2023
Exports
$91.2MWorld Rnk 31 / 212
Flag Rnk 188 / 1213
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$144MWorld Rnk 37 / 223
Flag Rnk 173 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $91.2M in Interchangeable Tool Parts, making it the 31st largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 188th most exported product in Portugal. The main destination of Interchangeable Tool Parts exports from Portugal are: Germany ($18.4M), Spain ($18.3M), United States ($7.34M), France ($5.04M), and Italy ($3.89M).

The fastest growing export markets for Interchangeable Tool Parts of Portugal between 2022 and 2023 were United States ($4.81M), Mexico ($2.07M), and Poland ($1.79M).

Imports In 2023, Portugal imported $144M in Interchangeable Tool Parts, becoming the 37th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 173rd most imported product in Portugal. Portugal imports Interchangeable Tool Parts primarily from: Spain ($39M), Germany ($31.2M), Belgium ($13.2M), Italy ($10.8M), and China ($10.6M).

The fastest growing import markets in Interchangeable Tool Parts for Portugal between 2022 and 2023 were United States ($6.48M), China ($2.68M), and Germany ($2.34M).

Latest Trends

Dec 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 (2023)$91.2M
IMPORTS (2023)$144M
NET TRADE (2023)-$52.6M

In 2023, Portugal exported $91.2M in Interchangeable Tool Parts. The main destinations of Portugal exports on Interchangeable Tool Parts were Germany ($18.4M), Spain ($18.3M), United States ($7.34M), France ($5.04M), and Italy ($3.89M).

In 2023, Portugal imported $144M in Interchangeable Tool Parts, mainly from Spain ($39M), Germany ($31.2M), Belgium ($13.2M), Italy ($10.8M), and China ($10.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United States$4.81M (191%)
Mexico$2.07M (156%)
Poland$1.79M (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Portugal WERE (2022 - 2023):
Germany-$4.16M (-18.4%)
Spain-$2.3M (-11.2%)
France-$935k (-15.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Interchangeable Tool Parts were:
In 2023, 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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