2023
Exports
$182MWorld Rnk 36 / 212
Flag Rnk 89 / 1213
2023
PRODUCT COMPLEXITY IN Electric Batteries
1.17Rnk 118 / 1025
2023
Imports
$279MWorld Rnk 46 / 224
Flag Rnk 87 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $182M in Electric Batteries, making it the 36th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 89th most exported product in Portugal. The main destination of Electric Batteries exports from Portugal are: France ($37.4M), Germany ($22.2M), Italy ($14.1M), United Kingdom ($14.1M), and Sweden ($13.8M).

The fastest growing export markets for Electric Batteries of Portugal between 2022 and 2023 were Germany ($11.5M), United Kingdom ($5.26M), and Japan ($3.08M).

Imports In 2023, Portugal imported $279M in Electric Batteries, becoming the 46th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 87th most imported product in Portugal. Portugal imports Electric Batteries primarily from: Spain ($99.5M), China ($74.3M), Germany ($22.4M), France ($15.3M), and Netherlands ($11.5M).

The fastest growing import markets in Electric Batteries for Portugal between 2022 and 2023 were Spain ($14.4M), Vietnam ($4.81M), and China ($2.54M).

COMPANIES In 2024, leading companies such as IKEA Group (3) were at the forefront of shipping Electric Batteries from Portugal to the United States.

Latest Trends

Jan 2025

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 Electric Batteries. 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 (2023)$182M
IMPORTS (2023)$279M
NET TRADE (2023)-$96.5M

In 2023, Portugal exported $182M in Electric Batteries. The main destinations of Portugal exports on Electric Batteries were France ($37.4M), Germany ($22.2M), Italy ($14.1M), United Kingdom ($14.1M), and Sweden ($13.8M).

In 2023, Portugal imported $279M in Electric Batteries, mainly from Spain ($99.5M), China ($74.3M), Germany ($22.4M), France ($15.3M), and Netherlands ($11.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$11.5M (108%)
United Kingdom$5.26M (59.7%)
Japan$3.08M (5.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Portugal WERE (2022 - 2023):
South Korea-$1.54M (-89.8%)
Qatar-$1.39M (-55.6%)
Slovakia-$1.28M (-71.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Electric Batteries were:
In 2023, Portugal's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.3M
TOP IMPORT POTENTIALChina+ $43M

Electric Batteries’s highest export potential is Germany. With an export gap of $18.3M.   Electric Batteries’s highest import potential is China with an import gap of $43M.

See methodology.

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