Plastics & articles thereof in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $4.27B in Plastics & articles thereof, making it the 29th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 5th most exported product in Portugal. The main destination of Plastics & articles thereof exports from Portugal are: Spain ($1.55B), France ($637M), Germany ($285M), Netherlands ($241M), and Italy ($184M).

The fastest growing export markets for Plastics & articles thereof of Portugal between 2021 and 2022 were Netherlands ($47.3M), France ($38.2M), and Germany ($27.4M).

Imports In 2022, Portugal imported $5.53B in Plastics & articles thereof, becoming the 36th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 5th most imported product in Portugal. Portugal imports Plastics & articles thereof primarily from: Spain ($1.99B), Germany ($698M), France ($396M), Netherlands ($384M), and Italy ($324M).

The fastest growing import markets in Plastics & articles thereof for Portugal between 2021 and 2022 were Spain ($179M), United States ($58.8M), and China ($45.8M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (1.48k), HOME DEPOT, U. S. A., INC. (124), and AMAZON SERVICES LLC (116) were at the forefront of shipping Plastics & articles thereof from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Plastics & articles thereof exports accounted up to €304M and imports accounted up to €358M, resulting in a negative trade balance of €54.4M. Between January 2023 and January 2024 the exports of Portugal's Plastics & articles thereof have decreased by €-14.2M (-4.46%) from €318M to €304M, while imports decreased by €-26.2M (-6.82%) from €384M to €358M.

Destinations In January 2024, Plastics & articles thereof were exported mostly to Spain (€115M), France (€44.6M), Germany (€24.2M), Netherlands (€17M), and Italy (€14.3M), and were imported mostly from Spain (€133M), Germany (€47.6M), France (€30.4M), Italy (€22M), and Belgium (€21.1M).

Growth In January 2024, the decrease in Plastics & articles thereof's year-by-year exports was explained primarily by a decrease in exports to Spain (€-16.7M or -13.1%), India (€-1.3M or -85.7%), and Italy (€-966k or -6.19%). In January 2024, the decrease in Plastics & articles thereof's year-by-year imports was explained primarily by a decrease in imports from Spain (€-18.2M or -11.6%), Saudi Arabia (€-10.7M or -66.6%), and India (€-6.81M or -60.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-14.2M(-4.46%)

IMPORT GROWTH (January 2023 - January 2024)€-26.2M(-6.82%)

MAIN DESTINATION (January 2024)Spain€115M

This section shows Plastics & articles 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 Plastics & articles thereof over time.

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