2022
Exports
$5.41BWorld Rnk 39 / 226
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$9.05BWorld Rnk 45 / 226
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $5.41B in Machinery, mechanical appliances, & parts, making it the 39th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 3rd most exported product in Portugal. The main destination of Machinery, mechanical appliances, & parts exports from Portugal are: Spain ($1.11B), Germany ($890M), France ($532M), Angola ($294M), and United Kingdom ($268M).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Portugal between 2021 and 2022 were Angola ($103M), Romania ($25.6M), and Belgium ($21.9M).

Imports In 2022, Portugal imported $9.05B in Machinery, mechanical appliances, & parts, becoming the 45th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 4th most imported product in Portugal. Portugal imports Machinery, mechanical appliances, & parts primarily from: Spain ($2.14B), Germany ($1.59B), Italy ($939M), China ($708M), and France ($609M).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Portugal between 2021 and 2022 were Singapore ($86.3M), France ($76.3M), and Hungary ($31.9M).

COMPANIES In 2023, leading companies such as John Deere (82), IKEA Group (52), and Home Depot (48) were at the forefront of shipping Machinery, mechanical appliances, & parts from Portugal to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-118M(-22.3%)
IMPORT GROWTH (March 2023 - March 2024)€-63.8M(-8.04%)
MAIN DESTINATION (March 2024)Germany€82.8M

This section shows Machinery, mechanical appliances, & parts'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 Machinery, mechanical appliances, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.41B
IMPORTS (2022)$9.05B
NET TRADE (2022)-$3.64B

In 2022, Portugal exported $5.41B in Machinery, mechanical appliances, & parts. The main destinations of Portugal exports on Machinery, mechanical appliances, & parts were Spain ($1.11B), Germany ($890M), France ($532M), Angola ($294M), and United Kingdom ($268M).

In 2022, Portugal imported $9.05B in Machinery, mechanical appliances, & parts, mainly from Spain ($2.14B), Germany ($1.59B), Italy ($939M), China ($708M), and France ($609M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$103M (53.7%)
Romania$25.6M (38.1%)
Belgium$21.9M (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Portugal WERE (2021 - 2022):
United Kingdom-$264M (-49.6%)
Hong Kong-$38.6M (-83.3%)
Italy-$29.7M (-15.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, Portugal's main importing competitors in Machinery, mechanical appliances, & parts were:

Explore Visualizations

Trade Value of Machinery, mechanical appliances, & parts by Exporters

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