2022
Exports
$1.52MWorld Rnk 44 / 126
Flag Rnk 857 / 1216
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$8.52MWorld Rnk 48 / 183
Flag Rnk 768 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.52M in Casting Machines, making it the 44th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 857th most exported product in Portugal. The main destination of Casting Machines exports from Portugal are: Spain ($325k), Austria ($268k), United States ($217k), Germany ($203k), and Italy ($150k).

The fastest growing export markets for Casting Machines of Portugal between 2021 and 2022 were Austria ($268k), United States ($217k), and Germany ($155k).

Imports In 2022, Portugal imported $8.52M in Casting Machines, becoming the 48th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 768th most imported product in Portugal. Portugal imports Casting Machines primarily from: United States ($4.85M), Spain ($1.47M), Italy ($1.33M), Germany ($490k), and Bulgaria ($88.8k).

The fastest growing import markets in Casting Machines for Portugal between 2021 and 2022 were United States ($4.68M), Italy ($363k), and Bulgaria ($88.8k).

Latest Trends

Jul 2024

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 Casting Machines. 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 (2022)$1.52M
IMPORTS (2022)$8.52M
NET TRADE (2022)-$7M

In 2022, Portugal exported $1.52M in Casting Machines. The main destinations of Portugal exports on Casting Machines were Spain ($325k), Austria ($268k), United States ($217k), Germany ($203k), and Italy ($150k).

In 2022, Portugal imported $8.52M in Casting Machines, mainly from United States ($4.85M), Spain ($1.47M), Italy ($1.33M), Germany ($490k), and Bulgaria ($88.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Austria$268k (1%)
United States$217k (1%)
Germany$155k (323%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Portugal WERE (2021 - 2022):
Spain-$444k (-57.8%)
Lithuania-$353k (-88.8%)
Morocco-$151k (-92.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Portugal's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $212k
TOP IMPORT POTENTIALItaly+ $355k

Casting Machines’s highest export potential is United States. With an export gap of $212k.   Casting Machines’s highest import potential is Italy with an import gap of $355k.

See methodology.

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