2021
Exports | Imports
$4.21B | $3.89BWorld Rnk 27 / 218
Flag Rnk 1 / 1210
World Rnk 32 / 226
Flag Rnk 2 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Cars
0.88Rnk 214 / 1024

About

Exports In 2021, Portugal exported $4.21B in Cars, making it the 27th 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 ($891M), Spain ($552M), United Kingdom ($484M), Italy ($410M), and France ($384M).

The fastest growing export markets for Cars of Portugal between 2020 and 2021 were Spain ($163M), United Kingdom ($148M), and Australia ($66.7M).

Imports In 2021, Portugal imported $3.89B in Cars, becoming the 32nd largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Portugal. Portugal imports Cars primarily from: Germany ($1.22B), Spain ($767M), France ($496M), Belgium ($303M), and Turkey ($125M).

The fastest growing import markets in Cars for Portugal between 2020 and 2021 were Germany ($140M), Morocco ($49.8M), and South Korea ($45.4M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$4.21B
IMPORTS (2021)$3.89B
NET TRADE (2021)$320M

In 2021, Portugal exported $4.21B in Cars. The main destinations of Portugal exports on Cars were Germany ($891M), Spain ($552M), United Kingdom ($484M), Italy ($410M), and France ($384M).

In 2021, Portugal imported $3.89B in Cars, mainly from Germany ($1.22B), Spain ($767M), France ($496M), Belgium ($303M), and Turkey ($125M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
Spain$163M (41.8%)
United Kingdom$148M (44.1%)
Australia$66.7M (246%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Portugal WERE (2020 - 2021):
Switzerland-$100M (-62.9%)
Austria-$95.6M (-62.1%)
Germany-$49.4M (-5.26%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Cars were:
In 2021, Portugal's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

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