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2022
Exports $370MWorld Rnk 38 / 211
Flag Rnk 43 / 96
2022
Destination $53.1M Brazil
2021 - 2022
FASTEST GROWING MARKET $53.1MBrazil
2022
PRODUCT COMPLEXITY IN Aircraft and spacecraft0.79Rnk 246 / 1025
2022
Imports $931MWorld Rnk 36 / 219
Flag Rnk 25 / 96
2022
Origin $75M Germany
2021 - 2022
FASTEST GROWING ORIGIN $75MBrazil
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $370M in Aircraft and spacecraft, making it the 38th largest exporter of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 43rd most exported product in Portugal. The main destination of Aircraft and spacecraft exports from Portugal are: Brazil ($134M), France ($53.5M), United States ($52.4M), Ireland ($49.5M), and Switzerland ($22M).

The fastest growing export markets for Aircraft and spacecraft of Portugal between 2021 and 2022 were Brazil ($53.1M), Ireland ($49.5M), and United States ($34.6M).

Imports In 2022, Portugal imported $931M in Aircraft and spacecraft, becoming the 36th largest importer of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 25th most imported product in Portugal. Portugal imports Aircraft and spacecraft primarily from: Germany ($293M), United States ($168M), France ($142M), Brazil ($86.2M), and Canada ($82.1M).

The fastest growing import markets in Aircraft and spacecraft for Portugal between 2021 and 2022 were Brazil ($75M), United States ($60.4M), and Germany ($39.7M).

COMPANIES In 2023, leading companies such as John Deere (2) and IKEA Group (1) were at the forefront of shipping Aircraft and spacecraft from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Aircraft and spacecraft exports accounted up to €25.7M and imports accounted up to €36.6M, resulting in a negative trade balance of €11M. Between August 2023 and August 2024 the exports of Portugal's   Aircraft and spacecraft have increased by €5.22M (25.5%) from €20.5M to €25.7M, while imports decreased by €-74.9M (-67.1%) from €112M to €36.6M.

Destinations In August 2024, Aircraft and spacecraft were exported mostly to Brazil (€15.7M), France (€5.74M), Ukraine (€1.27M), Switzerland (€1.02M), and Spain (€570k), and were imported mostly from United States (€24M), Spain (€3.78M), France (€3.72M), United Kingdom (€1.61M), and Germany (€975k).

Growth In August 2024, the increase in Aircraft and spacecraft's year-by-year exports was explained primarily by an increase in exports to Brazil (€6.92M or 322%), France (€3.03M or 130%), and Switzerland (€1.6M or 100%). In August 2024, the decrease in Aircraft and spacecraft's year-by-year imports was explained primarily by a decrease in imports from Canada (€-13.7M or -36.6%), France (€-634k or -22.1%), and Brazil (€-368k or -88.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€5.22M(25.5%)
IMPORT GROWTH (August 2023 - August 2024)€-74.9M(-67.1%)
MAIN DESTINATION (August 2024)Brazil€15.7M

This section shows Aircraft and spacecraft'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 and spacecraft over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$370M
IMPORTS (2022)$931M
NET TRADE (2022)-$562M

In 2022, Portugal exported $370M in Aircraft and spacecraft. The main destinations of Portugal exports on Aircraft and spacecraft were Brazil ($134M), France ($53.5M), United States ($52.4M), Ireland ($49.5M), and Switzerland ($22M).

In 2022, Portugal imported $931M in Aircraft and spacecraft, mainly from Germany ($293M), United States ($168M), France ($142M), Brazil ($86.2M), and Canada ($82.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft and spacecraft EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Brazil$53.1M (65.8%)
Ireland$49.5M (980k%)
United States$34.6M (194%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft and spacecraft BY Portugal WERE (2021 - 2022):
United Kingdom-$64.2M (-91.4%)
Romania-$24.3M (-97.3%)
France-$7.84M (-12.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Aircraft and spacecraft were:
United States $40.3B
France $33.4B
Germany $29.7B
In 2022, Portugal's main importing competitors in Aircraft and spacecraft were:
United States $27.3B
France $13.7B
China $12.1B

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Trade Value of Aircraft and spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.9M
TOP IMPORT POTENTIALFrance+ $35.1M

Aircraft and spacecraft’s highest export potential is United States. With an export gap of $16.9M.   Aircraft and spacecraft’s highest import potential is France with an import gap of $35.1M.

See methodology.

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