HS Icon Glass Working Machines in  Flag Portugal

2019
Exports | Imports
: $22.1M | $26.3M, World Rnk 22 / 103
Flag Rnk 370 / 1208 | World Rnk 32 / 181
Flag Rnk 463 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.5M | $6M, Bulgaria |  Malaysia

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Glass Working Machines
: 1.65, Rnk 31 / 1029

Exports In 2019, Portugal exported $22.1M in Glass Working Machines, making it the 22nd largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 370th most exported product in Portugal. The main destination of Glass Working Machines exports from Portugal are: Bulgaria ($10.6M), Spain ($8.72M), Angola ($1.15M), United States ($493k), and Luxembourg ($395k).

The fastest growing export markets for Glass Working Machines of Portugal between 2018 and 2019 were Bulgaria ($10.5M), Spain ($4.2M), and Angola ($1.11M).

Imports In 2019, Portugal imported $26.3M in Glass Working Machines, becoming the 32nd largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 463rd most imported product in Portugal. Portugal imports Glass Working Machines primarily from: Malaysia ($6.03M), Luxembourg ($4.99M), Germany ($3.34M), Italy ($3.29M), and United Kingdom ($1.98M).

The fastest growing import markets in Glass Working Machines for Portugal between 2018 and 2019 were Malaysia ($6M), Luxembourg ($2.8M), and Italy ($2.04M).

Tariffs In 2017, the average tariff for Portugal in Glass Working Machines was 0.34%. The countries with the highest import tariffs for Glass Working Machines were Western Sahara (Most Favoured Nation duty rate treatement, 1.13%), Gabon (Most Favoured Nation duty rate treatement, 1.13%), Libya (Most Favoured Nation duty rate treatement, 1.13%), Mayotte (Most Favoured Nation duty rate treatement, 1.13%), and Reunion (Most Favoured Nation duty rate treatement, 1.13%).

Historical Data

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EXPORTS (2019): $22.1M

IMPORTS (2019): $26.3M

NET TRADE (2019): -$4.16M

In 2019, Portugal exported $22.1M in Glass Working Machines. The main destinations of Portugal exports on Glass Working Machines were Bulgaria ($10.6M), Spain ($8.72M), Angola ($1.15M), United States ($493k), and Luxembourg ($395k).

In 2019, Portugal imported $26.3M in Glass Working Machines, mainly from Malaysia ($6.03M), Luxembourg ($4.99M), Germany ($3.34M), Italy ($3.29M), and United Kingdom ($1.98M).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Glass Working Machines WITH:

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Glass Working Machines WITH:

Flow

THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Portugal WERE (2018 - 2019):

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Market Concentration

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In 2019, Portugal's main exporting competitors in Glass Working Machines were:

In 2019, Portugal's main importing competitors in Glass Working Machines were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Glass Working Machines was 0.34%.

The countries with the highest tariffs for Glass Working Machines in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 1.13%), Gabon (Most Favoured Nation duty rate treatement, 1.13%), Libya (Most Favoured Nation duty rate treatement, 1.13%), Mayotte (Most Favoured Nation duty rate treatement, 1.13%), and Reunion (Most Favoured Nation duty rate treatement, 1.13%).