Leather articles in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $282M in Leather articles, making it the 32nd largest exporter of Leather articles in the world. At the same year, Leather articles was the 51st most exported product in Portugal. The main destination of Leather articles exports from Portugal are: France ($85.7M), Spain ($65.2M), Turkey ($32.8M), United States ($15M), and Italy ($10M).

The fastest growing export markets for Leather articles of Portugal between 2021 and 2022 were France ($24.9M), Turkey ($3.9M), and Switzerland ($3.2M).

Imports In 2022, Portugal imported $526M in Leather articles, becoming the 34th largest importer of Leather articles in the world. At the same year, Leather articles was the 44th most imported product in Portugal. Portugal imports Leather articles primarily from: Spain ($151M), China ($124M), France ($55.1M), Italy ($49M), and Netherlands ($23.2M).

The fastest growing import markets in Leather articles for Portugal between 2021 and 2022 were China ($50.9M), Spain ($31.6M), and France ($17M).

COMPANIES In 2023, leading companies such as HOME DEPOT, U. S. A., INC. (144), CONAIR CORPORATION (56), and AT HOME PROCUREMENT INC (52) were at the forefront of shipping Leather articles from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Leather articles exports accounted up to €31.6M and imports accounted up to €42.1M, resulting in a negative trade balance of €10.5M. Between January 2023 and January 2024 the exports of Portugal's Leather articles have increased by €4.77M (17.8%) from €26.8M to €31.6M, while imports decreased by €-1.84M (-4.18%) from €43.9M to €42.1M.

Destinations In January 2024, Leather articles were exported mostly to France (€12M), Spain (€7.76M), Turkey (€2.54M), United States (€1.32M), and Italy (€1.3M), and were imported mostly from Spain (€14.6M), China (€8.53M), Italy (€4.95M), France (€3.38M), and Netherlands (€2.24M).

Growth In January 2024, the increase in Leather articles's year-by-year exports was explained primarily by an increase in exports to France (€4.77M or 85.8%), Spain (€1.79M or 37.4%), and Italy (€381k or 82.9%). In January 2024, the decrease in Leather articles's year-by-year imports was explained primarily by a decrease in imports from Vietnam (€-427k or -52.8%), Hong Kong (€-70.6k or -67.7%), and Turkey (€-58.4k or -39%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€4.77M(17.8%)

IMPORT GROWTH (January 2023 - January 2024)€-1.84M(-4.18%)

MAIN DESTINATION (January 2024)France€12M

This section shows Leather articles'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 Leather articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$282M

IMPORTS (2022)$526M

NET TRADE (2022)-$244M

In 2022, Portugal exported $282M in Leather articles. The main destinations of Portugal exports on Leather articles were France ($85.7M), Spain ($65.2M), Turkey ($32.8M), United States ($15M), and Italy ($10M).

In 2022, Portugal imported $526M in Leather articles, mainly from Spain ($151M), China ($124M), France ($55.1M), Italy ($49M), and Netherlands ($23.2M).

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