2023
Exports
$136MWorld Rnk 31 / 184
Flag Rnk 122 / 1213
2023
PRODUCT COMPLEXITY IN Lifting Machinery
1.09Rnk 149 / 1025
2023
Imports
$187MWorld Rnk 43 / 222
Flag Rnk 141 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $136M in Lifting Machinery, making it the 31st largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 122nd most exported product in Portugal. The main destination of Lifting Machinery exports from Portugal are: Spain ($29.7M), France ($22.8M), United States ($20.2M), Mexico ($5.15M), and Germany ($4.79M).

The fastest growing export markets for Lifting Machinery of Portugal between 2022 and 2023 were Spain ($25.9M), France ($16.6M), and United States ($12.5M).

Imports In 2023, Portugal imported $187M in Lifting Machinery, becoming the 43rd largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 141st most imported product in Portugal. Portugal imports Lifting Machinery primarily from: Spain ($70.6M), Italy ($20.3M), Netherlands ($16.6M), Germany ($11.4M), and Sweden ($10.8M).

The fastest growing import markets in Lifting Machinery for Portugal between 2022 and 2023 were Spain ($10.9M), Italy ($10.8M), and Netherlands ($7.43M).

COMPANIES In 2023, leading companies such as Steve Silver (4) were at the forefront of shipping Lifting Machinery from Portugal to the United States.

Latest Trends

Dec 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 Lifting Machinery. 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 (2023)$136M
IMPORTS (2023)$187M
NET TRADE (2023)-$51.2M

In 2023, Portugal exported $136M in Lifting Machinery. The main destinations of Portugal exports on Lifting Machinery were Spain ($29.7M), France ($22.8M), United States ($20.2M), Mexico ($5.15M), and Germany ($4.79M).

In 2023, Portugal imported $187M in Lifting Machinery, mainly from Spain ($70.6M), Italy ($20.3M), Netherlands ($16.6M), Germany ($11.4M), and Sweden ($10.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$25.9M (689%)
France$16.6M (271%)
United States$12.5M (162%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Portugal WERE (2022 - 2023):
Mexico-$4.26M (-45.3%)
United Kingdom-$3.63M (-50.4%)
Indonesia-$1.9M (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Lifting Machinery were:
China $7.77B
Italy $2.7B
In 2023, Portugal's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.61M
TOP IMPORT POTENTIALGermany+ $7.86M

Lifting Machinery’s highest export potential is United States. With an export gap of $7.61M.   Lifting Machinery’s highest import potential is Germany with an import gap of $7.86M.

See methodology.

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