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2022
Exports $282MWorld Rnk 32 / 224
Flag Rnk 51 / 96
2022
Destination $24.9M France
2021 - 2022
FASTEST GROWING MARKET $24.9MFrance
2022
PRODUCT COMPLEXITY IN Leather articles-0.063Rnk 569 / 1025
2022
Imports $526MWorld Rnk 34 / 225
Flag Rnk 44 / 96
2022
Origin $50.9M Spain
2021 - 2022
FASTEST GROWING ORIGIN $50.9MChina
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $282M in Leather articles, making it the 32nd largest exporter of Leather articles in the world. At the same year, Leather articles was the 51st most exported product in Portugal. The main destination of Leather articles exports from Portugal are: France ($85.7M), Spain ($65.2M), Turkey ($32.8M), United States ($15M), and Italy ($10M).

The fastest growing export markets for Leather articles of Portugal between 2021 and 2022 were France ($24.9M), Turkey ($3.9M), and Switzerland ($3.2M).

Imports In 2022, Portugal imported $526M in Leather articles, becoming the 34th largest importer of Leather articles in the world. At the same year, Leather articles was the 44th most imported product in Portugal. Portugal imports Leather articles primarily from: Spain ($151M), China ($124M), France ($55.1M), Italy ($49M), and Netherlands ($23.2M).

The fastest growing import markets in Leather articles for Portugal between 2021 and 2022 were China ($50.9M), Spain ($31.6M), and France ($17M).

COMPANIES In 2023, leading companies such as Home Depot (72), Conair (4), and At Home Procurement (2) were at the forefront of shipping Leather articles from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Leather articles exports accounted up to €23.1M and imports accounted up to €62.6M, resulting in a negative trade balance of €39.4M. Between August 2023 and August 2024 the exports of Portugal's   Leather articles have increased by €806k (3.61%) from €22.3M to €23.1M, while imports increased by €15.8M (33.8%) from €46.8M to €62.6M.

Destinations In August 2024, Leather articles were exported mostly to France (€8.3M), Spain (€7.31M), Italy (€1.33M), United States (€801k), and Romania (€773k), and were imported mostly from Spain (€28.8M), China (€9.88M), France (€5.03M), Italy (€3.94M), and Germany (€2.23M).

Growth In August 2024, the increase in Leather articles's year-by-year exports was explained primarily by an increase in exports to France (€4.77M or 85.8%), Spain (€1.79M or 37.4%), and Italy (€381k or 82.9%). In August 2024, the increase in Leather articles's year-by-year imports was explained primarily by an increase in imports from Spain (€7.68M or 84.7%), China (€3.99M or 93.6%), and Italy (€1.8M or 71.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€806k(3.61%)
IMPORT GROWTH (August 2023 - August 2024)€15.8M(33.8%)
MAIN DESTINATION (August 2024)France€8.3M

This section shows Leather articles's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Leather articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$282M
IMPORTS (2022)$526M
NET TRADE (2022)-$244M

In 2022, Portugal exported $282M in Leather articles. The main destinations of Portugal exports on Leather articles were France ($85.7M), Spain ($65.2M), Turkey ($32.8M), United States ($15M), and Italy ($10M).

In 2022, Portugal imported $526M in Leather articles, mainly from Spain ($151M), China ($124M), France ($55.1M), Italy ($49M), and Netherlands ($23.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$24.9M (41%)
Turkey$3.9M (13.5%)
Switzerland$3.2M (70.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Portugal WERE (2021 - 2022):
United States-$3.21M (-17.6%)
Morocco-$2.29M (-41%)
Italy-$1.86M (-15.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Portugal's main importing competitors in Leather articles were:
United States $17.2B
Germany $5.8B
Japan $5.41B

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $12M
TOP IMPORT POTENTIALChina+ $40.1M

Leather articles’s highest export potential is Spain. With an export gap of $12M.   Leather articles’s highest import potential is China with an import gap of $40.1M.

See methodology.

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