2021
Exports | Imports
$45.8M | $43.7MWorld Rnk 25 / 169
Flag Rnk 282 / 1210
World Rnk 42 / 212
Flag Rnk 380 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Forging Machines
1.46Rnk 59 / 1024

About

Exports In 2021, Portugal exported $45.8M in Forging Machines, making it the 25th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 282nd most exported product in Portugal. The main destination of Forging Machines exports from Portugal are: Spain ($4.92M), United States ($4.6M), United Kingdom ($3.06M), Poland ($2.99M), and Mexico ($2.88M).

The fastest growing export markets for Forging Machines of Portugal between 2020 and 2021 were Israel ($2.26M), Mexico ($1.91M), and United States ($1.56M).

Imports In 2021, Portugal imported $43.7M in Forging Machines, becoming the 42nd largest importer of Forging Machines in the world. At the same year, Forging Machines was the 380th most imported product in Portugal. Portugal imports Forging Machines primarily from: Germany ($7.19M), Spain ($6.82M), Italy ($6.55M), China ($6.25M), and Turkey ($4.87M).

The fastest growing import markets in Forging Machines for Portugal between 2020 and 2021 were China ($3.42M), Germany ($1.77M), and Turkey ($1.36M).

Latest Trends

Dec 2023

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 Forging 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 (2021)$45.8M
IMPORTS (2021)$43.7M
NET TRADE (2021)$2.08M

In 2021, Portugal exported $45.8M in Forging Machines. The main destinations of Portugal exports on Forging Machines were Spain ($4.92M), United States ($4.6M), United Kingdom ($3.06M), Poland ($2.99M), and Mexico ($2.88M).

In 2021, Portugal imported $43.7M in Forging Machines, mainly from Germany ($7.19M), Spain ($6.82M), Italy ($6.55M), China ($6.25M), and Turkey ($4.87M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
Israel$2.26M (2.55k%)
Mexico$1.91M (196%)
United States$1.56M (51.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Portugal WERE (2020 - 2021):
Norway-$1.52M (-99.3%)
China-$1.21M (-100%)
Belgium-$958k (-99.9%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Forging Machines were:
China $1.45B
Italy $1.32B
In 2021, Portugal's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

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