2021
Exports | Imports
$99.2M | $122MWorld Rnk 31 / 212
Flag Rnk 160 / 1210
World Rnk 39 / 223
Flag Rnk 181 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.67Rnk 25 / 1024

About

Exports In 2021, Portugal exported $99.2M 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 160th most exported product in Portugal. The main destination of Interchangeable Tool Parts exports from Portugal are: Spain ($26.8M), Germany ($20.8M), Belgium ($6.82M), France ($6.57M), and Italy ($3.81M).

The fastest growing export markets for Interchangeable Tool Parts of Portugal between 2020 and 2021 were Germany ($2.86M), United States ($2.51M), and Belgium ($2.41M).

Imports In 2021, Portugal imported $122M in Interchangeable Tool Parts, becoming the 39th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 181st most imported product in Portugal. Portugal imports Interchangeable Tool Parts primarily from: Spain ($30.1M), Germany ($24.1M), Belgium ($18.8M), Italy ($10.9M), and China ($8.45M).

The fastest growing import markets in Interchangeable Tool Parts for Portugal between 2020 and 2021 were Belgium ($6.1M), Spain ($2.41M), and Japan ($1.9M).

Latest Trends

Dec 2023

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 (2021)$99.2M
IMPORTS (2021)$122M
NET TRADE (2021)-$23.1M

In 2021, Portugal exported $99.2M in Interchangeable Tool Parts. The main destinations of Portugal exports on Interchangeable Tool Parts were Spain ($26.8M), Germany ($20.8M), Belgium ($6.82M), France ($6.57M), and Italy ($3.81M).

In 2021, Portugal imported $122M in Interchangeable Tool Parts, mainly from Spain ($30.1M), Germany ($24.1M), Belgium ($18.8M), Italy ($10.9M), and China ($8.45M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
Germany$2.86M (15.9%)
United States$2.51M (303%)
Belgium$2.41M (54.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Portugal WERE (2020 - 2021):
Mexico-$5.72M (-74.3%)
Russia-$239k (-52.2%)
Hong Kong-$190k (-69.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Interchangeable Tool Parts were:
China $4.8B
Germany $4.33B
Japan $2.03B
In 2021, Portugal's main importing competitors in Interchangeable Tool Parts were:

Explore Visualizations

Trade Value of Interchangeable Tool Parts by Exporters

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