Interchangeable Tool Parts in Portugal

2019
Exports | Imports
: $90.9M | $123M, World Rnk 33 / 207
Flag Rnk 152 / 1208 | World Rnk 38 / 221
Flag Rnk 160 / 1210

2019
Destination | Origin
: $23.1M | $30M, Spain | Spain

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $1.59M | $706k, Czechia |  Turkey

2019
ECONOMIC COMPLEXITY of Portugal
: 0.56, Rnk 49 / 157

2019
PRODUCT COMPLEXITY  IN Interchangeable Tool Parts
: 1.78, Rnk 21 / 1029

Exports: In 2019, Portugal exported $90.9M 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 152nd most exported product in Portugal. The main destination of Interchangeable Tool Parts exports from Portugal are: Spain ($23.1M), Germany ($20.7M), France ($8.11M), Belgium ($4.63M), and United States ($3.54M).

The fastest growing export markets for Interchangeable Tool Parts of Portugal between 2018 and 2019 were Czechia ($1.59M), United Kingdom ($718k), and France ($683k).

Imports: In 2019, Portugal imported $123M in Interchangeable Tool Parts, becoming the 38th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 160th most imported product in Portugal. Portugal imports Interchangeable Tool Parts primarily from: Spain ($30M), Germany ($25.9M), Belgium ($13.5M), Italy ($13.5M), and France ($7.75M).

The fastest growing import markets in Interchangeable Tool Parts for Portugal between 2018 and 2019 were Turkey ($706k), Netherlands ($292k), and Czechia ($218k).

Tariffs: In 2017, the average tariff for Portugal in Interchangeable Tool Parts was 0.8%. The countries with the highest import tariffs for Interchangeable Tool Parts were Western Sahara (2.7%), Gabon (2.7%), Libya (2.7%), Mayotte (2.7%), and Reunion (2.7%).

Value

EXPORTS (2019): $90.9M

IMPORTS (2019): $123M

NET TRADE (2019): -$32.2M

In 2019, Portugal exported $90.9M in Interchangeable Tool Parts. The main destinations of Portugal exports on Interchangeable Tool Parts were Spain ($23.1M), Germany ($20.7M), France ($8.11M), Belgium ($4.63M), and United States ($3.54M).

In 2019, Portugal imported $123M in Interchangeable Tool Parts, mainly from Spain ($30M), Germany ($25.9M), Belgium ($13.5M), Italy ($13.5M), and France ($7.75M).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Interchangeable Tool Parts WITH:

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Interchangeable Tool Parts WITH:

Flow

THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Portugal WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Portugal's main exporting competitors in Interchangeable Tool Parts were:

In 2018, Portugal's main importing competitors in Interchangeable Tool Parts were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Interchangeable Tool Parts was 0.8%.

The countries with the highest tariffs for Interchangeable Tool Parts in Portugal were Western Sahara (2.7%), Gabon (2.7%), Libya (2.7%), Mayotte (2.7%), and Reunion (2.7%).

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