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2023
Exports $17.8MWorld Rnk 37 / 118
Flag Rnk 455 / 1213
2023
Destination $11.8M Spain
2022 - 2023
FASTEST GROWING MARKET $11.8MSpain
2023
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel1.38Rnk 65 / 1025
2023
Imports $271MWorld Rnk 28 / 199
Flag Rnk 91 / 1211
2023
Origin $11.9M Spain
2022 - 2023
FASTEST GROWING ORIGIN $11.9MSpain
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $17.8M in Flat Flat-Rolled Steel, making it the 37th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 455th most exported product in Portugal. The main destination of Flat Flat-Rolled Steel exports from Portugal are: Spain ($15.4M), Colombia ($1.33M), France ($562k), Brazil ($137k), and Netherlands ($121k).

The fastest growing export markets for Flat Flat-Rolled Steel of Portugal between 2022 and 2023 were Spain ($11.8M), Brazil ($137k), and Cape Verde ($37.6k).

Imports In 2023, Portugal imported $271M in Flat Flat-Rolled Steel, becoming the 28th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 91st most imported product in Portugal. Portugal imports Flat Flat-Rolled Steel primarily from: Spain ($95.8M), Netherlands ($40.8M), France ($35.6M), Belgium ($30.5M), and Germany ($21.8M).

The fastest growing import markets in Flat Flat-Rolled Steel for Portugal between 2022 and 2023 were Spain ($11.9M), Germany ($8.01M), and Netherlands ($6.45M).

Latest Trends

Dec 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 Flat Flat-Rolled Steel. 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)$17.8M
IMPORTS (2023)$271M
NET TRADE (2023)-$253M

In 2023, Portugal exported $17.8M in Flat Flat-Rolled Steel. The main destinations of Portugal exports on Flat Flat-Rolled Steel were Spain ($15.4M), Colombia ($1.33M), France ($562k), Brazil ($137k), and Netherlands ($121k).

In 2023, Portugal imported $271M in Flat Flat-Rolled Steel, mainly from Spain ($95.8M), Netherlands ($40.8M), France ($35.6M), Belgium ($30.5M), and Germany ($21.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$11.8M (333%)
Brazil$137k (1%)
Cape Verde$37.6k (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Portugal WERE (2022 - 2023):
Colombia-$3.56M (-72.8%)
France-$406k (-41.9%)
Ireland-$301k (-96.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Flat Flat-Rolled Steel were:
China $5.49B
Japan $5.16B
Germany $3.69B
In 2023, Portugal's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.59B
Germany $2.32B
Turkey $2.18B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.31M
TOP IMPORT POTENTIALChina+ $8.22M

Flat Flat-Rolled Steel’s highest export potential is Spain. With an export gap of $2.31M.   Flat Flat-Rolled Steel’s highest import potential is China with an import gap of $8.22M.

See methodology.

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