2022
Exports
$177MWorld Rnk 11 / 179
Flag Rnk 97 / 1216
2022
PRODUCT COMPLEXITY IN Iron Cloth
-0.056Rnk 564 / 1025
2022
Imports
$50.9MWorld Rnk 40 / 221
Flag Rnk 363 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $177M in Iron Cloth, making it the 11th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 97th most exported product in Portugal. The main destination of Iron Cloth exports from Portugal are: United Kingdom ($48.4M), France ($40.6M), Spain ($35.2M), Ireland ($15.6M), and Norway ($10.1M).

The fastest growing export markets for Iron Cloth of Portugal between 2021 and 2022 were Netherlands ($5.98M), Norway ($5.91M), and Spain ($2.75M).

Imports In 2022, Portugal imported $50.9M in Iron Cloth, becoming the 40th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 363rd most imported product in Portugal. Portugal imports Iron Cloth primarily from: Spain ($33.5M), Italy ($4.17M), China ($3.72M), Belgium ($3.11M), and Netherlands ($1.99M).

The fastest growing import markets in Iron Cloth for Portugal between 2021 and 2022 were Netherlands ($943k), Belgium ($783k), and Poland ($477k).

COMPANIES In 2023, leading companies such as Home Depot (3) were at the forefront of shipping Iron Cloth from Portugal to the United States.

Latest Trends

Sep 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 Iron Cloth. 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)$177M
IMPORTS (2022)$50.9M
NET TRADE (2022)$126M

In 2022, Portugal exported $177M in Iron Cloth. The main destinations of Portugal exports on Iron Cloth were United Kingdom ($48.4M), France ($40.6M), Spain ($35.2M), Ireland ($15.6M), and Norway ($10.1M).

In 2022, Portugal imported $50.9M in Iron Cloth, mainly from Spain ($33.5M), Italy ($4.17M), China ($3.72M), Belgium ($3.11M), and Netherlands ($1.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$5.98M (1.97k%)
Norway$5.91M (141%)
Spain$2.75M (8.46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Portugal WERE (2021 - 2022):
United Kingdom-$7.47M (-13.4%)
France-$1.23M (-2.93%)
Sweden-$1.07M (-39.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Iron Cloth were:
China $2.36B
Italy $728M
In 2022, Portugal's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.93M
TOP IMPORT POTENTIALChina+ $2.91M

Iron Cloth’s highest export potential is Germany. With an export gap of $3.93M.   Iron Cloth’s highest import potential is China with an import gap of $2.91M.

See methodology.

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