2021
Exports | Imports
$184M | $32.1MWorld Rnk 8 / 157
Flag Rnk 91 / 1210
World Rnk 31 / 198
Flag Rnk 436 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Knitting Machine Accessories
1.53Rnk 44 / 1024

About

Exports In 2021, Portugal exported $184M in Knitting Machine Accessories, making it the 8th largest exporter of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 91st most exported product in Portugal. The main destination of Knitting Machine Accessories exports from Portugal are: Singapore ($71M), China ($50.3M), Germany ($26.3M), Turkey ($8.83M), and United States ($4.39M).

The fastest growing export markets for Knitting Machine Accessories of Portugal between 2020 and 2021 were China ($48.5M), Singapore ($20M), and Germany ($2.9M).

Imports In 2021, Portugal imported $32.1M in Knitting Machine Accessories, becoming the 31st largest importer of Knitting Machine Accessories in the world. At the same year, Knitting Machine Accessories was the 436th most imported product in Portugal. Portugal imports Knitting Machine Accessories primarily from: Germany ($14.1M), France ($4.86M), Italy ($4.1M), Spain ($2.4M), and Finland ($1.57M).

The fastest growing import markets in Knitting Machine Accessories for Portugal between 2020 and 2021 were Germany ($1.99M), France ($1.75M), and Finland ($1.53M).

Latest Trends

Dec 2023

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
EXPORTS (2021)$184M
IMPORTS (2021)$32.1M
NET TRADE (2021)$152M

In 2021, Portugal exported $184M in Knitting Machine Accessories. The main destinations of Portugal exports on Knitting Machine Accessories were Singapore ($71M), China ($50.3M), Germany ($26.3M), Turkey ($8.83M), and United States ($4.39M).

In 2021, Portugal imported $32.1M in Knitting Machine Accessories, mainly from Germany ($14.1M), France ($4.86M), Italy ($4.1M), Spain ($2.4M), and Finland ($1.57M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Knitting Machine Accessories EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
China$48.5M (2.67k%)
Singapore$20M (39.3%)
Germany$2.9M (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machine Accessories BY Portugal WERE (2020 - 2021):
Mexico-$472k (-75.9%)
Poland-$302k (-72.9%)
Indonesia-$301k (-16.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Knitting Machine Accessories were:
Germany $1.11B
China $905M
Italy $411M
In 2021, Portugal's main importing competitors in Knitting Machine Accessories were:

Explore Visualizations

Trade Value of Knitting Machine Accessories by Exporters

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