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Pricing

2021 - 2022
FASTEST GROWING MARKET $3.59MSpain
2022
Origin $7.61M Italy
2021 - 2022
FASTEST GROWING ORIGIN $7.61MItaly
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

The fastest growing export markets for Forging Machines of Portugal between 2021 and 2022 were Spain ($3.59M), Finland ($2.26M), and Angola ($1.56M).

The fastest growing import markets in Forging Machines for Portugal between 2021 and 2022 were Italy ($7.61M), Germany ($5.17M), and United States ($2.26M).

Historical Data

Trade Balance

Color

In N/A, Portugal imported N/A in Forging Machines, mainly from Italy ($14.1M), Germany ($12.4M), Spain ($6.8M), China ($5.1M), and Turkey ($4.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$3.59M (73.5%)
Finland$2.26M (336%)
Angola$1.56M (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Portugal WERE (2021 - 2022):
Egypt-$2.33M (-94.4%)
Israel-$2.16M (-91.7%)
Mexico-$962k (-33.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main importing competitors in Forging Machines were:
United States $1.33B
China $825M
Mexico $547M

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $3.79M
TOP IMPORT POTENTIALChina+ $2.97M

Forging Machines’s highest export potential is United States. With an export gap of $3.79M.   Forging Machines’s highest import potential is China with an import gap of $2.97M.

See methodology.

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