Vehicle Parts in Portugal

EXPORTS (2018): $3.56B, World Rnk 25 / 211
Flag Rnk 2 / 1191

TOP DESTINATION (2018): $1.4B, Spain

FASTEST GROWING MARKET (2017 - 2018): $551M, Spain

IMPORTS (2018): $2.92B, World Rnk 29 / 219
Flag Rnk 3 / 1202

TOP ORIGIN (2018): $1.25B, Spain

FASTEST GROWING ORIGIN (2017 - 2018): $239M, Spain

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

PRODUCT COMPLEXITY  IN Vehicle Parts (2018): 1.01, Rnk 170 / 1018

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

Exports: In 2018, Portugal exported $3.56B in Vehicle Parts, making it the 25th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 2nd most exported product in Portugal. The main destination of Vehicle Parts exports from Portugal are: Spain ($1.4B), France ($753M), Germany ($352M), United Kingdom ($282M), and Romania ($84.6M).

The fastest growing export markets for Vehicle Parts of Portugal between 2017 and 2018 were Spain ($551M), France ($263M), and Germany ($79.7M).

Imports: In 2018, Portugal imported $2.92B in Vehicle Parts, becoming the 29th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 3rd most imported product in Portugal. Portugal imports Vehicle Parts primarily from: Spain ($1.25B), Germany ($637M), France ($256M), Italy ($116M), and Japan ($102M).

The fastest growing import markets in Vehicle Parts for Portugal between 2017 and 2018 were Spain ($239M), Slovakia ($27.4M), and Romania ($20.1M).

Tariffs: In 2017, the average tariff for Portugal in Vehicle Parts was 1.13%. The countries with the highest import tariffs for Vehicle Parts were Western Sahara (3.81%), Gabon (3.81%), Libya (3.81%), Mayotte (3.81%), and Reunion (3.81%).

Value

EXPORTS (2018): $3.56B

IMPORTS (2018): $2.92B

NET TRADE (2018): $641M

In 2018, Portugal exported $3.56B in Vehicle Parts. The main destinations of Portugal exports on Vehicle Parts were Spain ($1.4B), France ($753M), Germany ($352M), United Kingdom ($282M), and Romania ($84.6M).

In 2018, Portugal imported $2.92B in Vehicle Parts, mainly from Spain ($1.25B), Germany ($637M), France ($256M), Italy ($116M), and Japan ($102M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

  • France, $497M ($753M - $256M)
  • United Kingdom, $230M ($282M - $52.2M)
  • Spain, $147M ($1.4B - $1.25B)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

  • Germany, -$285M ($352M - $637M)
  • Japan, -$98.6M ($3.18M - $102M)
  • Italy, -$63.1M ($52.6M - $116M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts 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 Vehicle Parts were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Vehicle Parts 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 Vehicle Parts was 1.13%.

The countries with the highest tariffs for Vehicle Parts in Portugal were Western Sahara (3.81%), Gabon (3.81%), Libya (3.81%), Mayotte (3.81%), and Reunion (3.81%).

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