Electrical machinery and electronics in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $6.77B in Electrical machinery and electronics, making it the 37th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most exported product in Portugal. The main destination of Electrical machinery and electronics exports from Portugal are: Germany ($1.38B), Spain ($1.23B), France ($589M), United States ($395M), and United Kingdom ($292M).

The fastest growing export markets for Electrical machinery and electronics of Portugal between 2021 and 2022 were Spain ($400M), United States ($106M), and Belgium ($71.2M).

Imports In 2022, Portugal imported $10.7B in Electrical machinery and electronics, becoming the 41st largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in Portugal. Portugal imports Electrical machinery and electronics primarily from: China ($2.14B), Germany ($2.12B), Spain ($2.06B), Netherlands ($707M), and France ($502M).

The fastest growing import markets in Electrical machinery and electronics for Portugal between 2021 and 2022 were China ($697M), Germany ($316M), and Netherlands ($123M).

COMPANIES In 2023, leading companies such as TE Connectivity (389), Home Depot (108), and Robert Bosch (17) were at the forefront of shipping Electrical machinery and electronics from Portugal to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Portugal's Electrical machinery and electronics exports accounted up to €1.24B and imports accounted up to €1.72B, resulting in a negative trade balance of €488M. Between September 2023 and September 2024 the exports of Portugal's Electrical machinery and electronics have increased by €655M (113%) from €582M to €1.24B, while imports increased by €890M (107%) from €835M to €1.72B.

Destinations In September 2024, Electrical machinery and electronics were exported mostly to Germany (€329M), Spain (€236M), France (€125M), United Kingdom (€51.1M), and Belgium (€46.5M), and were imported mostly from Germany (€373M), Spain (€368M), China (€228M), Singapore (€60.8M), and Italy (€59.7M).

Growth In September 2024, the increase in Electrical machinery and electronics's year-by-year exports was explained primarily by an increase in exports to France (€18.3M or 36.5%), Germany (€18.1M or 16.9%), and China (€10.4M or 366%). In September 2024, the increase in Electrical machinery and electronics's year-by-year imports was explained primarily by an increase in imports from Spain (€38.6M or 26.6%), Netherlands (€28.4M or 59.5%), and Germany (€11.9M or 7.41%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)€655M(113%)

IMPORT GROWTH (September 2023 - September 2024)€890M(107%)

MAIN DESTINATION (September 2024)Germany€329M

This section shows Electrical machinery and electronics'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 Electrical machinery and electronics over time.

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