2022
Exports
$180MWorld Rnk 16 / 110
Flag Rnk 93 / 1216
2022
PRODUCT COMPLEXITY IN Hormones
0.61Rnk 317 / 1025
2022
Imports
$22.8MWorld Rnk 37 / 188
Flag Rnk 538 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $180M in Hormones, making it the 16th largest exporter of Hormones in the world. At the same year, Hormones was the 93rd most exported product in Portugal. The main destination of Hormones exports from Portugal are: Denmark ($154M), United States ($8.59M), United Kingdom ($6.26M), Canada ($3.24M), and New Zealand ($2.25M).

The fastest growing export markets for Hormones of Portugal between 2021 and 2022 were Denmark ($50.7M), United States ($5.53M), and Canada ($2.35M).

Imports In 2022, Portugal imported $22.8M in Hormones, becoming the 37th largest importer of Hormones in the world. At the same year, Hormones was the 538th most imported product in Portugal. Portugal imports Hormones primarily from: United States ($3.86M), Ireland ($3.84M), Germany ($3.75M), Spain ($2.77M), and Italy ($1.96M).

The fastest growing import markets in Hormones for Portugal between 2021 and 2022 were United States ($1.48M), United Kingdom ($1.44M), and Germany ($1.11M).

Latest Trends

Nov 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 Hormones. 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)$180M
IMPORTS (2022)$22.8M
NET TRADE (2022)$158M

In 2022, Portugal exported $180M in Hormones. The main destinations of Portugal exports on Hormones were Denmark ($154M), United States ($8.59M), United Kingdom ($6.26M), Canada ($3.24M), and New Zealand ($2.25M).

In 2022, Portugal imported $22.8M in Hormones, mainly from United States ($3.86M), Ireland ($3.84M), Germany ($3.75M), Spain ($2.77M), and Italy ($1.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Denmark$50.7M (48.9%)
United States$5.53M (181%)
Canada$2.35M (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Portugal WERE (2021 - 2022):
United Kingdom-$7.24M (-53.7%)
Italy-$225k (-12%)
Finland-$98.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10M
TOP IMPORT POTENTIALIreland+ $2M

Hormones’s highest export potential is United States. With an export gap of $10M.   Hormones’s highest import potential is Ireland with an import gap of $2M.

See methodology.

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