2023
Exports
$13.2MWorld Rnk 24 / 158
Flag Rnk 512 / 1213
2023
PRODUCT COMPLEXITY IN Mill Machinery
0.44Rnk 391 / 1025
2023
Imports
$4.59MWorld Rnk 93 / 199
Flag Rnk 878 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $13.2M in Mill Machinery, making it the 24th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 512th most exported product in Portugal. The main destination of Mill Machinery exports from Portugal are: Angola ($12.1M), France ($548k), Spain ($161k), Mozambique ($66.2k), and Brazil ($44.5k).

The fastest growing export markets for Mill Machinery of Portugal between 2022 and 2023 were Angola ($7.53M), France ($80.6k), and Algeria ($38.3k).

Imports In 2023, Portugal imported $4.59M in Mill Machinery, becoming the 93rd largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 878th most imported product in Portugal. Portugal imports Mill Machinery primarily from: Spain ($1.86M), Turkey ($603k), Germany ($366k), Canada ($333k), and Italy ($209k).

The fastest growing import markets in Mill Machinery for Portugal between 2022 and 2023 were Turkey ($597k), United States ($179k), and Czechia ($86.9k).

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 Mill 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)$13.2M
IMPORTS (2023)$4.59M
NET TRADE (2023)$8.61M

In 2023, Portugal exported $13.2M in Mill Machinery. The main destinations of Portugal exports on Mill Machinery were Angola ($12.1M), France ($548k), Spain ($161k), Mozambique ($66.2k), and Brazil ($44.5k).

In 2023, Portugal imported $4.59M in Mill Machinery, mainly from Spain ($1.86M), Turkey ($603k), Germany ($366k), Canada ($333k), and Italy ($209k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Angola$7.53M (163%)
France$80.6k (17.3%)
Algeria$38.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Portugal WERE (2022 - 2023):
Germany-$66.6k (-86.2%)
Cape Verde-$32.5k (-87%)
Switzerland-$31.5k (-94.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Mill Machinery were:
China $694M
Italy $209M
In 2023, Portugal's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $113k
TOP IMPORT POTENTIALChina+ $336k

Mill Machinery’s highest export potential is Spain. With an export gap of $113k.   Mill Machinery’s highest import potential is China with an import gap of $336k.

See methodology.

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