2022
Exports | Imports
$781k | $9.11MWorld Rnk 49 / 100
Flag Rnk 942 / 1216
World Rnk 46 / 168
Flag Rnk 755 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Magnesium
1.04Rnk 162 / 1025

About

Exports In 2022, Portugal exported $781k in Magnesium, making it the 49th largest exporter of Magnesium in the world. At the same year, Magnesium was the 942nd most exported product in Portugal. The main destination of Magnesium exports from Portugal are: Spain ($554k), France ($117k), Angola ($40.5k), Mozambique ($36.2k), and Gibraltar ($8.54k).

The fastest growing export markets for Magnesium of Portugal between 2021 and 2022 were France ($116k), Mozambique ($36.2k), and Angola ($29.4k).

Imports In 2022, Portugal imported $9.11M in Magnesium, becoming the 46th largest importer of Magnesium in the world. At the same year, Magnesium was the 755th most imported product in Portugal. Portugal imports Magnesium primarily from: China ($6.32M), Austria ($1.37M), Germany ($387k), Spain ($377k), and France ($221k).

The fastest growing import markets in Magnesium for Portugal between 2021 and 2022 were China ($3.05M), Austria ($456k), and France ($149k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Magnesium from Portugal to the United States.

Latest Trends

Feb 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 Magnesium. 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 (2022)$781k
IMPORTS (2022)$9.11M
NET TRADE (2022)-$8.33M

In 2022, Portugal exported $781k in Magnesium. The main destinations of Portugal exports on Magnesium were Spain ($554k), France ($117k), Angola ($40.5k), Mozambique ($36.2k), and Gibraltar ($8.54k).

In 2022, Portugal imported $9.11M in Magnesium, mainly from China ($6.32M), Austria ($1.37M), Germany ($387k), Spain ($377k), and France ($221k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$116k (7.79k%)
Mozambique$36.2k (1%)
Angola$29.4k (265%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Portugal WERE (2021 - 2022):
Saudi Arabia-$30.6k (-100%)
Ireland-$17.3k (-77%)
Morocco-$6.98k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Magnesium were:
China $2.46B
In 2022, Portugal's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

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