Chemical products n.e.s. in Portugal 2020 Exports | Imports : $457M | $1.74B, World Rnk 44 / 220 Rnk 34 / 96 | World Rnk 32 / 226 Rnk 10 / 96
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11.4M | $155M, Germany | Poland
2020 ECONOMIC COMPLEXITY of Portugal: 0.47, Rnk 45 / 127
2020 PRODUCT COMPLEXITY IN Chemical products n.e.s.: 2.01, Rnk 8 / 1029
Exports In 2020, Portugal exported $457M in Chemical products n.e.s., making it the 44th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 34th most exported product in Portugal. The main destination of Chemical products n.e.s. exports from Portugal are: Spain ($146M), France ($67.2M), Germany ($36M), Italy ($34M), and Angola ($19.7M).
The fastest growing export markets for Chemical products n.e.s. of Portugal between 2019 and 2020 were Germany ($11.4M), France ($7.34M), and Cape Verde ($4.36M).
Imports In 2020, Portugal imported $1.74B in Chemical products n.e.s., becoming the 32nd largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 10th most imported product in Portugal. Portugal imports Chemical products n.e.s. primarily from: Germany ($546M), Spain ($364M), United Kingdom ($228M), Poland ($198M), and France ($88.4M).
The fastest growing import markets in Chemical products n.e.s. for Portugal between 2019 and 2020 were Poland ($155M), Spain ($58.8M), and United Kingdom ($52.7M).
Tariffs In 2017, the average tariff for Portugal in Chemical products n.e.s. was 2.64%. The countries with the highest import tariffs for Chemical products n.e.s. were Liechtenstein (Most Favoured Nation duty rate treatement, 12%), South Africa (Most Favoured Nation duty rate treatement, 9.11%), Western Sahara (Most Favoured Nation duty rate treatement, 6.31%), Gabon (Most Favoured Nation duty rate treatement, 6.31%), and Libya (Most Favoured Nation duty rate treatement, 6.31%).
Overview In November 2022 Portugal's Chemical products n.e.s. exports accounted up to €44.3M and imports accounted up to €209M, resulting in a negative trade balance of €165M. Between November 2021 and November 2022 the exports of Portugal's Chemical products n.e.s. have decreased by €-10.2M (-18.7%) from €54.5M to €44.3M, while imports increased by €41.6M (24.9%) from €167M to €209M.
Destinations In November 2022, Chemical products n.e.s. were exported mostly to Spain (€10.8M), France (€6.58M), Germany (€4.69M), Italy (€3.73M), and Belgium (€2.98M), and were imported mostly from Poland (€64.4M), Germany (€62.7M), Spain (€30.9M), Netherlands (€12.2M), and Belgium (€6.16M).
Growth In November 2022, the decrease in Chemical products n.e.s.'s year-by-year exports was explained primarily by a decrease in exports to Brazil (€-739k or -61.9%), France (€-666k or -16%), and Mozambique (€-288k or -26.5%). In November 2022, the increase in Chemical products n.e.s.'s year-by-year imports was explained primarily by an increase in imports from Poland (€21.8M or 208%), Germany (€13.1M or 17.2%), and Spain (€6.51M or 30.7%).
EXPORT GROWTH (November 2021 - November 2022): €-10.2M, (-18.7%)
IMPORT GROWTH (November 2021 - November 2022): €41.6M, (24.9%)
MAIN DESTINATION (November 2022): Spain, €10.8M
This section shows Chemical products n.e.s.'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 Chemical products n.e.s. over time.
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EXPORTS (2020): $457M
IMPORTS (2020): $1.74B
NET TRADE (2020): -$1.28B
In 2020, Portugal exported $457M in Chemical products n.e.s.. The main destinations of Portugal exports on Chemical products n.e.s. were Spain ($146M), France ($67.2M), Germany ($36M), Italy ($34M), and Angola ($19.7M).
In 2020, Portugal imported $1.74B in Chemical products n.e.s., mainly from Germany ($546M), Spain ($364M), United Kingdom ($228M), Poland ($198M), and France ($88.4M).
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Portugal WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Portugal WERE (2019 - 2020):
In 2020, Portugal's main exporting competitors in Chemical products n.e.s. were:
In 2020, Portugal's main importing competitors in Chemical products n.e.s. were:
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