2022
Exports
$1.96MWorld Rnk 43 / 153
Flag Rnk 820 / 1216
2022
PRODUCT COMPLEXITY IN Friction Material
0.27Rnk 464 / 1025
2022
Imports
$7.78MWorld Rnk 42 / 211
Flag Rnk 783 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.96M in Friction Material, making it the 43rd largest exporter of Friction Material in the world. At the same year, Friction Material was the 820th most exported product in Portugal. The main destination of Friction Material exports from Portugal are: Kuwait ($752k), Angola ($563k), Poland ($349k), Spain ($76.4k), and Cape Verde ($38.6k).

The fastest growing export markets for Friction Material of Portugal between 2021 and 2022 were Kuwait ($752k), Poland ($349k), and Angola ($110k).

Imports In 2022, Portugal imported $7.78M in Friction Material, becoming the 42nd largest importer of Friction Material in the world. At the same year, Friction Material was the 783rd most imported product in Portugal. Portugal imports Friction Material primarily from: Spain ($5.74M), Germany ($798k), United Kingdom ($474k), Sweden ($118k), and China ($114k).

The fastest growing import markets in Friction Material for Portugal between 2021 and 2022 were Spain ($386k), Germany ($283k), and United States ($60k).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (2) were at the forefront of shipping Friction Material from Portugal to the United States.

Latest Trends

Jul 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 Friction Material. 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 (2022)$1.96M
IMPORTS (2022)$7.78M
NET TRADE (2022)-$5.81M

In 2022, Portugal exported $1.96M in Friction Material. The main destinations of Portugal exports on Friction Material were Kuwait ($752k), Angola ($563k), Poland ($349k), Spain ($76.4k), and Cape Verde ($38.6k).

In 2022, Portugal imported $7.78M in Friction Material, mainly from Spain ($5.74M), Germany ($798k), United Kingdom ($474k), Sweden ($118k), and China ($114k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Kuwait$752k (1%)
Poland$349k (154k%)
Angola$110k (24.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Portugal WERE (2021 - 2022):
Spain-$133k (-63.5%)
United Kingdom-$72.8k (-100%)
Netherlands-$26.5k (-80.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Friction Material were:
In 2022, Portugal's main importing competitors in Friction Material were:

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $69.6k
TOP IMPORT POTENTIALGermany+ $205k

Friction Material’s highest export potential is Spain. With an export gap of $69.6k.   Friction Material’s highest import potential is Germany with an import gap of $205k.

See methodology.

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