Cars in Portugal undefined Exports | Imports : $4.73B | $5.11B, World Rnk 26 / 221 Rnk 1 / 1208 | World Rnk 25 / 225 Rnk 1 / 1210
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $303M | $104M, Germany | Hungary
2019 ECONOMIC COMPLEXITY of Portugal: 0.51, Rnk 49 / 147
2019 PRODUCT COMPLEXITY IN Cars: 0.84, Rnk 237 / 1029
Exports In N/A, Portugal exported $4.73B in Cars, making it the 26th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Portugal. The main destination of Cars exports from Portugal are: Germany ($1.45B), United Kingdom ($538M), Spain ($519M), France ($501M), and Italy ($305M).
The fastest growing export markets for Cars of Portugal between 2018 and 2019 were Germany ($303M), Spain ($160M), and Turkey ($71.4M).
Imports In N/A, Portugal imported $5.11B in Cars, becoming the 25th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Portugal. Portugal imports Cars primarily from: Germany ($1.34B), Spain ($1.08B), France ($907M), Belgium ($338M), and Turkey ($214M).
The fastest growing import markets in Cars for Portugal between 2018 and 2019 were Hungary ($104M), Belgium ($42.9M), and South Africa ($20.4M).
Tariffs In 2017, the average tariff for Portugal in Cars was 3.23%. The countries with the highest import tariffs for Cars were Western Sahara (Most Favoured Nation duty rate treatement, 9.82%), Gabon (Most Favoured Nation duty rate treatement, 9.82%), Libya (Most Favoured Nation duty rate treatement, 9.82%), Mayotte (Most Favoured Nation duty rate treatement, 9.82%), and Reunion (Most Favoured Nation duty rate treatement, 9.82%).
EXPORTS (2019): $4.73B
IMPORTS (2019): $5.11B
NET TRADE (2019): -$376M
In 2019, Portugal exported $4.73B in Cars. The main destinations of Portugal exports on Cars were Germany ($1.45B), United Kingdom ($538M), Spain ($519M), France ($501M), and Italy ($305M).
In 2019, Portugal imported $5.11B in Cars, mainly from Germany ($1.34B), Spain ($1.08B), France ($907M), Belgium ($338M), and Turkey ($214M).
IN 2019, Portugal HAD A POSITIVE NET TRADE IN Cars WITH:
In 2019, Portugal's main exporting competitors in Cars were:
In 2019, Portugal's main importing competitors in Cars were:
In 2017, the average tariff for Portugal in Cars was 3.23%.
The countries with the highest tariffs for Cars in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 9.82%), Gabon (Most Favoured Nation duty rate treatement, 9.82%), Libya (Most Favoured Nation duty rate treatement, 9.82%), Mayotte (Most Favoured Nation duty rate treatement, 9.82%), and Reunion (Most Favoured Nation duty rate treatement, 9.82%).