2023
Exports
$15.6MWorld Rnk 36 / 197
Flag Rnk 482 / 1213
2023
PRODUCT COMPLEXITY IN Iron Springs
0.93Rnk 197 / 1025
2023
Imports
$46.1MWorld Rnk 32 / 218
Flag Rnk 389 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $15.6M in Iron Springs, making it the 36th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 482nd most exported product in Portugal. The main destination of Iron Springs exports from Portugal are: Germany ($5.28M), Hungary ($2.01M), Spain ($1.8M), Czechia ($830k), and Slovenia ($679k).

The fastest growing export markets for Iron Springs of Portugal between 2022 and 2023 were Spain ($715k), Slovenia ($510k), and Austria ($223k).

Imports In 2023, Portugal imported $46.1M in Iron Springs, becoming the 32nd largest importer of Iron Springs in the world. At the same year, Iron Springs was the 389th most imported product in Portugal. Portugal imports Iron Springs primarily from: Germany ($16.8M), Spain ($13.3M), Slovakia ($3.58M), France ($2.13M), and Belgium ($1.75M).

The fastest growing import markets in Iron Springs for Portugal between 2022 and 2023 were Germany ($6M), Slovakia ($3.57M), and Spain ($1.6M).

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 Springs. 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)$15.6M
IMPORTS (2023)$46.1M
NET TRADE (2023)-$30.5M

In 2023, Portugal exported $15.6M in Iron Springs. The main destinations of Portugal exports on Iron Springs were Germany ($5.28M), Hungary ($2.01M), Spain ($1.8M), Czechia ($830k), and Slovenia ($679k).

In 2023, Portugal imported $46.1M in Iron Springs, mainly from Germany ($16.8M), Spain ($13.3M), Slovakia ($3.58M), France ($2.13M), and Belgium ($1.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$715k (65.7%)
Slovenia$510k (302%)
Austria$223k (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Portugal WERE (2022 - 2023):
Czechia-$704k (-45.9%)
Germany-$528k (-9.1%)
Italy-$254k (-38.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Iron Springs were:
In 2023, Portugal's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $819k
TOP IMPORT POTENTIALJapan+ $735k

Iron Springs’s highest export potential is Spain. With an export gap of $819k.   Iron Springs’s highest import potential is Japan with an import gap of $735k.

See methodology.

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