2023
Exports
$3.65MWorld Rnk 50 / 168
Flag Rnk 728 / 1213
2023
PRODUCT COMPLEXITY IN Iron Nails
-0.52Rnk 709 / 1025
2023
Imports
$11.1MWorld Rnk 46 / 220
Flag Rnk 713 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $3.65M in Iron Nails, making it the 50th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 728th most exported product in Portugal. The main destination of Iron Nails exports from Portugal are: Spain ($825k), Switzerland ($413k), Guinea-Bissau ($351k), Czechia ($259k), and Germany ($238k).

The fastest growing export markets for Iron Nails of Portugal between 2022 and 2023 were Switzerland ($341k), Czechia ($248k), and Algeria ($87.4k).

Imports In 2023, Portugal imported $11.1M in Iron Nails, becoming the 46th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 713th most imported product in Portugal. Portugal imports Iron Nails primarily from: Spain ($5.76M), France ($1.12M), China ($831k), Turkey ($808k), and Italy ($509k).

The fastest growing import markets in Iron Nails for Portugal between 2022 and 2023 were Netherlands ($175k), France ($149k), and Germany ($29k).

COMPANIES In 2023, leading companies such as Continental Materials (4) were at the forefront of shipping Iron Nails from Portugal to the United States.

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 Iron Nails. 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)$3.65M
IMPORTS (2023)$11.1M
NET TRADE (2023)-$7.46M

In 2023, Portugal exported $3.65M in Iron Nails. The main destinations of Portugal exports on Iron Nails were Spain ($825k), Switzerland ($413k), Guinea-Bissau ($351k), Czechia ($259k), and Germany ($238k).

In 2023, Portugal imported $11.1M in Iron Nails, mainly from Spain ($5.76M), France ($1.12M), China ($831k), Turkey ($808k), and Italy ($509k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Switzerland$341k (475%)
Czechia$248k (2.16k%)
Algeria$87.4k (833%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Portugal WERE (2022 - 2023):
Guinea-Bissau-$519k (-59.6%)
France-$334k (-72.1%)
Israel-$297k (-86.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Iron Nails were:
China $1.33B
In 2023, Portugal's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $295k
TOP IMPORT POTENTIALChina+ $1.35M

Iron Nails’s highest export potential is Spain. With an export gap of $295k.   Iron Nails’s highest import potential is China with an import gap of $1.35M.

See methodology.

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