2022
Exports
$947MWorld Rnk 15 / 226
Flag Rnk 14 / 1216
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$284MWorld Rnk 36 / 223
Flag Rnk 85 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $947M in Knit T-shirts, making it the 15th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 14th most exported product in Portugal. The main destination of Knit T-shirts exports from Portugal are: Spain ($281M), France ($158M), Germany ($108M), Italy ($101M), and United Kingdom ($71.6M).

The fastest growing export markets for Knit T-shirts of Portugal between 2021 and 2022 were United Kingdom ($22.3M), France ($15.6M), and Japan ($6.22M).

Imports In 2022, Portugal imported $284M in Knit T-shirts, becoming the 36th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 85th most imported product in Portugal. Portugal imports Knit T-shirts primarily from: Spain ($127M), France ($28.3M), Bangladesh ($27.8M), Italy ($24.5M), and Germany ($19.9M).

The fastest growing import markets in Knit T-shirts for Portugal between 2021 and 2022 were Spain ($19.8M), Bangladesh ($10.5M), and Belgium ($4.95M).

COMPANIES In 2023, leading companies such as Gildan Activewear (16), Porsche (12), and Athleta (12) were at the forefront of shipping Knit T-shirts 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 T-shirts. 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)$947M
IMPORTS (2022)$284M
NET TRADE (2022)$663M

In 2022, Portugal exported $947M in Knit T-shirts. The main destinations of Portugal exports on Knit T-shirts were Spain ($281M), France ($158M), Germany ($108M), Italy ($101M), and United Kingdom ($71.6M).

In 2022, Portugal imported $284M in Knit T-shirts, mainly from Spain ($127M), France ($28.3M), Bangladesh ($27.8M), Italy ($24.5M), and Germany ($19.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$22.3M (45.2%)
France$15.6M (11%)
Japan$6.22M (501%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Portugal WERE (2021 - 2022):
Spain-$61.6M (-18%)
Netherlands-$9.11M (-16.6%)
United Arab Emirates-$5.32M (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Knit T-shirts were:
In 2022, Portugal's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.7M
TOP IMPORT POTENTIALBangladesh+ $18.9M

Knit T-shirts’s highest export potential is United States. With an export gap of $37.7M.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $18.9M.

See methodology.

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