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falsefalse Singapore
2021 - 2022
FASTEST GROWING MARKETfalseGermany
2022
PRODUCT COMPLEXITY IN Knitting Machine Accessories1.56Rnk 40 / 1025
2022
ImportsfalseWorld Rnk 32 / 202
Flag Rnk 500 / 1216
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported N/A in Knitting Machine Accessories, making it the 10th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 98th most exported product in Portugal. The main destination of Knitting Machine Accessories exports from Portugal are: Singapore ($63.4M), China ($47.9M), Germany ($28.6M), Turkey ($9.91M), and United States ($5.67M).

The fastest growing export markets for Knitting Machine Accessories of Portugal between 2021 and 2022 were Germany ($2.27M), United States ($1.29M), and Turkey ($1.08M).

Imports In 2022, Portugal imported $26.3M in Knitting Machine Accessories, becoming the 32nd largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 500th most imported product in Portugal. Portugal imports Knitting Machine Accessories primarily from: Germany ($12M), France ($3.22M), Spain ($2.82M), Italy ($2.55M), and Switzerland ($1.14M).

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 Knitting Machine Accessories. 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
IMPORTS (2022)$26.3M

In N/A, Portugal exported N/A in Knitting Machine Accessories. The main destinations of Portugal exports on Knitting Machine Accessories were Singapore ($63.4M), China ($47.9M), Germany ($28.6M), Turkey ($9.91M), and United States ($5.67M).

In 2022, Portugal imported $26.3M in Knitting Machine Accessories, mainly from Germany ($12M), France ($3.22M), Spain ($2.82M), Italy ($2.55M), and Switzerland ($1.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$2.27M (8.63%)
United States$1.29M (29.4%)
Turkey$1.08M (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Portugal WERE (2021 - 2022):
Singapore-$7.51M (-10.6%)
China-$2.33M (-4.63%)
Brazil-$1.54M (-55.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Knitting Machine Accessories were:
China $956M
Germany $952M
Italy $391M
In 2022, Portugal's main importing competitors in Knitting Machine Accessories were:
China $856M
India $548M
Germany $490M

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Trade Value of Knitting Machine Accessories by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $3.05M
TOP IMPORT POTENTIALChina+ $908k

Knitting Machine Accessories’s highest export potential is United States. With an export gap of $3.05M.   Knitting Machine Accessories’s highest import potential is China with an import gap of $908k.

See methodology.

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