Aircraft, spacecraft and parts thereof in Portugal

EXPORTS (2018): $597M, World Rnk 30 / 205
Flag Rnk 31 / 96

TOP DESTINATION (2018): $146M, France

FASTEST GROWING MARKET (2017 - 2018): $129M, France

IMPORTS (2018): $1.2B, World Rnk 38 / 213
Flag Rnk 18 / 96

TOP ORIGIN (2018): $395M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $298M, Germany

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

PRODUCT COMPLEXITY  IN Aircraft, spacecraft and parts thereof (2018): 0.63, Rnk 30 / 96

Overview: This page contains the latest trade data of Aircraft, spacecraft and parts thereof in Portugal.

Exports: In 2018, Portugal exported $597M in Aircraft, spacecraft and parts thereof, making it the 30th largest exporter of Aircraft, spacecraft and parts thereof in the world. At the same year, Aircraft, spacecraft and parts thereof was the 31st most exported product in Portugal. The main destination of Aircraft, spacecraft and parts thereof exports from Portugal are: France ($146M), Brazil ($128M), United States ($127M), Malta ($112M), and Switzerland ($22.5M).

The fastest growing export markets for Aircraft, spacecraft and parts thereof of Portugal between 2017 and 2018 were France ($129M), Malta ($110M), and United States ($46.6M).

Imports: In 2018, Portugal imported $1.2B in Aircraft, spacecraft and parts thereof, becoming the 38th largest importer of Aircraft, spacecraft and parts thereof in the world. At the same year, Aircraft, spacecraft and parts thereof was the 18th most imported product in Portugal. Portugal imports Aircraft, spacecraft and parts thereof primarily from: Germany ($395M), France ($276M), United States ($256M), Canada ($70.6M), and Netherlands ($52.9M).

The fastest growing import markets in Aircraft, spacecraft and parts thereof for Portugal between 2017 and 2018 were Germany ($298M), France ($224M), and United States ($121M).

Tariffs: In 2017, the average tariff for Portugal in Aircraft, spacecraft and parts thereof was 0.51%. The countries with the highest import tariffs for Aircraft, spacecraft and parts thereof were Western Sahara (1.72%), Gabon (1.72%), Libya (1.72%), Mayotte (1.72%), and Reunion (1.72%).

Overview: In July 2020 Portugal's Aircraft, spacecraft and parts thereof exports accounted up to €97.3M and imports accounted up to €539M, resulting in a negative trade balance of €441M. Between July 2019 and July 2020 the exports of Portugal's   Aircraft, spacecraft and parts thereof have decreased by €-110M (-53%) from €207M to €97.3M, while imports decreased by €-900M (-62.6%) from €1.44B to €539M.

Destinations: In July 2020 Aircraft, spacecraft and parts thereof exported mostly to United States (€25.4M), Japan (€16.7M), Sri Lanka (€15.2M), Canada (€6.55M), and France (€6.43M), and imported mostly from France (€213M), United States (€191M), Germany (€89.9M), United Kingdom (€13.3M), and Russia (€10.9M).

Growth: In July 2020, the decrease in Aircraft, spacecraft and parts thereof's year-by-year exports was explained primarily by a decrease in exports to United States (€-72.3M or -74%), Vietnam (€-25.6M or -99.1%), and France (€-11.3M or -63.7%). In July 2020, the decrease in Aircraft, spacecraft and parts thereof's year-by-year imports was explained primarily by a decrease in imports from United States (€-581M or -75.3%), France (€-195M or -47.9%), and Germany (€-62.5M or -41%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): €-110M, (-53%)

IMPORT GROWTH (July 2019 - July 2020): €-900M, (-62.6%)

MAIN DESTINATION (July 2020): United States, €25.4M

This section shows Aircraft, spacecraft and parts thereof'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 Aircraft, spacecraft and parts thereof over time.

Value

EXPORTS (2018): $597M

IMPORTS (2018): $1.2B

NET TRADE (2018): -$601M

In 2018, Portugal exported $597M in Aircraft, spacecraft and parts thereof. The main destinations of Portugal exports on Aircraft, spacecraft and parts thereof were France ($146M), Brazil ($128M), United States ($127M), Malta ($112M), and Switzerland ($22.5M).

In 2018, Portugal imported $1.2B in Aircraft, spacecraft and parts thereof, mainly from Germany ($395M), France ($276M), United States ($256M), Canada ($70.6M), and Netherlands ($52.9M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Aircraft, spacecraft and parts thereof WITH:

  • Brazil, $122M ($128M - $5.72M)
  • Malta, $112M ($112M - $2.09k)
  • Turkey, $3.74M ($3.92M - $188k)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Aircraft, spacecraft and parts thereof WITH:

  • Germany, -$390M ($4.76M - $395M)
  • France, -$130M ($146M - $276M)
  • United States, -$129M ($127M - $256M)
Flow

THE FASTEST GROWING Aircraft, spacecraft and parts thereof EXPORT MARKETS FOR Portugal WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft, spacecraft and parts thereof BY Portugal WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Portugal's main exporting competitors in Aircraft, spacecraft and parts thereof were:

In 2018, Portugal's main importing competitors in Aircraft, spacecraft and parts thereof were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Aircraft, spacecraft and parts thereof 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 Aircraft, spacecraft and parts thereof was 0.51%.

The countries with the highest tariffs for Aircraft, spacecraft and parts thereof in Portugal were Western Sahara (1.72%), Gabon (1.72%), Libya (1.72%), Mayotte (1.72%), and Reunion (1.72%).

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