Chemical products n.e.s. in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $592M in Chemical products n.e.s., making it the 41st largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 32nd most exported product in Portugal. The main destination of Chemical products n.e.s. exports from Portugal are: Spain ($124M), France ($78.5M), Germany ($66.1M), Italy ($52.2M), and Belgium ($45.7M).

The fastest growing export markets for Chemical products n.e.s. of Portugal between 2021 and 2022 were Netherlands ($15.5M), Italy ($12.5M), and Brazil ($2.69M).

Imports In 2022, Portugal imported $1.89B in Chemical products n.e.s., becoming the 32nd largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 11th most imported product in Portugal. Portugal imports Chemical products n.e.s. primarily from: Germany ($666M), Poland ($378M), Spain ($333M), Italy ($71.8M), and France ($66.7M).

The fastest growing import markets in Chemical products n.e.s. for Portugal between 2021 and 2022 were Ireland ($34M), Denmark ($11.9M), and Belgium ($11.2M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (1.41k), IKEA SUPPLY AG (148), and RHI US LTD (18) were at the forefront of shipping Chemical products n.e.s. from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Chemical products n.e.s. exports accounted up to €39.1M and imports accounted up to €155M, resulting in a negative trade balance of €115M. Between January 2023 and January 2024 the exports of Portugal's Chemical products n.e.s. have decreased by €-7.35M (-15.8%) from €46.5M to €39.1M, while imports decreased by €-35.5M (-18.7%) from €190M to €155M.

Destinations In January 2024, Chemical products n.e.s. were exported mostly to France (€9.52M), Spain (€8.76M), Italy (€4.45M), Germany (€3.8M), and Netherlands (€1.24M), and were imported mostly from Germany (€51.9M), Poland (€29.8M), Spain (€28.3M), Netherlands (€8.09M), and Belgium (€7.98M).

Growth In January 2024, the decrease in Chemical products n.e.s.'s year-by-year exports was explained primarily by a decrease in exports to Spain (€-2.62M or -26.1%), Mozambique (€-2.36M or -82.9%), and Belgium (€-1.72M or -18.7%). In January 2024, the decrease in Chemical products n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from China (€-15.2M or -94.4%), Germany (€-6.79M or -10.8%), and Brazil (€-1.79M or -48.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-7.35M(-15.8%)

IMPORT GROWTH (January 2023 - January 2024)€-35.5M(-18.7%)

MAIN DESTINATION (January 2024)France€9.52M

This section shows Chemical products n.e.s.'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 Chemical products n.e.s. over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$592M

IMPORTS (2022)$1.89B

NET TRADE (2022)-$1.29B

In 2022, Portugal exported $592M in Chemical products n.e.s.. The main destinations of Portugal exports on Chemical products n.e.s. were Spain ($124M), France ($78.5M), Germany ($66.1M), Italy ($52.2M), and Belgium ($45.7M).

In 2022, Portugal imported $1.89B in Chemical products n.e.s., mainly from Germany ($666M), Poland ($378M), Spain ($333M), Italy ($71.8M), and France ($66.7M).

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