2022
Exports
$99.7MWorld Rnk 33 / 213
Flag Rnk 166 / 1216
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$127MWorld Rnk 40 / 225
Flag Rnk 191 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $99.7M in Interchangeable Tool Parts, making it the 33rd largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 166th most exported product in Portugal. The main destination of Interchangeable Tool Parts exports from Portugal are: Spain ($25.8M), Germany ($22.9M), France ($7.06M), Belgium ($6M), and Italy ($4.27M).

The fastest growing export markets for Interchangeable Tool Parts of Portugal between 2021 and 2022 were Germany ($2.04M), Angola ($923k), and France ($536k).

Imports In 2022, Portugal imported $127M in Interchangeable Tool Parts, becoming the 40th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 191st most imported product in Portugal. Portugal imports Interchangeable Tool Parts primarily from: Spain ($39.3M), Germany ($26M), Belgium ($13.8M), Italy ($11.6M), and China ($7.74M).

The fastest growing import markets in Interchangeable Tool Parts for Portugal between 2021 and 2022 were Spain ($9.22M), Germany ($1.89M), and Italy ($738k).

Latest Trends

Oct 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 Interchangeable Tool Parts. 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)$99.7M
IMPORTS (2022)$127M
NET TRADE (2022)-$27.6M

In 2022, Portugal exported $99.7M in Interchangeable Tool Parts. The main destinations of Portugal exports on Interchangeable Tool Parts were Spain ($25.8M), Germany ($22.9M), France ($7.06M), Belgium ($6M), and Italy ($4.27M).

In 2022, Portugal imported $127M in Interchangeable Tool Parts, mainly from Spain ($39.3M), Germany ($26M), Belgium ($13.8M), Italy ($11.6M), and China ($7.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$2.04M (9.78%)
Angola$923k (72.7%)
France$536k (8.22%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Portugal WERE (2021 - 2022):
Romania-$1.6M (-52.6%)
Belgium-$822k (-12.1%)
Spain-$820k (-3.08%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Portugal's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.34M
TOP IMPORT POTENTIALChina+ $6.84M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $5.34M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $6.84M.

See methodology.

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