2022
Exports
$192MWorld Rnk 46 / 224
Flag Rnk 87 / 1216
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$561MWorld Rnk 40 / 225
Flag Rnk 28 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $192M in Medical Instruments, making it the 46th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 87th most exported product in Portugal. The main destination of Medical Instruments exports from Portugal are: Angola ($46.7M), Spain ($33.6M), Netherlands ($22.1M), France ($15M), and Germany ($13.8M).

The fastest growing export markets for Medical Instruments of Portugal between 2021 and 2022 were Angola ($11.7M), United States ($4.68M), and Belgium ($1.24M).

Imports In 2022, Portugal imported $561M in Medical Instruments, becoming the 40th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 28th most imported product in Portugal. Portugal imports Medical Instruments primarily from: Spain ($184M), Germany ($112M), Netherlands ($101M), Belgium ($39.9M), and France ($23.7M).

The fastest growing import markets in Medical Instruments for Portugal between 2021 and 2022 were Spain ($3.05M), Israel ($1.86M), and Italy ($1.69M).

Latest Trends

Jul 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 Medical Instruments. 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)$192M
IMPORTS (2022)$561M
NET TRADE (2022)-$369M

In 2022, Portugal exported $192M in Medical Instruments. The main destinations of Portugal exports on Medical Instruments were Angola ($46.7M), Spain ($33.6M), Netherlands ($22.1M), France ($15M), and Germany ($13.8M).

In 2022, Portugal imported $561M in Medical Instruments, mainly from Spain ($184M), Germany ($112M), Netherlands ($101M), Belgium ($39.9M), and France ($23.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$11.7M (33.5%)
United States$4.68M (155%)
Belgium$1.24M (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Portugal WERE (2021 - 2022):
Switzerland-$2.12M (-17.8%)
Netherlands-$1.83M (-7.63%)
Iran-$1.29M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Medical Instruments were:
In 2022, Portugal's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $16.4M
TOP IMPORT POTENTIALGermany+ $22.1M

Medical Instruments’s highest export potential is Spain. With an export gap of $16.4M.   Medical Instruments’s highest import potential is Germany with an import gap of $22.1M.

See methodology.

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