2022
Exports
$139MWorld Rnk 23 / 207
Flag Rnk 128 / 1216
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$59MWorld Rnk 47 / 221
Flag Rnk 331 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $139M in Knit Men's Suits, making it the 23rd largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 128th most exported product in Portugal. The main destination of Knit Men's Suits exports from Portugal are: France ($21.5M), Spain ($21.5M), United Kingdom ($20.8M), Italy ($19M), and Germany ($10.6M).

The fastest growing export markets for Knit Men's Suits of Portugal between 2021 and 2022 were France ($8.43M), Belgium ($2.03M), and Kuwait ($1.97M).

Imports In 2022, Portugal imported $59M in Knit Men's Suits, becoming the 47th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 331st most imported product in Portugal. Portugal imports Knit Men's Suits primarily from: Spain ($25.8M), Italy ($5.81M), Belgium ($5.64M), France ($5.48M), and Pakistan ($2.91M).

The fastest growing import markets in Knit Men's Suits for Portugal between 2021 and 2022 were Belgium ($4.08M), Bangladesh ($1.48M), and Netherlands ($822k).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) were at the forefront of shipping Knit Men's Suits 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 Knit Men's Suits. 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)$139M
IMPORTS (2022)$59M
NET TRADE (2022)$79.6M

In 2022, Portugal exported $139M in Knit Men's Suits. The main destinations of Portugal exports on Knit Men's Suits were France ($21.5M), Spain ($21.5M), United Kingdom ($20.8M), Italy ($19M), and Germany ($10.6M).

In 2022, Portugal imported $59M in Knit Men's Suits, mainly from Spain ($25.8M), Italy ($5.81M), Belgium ($5.64M), France ($5.48M), and Pakistan ($2.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$8.43M (64.5%)
Belgium$2.03M (155%)
Kuwait$1.97M (331%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Portugal WERE (2021 - 2022):
Spain-$4.46M (-17.2%)
United States-$2.47M (-20.9%)
Germany-$892k (-7.79%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Knit Men's Suits were:
In 2022, Portugal's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.19M
TOP IMPORT POTENTIALChina+ $2.85M

Knit Men's Suits’s highest export potential is United States. With an export gap of $7.19M.   Knit Men's Suits’s highest import potential is China with an import gap of $2.85M.

See methodology.

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