Aircraft and spacecraft in Portugal | The Observatory of Economic Complexity

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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 IKEA SUPPLY AG (74) were at the forefront of shipping Aircraft and spacecraft from Portugal to the United States.

Latest Trends

January 2024

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Overview In January 2024 Portugal's Aircraft and spacecraft exports accounted up to €37.2M and imports accounted up to €17.7M, resulting in a positive trade balance of €19.5M. Between January 2023 and January 2024 the exports of Portugal's Aircraft and spacecraft have increased by €17.2M (86%) from €20M to €37.2M, while imports decreased by €-19.1M (-51.9%) from €36.9M to €17.7M.

Destinations In January 2024, Aircraft and spacecraft were exported mostly to Brazil (€12M), United Kingdom (€7.01M), France (€6.94M), Ukraine (€5.3M), and Switzerland (€1.73M), and were imported mostly from France (€9.3M), Spain (€3.28M), Germany (€2.53M), United States (€789k), and China (€398k).

Growth In January 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 January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€17.2M(86%)

IMPORT GROWTH (January 2023 - January 2024)€-19.1M(-51.9%)

MAIN DESTINATION (January 2024)Brazil€12M

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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