in Cars, becoming the 24th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Portugal. Portugal imports Cars primarily from: Germany ($1.53B), Spain ($1.26B), France ($959M), Belgium-Luxembourg ($295M), and Turkey ($214M).

The fastest growing import markets in Cars for Portugal between 2017 and 2018 were Spain ($259M), Turkey ($102M), and France ($70.8M).

Tariffs: In 2017, the average tariff for Portugal in Cars was 3.23%. The countries with the highest import tariffs for Cars were Western Sahara (9.82%), Gabon (9.82%), Libya (9.82%), Mayotte (9.82%), and Reunion (9.82%).

Value

EXPORTS (2018): $4.33B

IMPORTS (2018): $5.47B

NET TRADE (2018): -$1.13B

In 2018, Portugal exported $4.33B in Cars. The main destinations of Portugal exports on Cars were Germany ($1.15B), France ($509M), United Kingdom ($475M), Italy ($360M), and Spain ($359M).

In 2018, Portugal imported $5.47B in Cars, mainly from Germany ($1.53B), Spain ($1.26B), France ($959M), Belgium-Luxembourg ($295M), and Turkey ($214M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Cars WITH:

  • United Kingdom, $290M ($475M - $185M)
  • Austria, $228M ($244M - $16.3M)
  • Italy, $198M ($360M - $162M)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Spain, -$900M ($359M - $1.26B)
  • France, -$450M ($509M - $959M)
  • Germany, -$378M ($1.15B - $1.53B)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Portugal WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Portugal WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Portugal's main exporting competitors in Cars were:

In 2018, Portugal's main importing competitors in Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in Portugal. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Portugal in Cars was 3.23%.

The countries with the highest tariffs for Cars in Portugal were Western Sahara (9.82%), Gabon (9.82%), Libya (9.82%), Mayotte (9.82%), and Reunion (9.82%).

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