2021
Exports | Imports
$3.11B | $2.98BWorld Rnk 25 / 225
Flag Rnk 2 / 1210
World Rnk 31 / 225
Flag Rnk 3 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
0.99Rnk 173 / 1024

About

Exports In 2021, Portugal exported $3.11B in Motor vehicles; parts and accessories (8701 to 8705), making it the 25th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most exported product in Portugal. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Portugal are: Spain ($1.43B), France ($578M), Germany ($234M), United Kingdom ($148M), and Romania ($88.3M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Portugal between 2020 and 2021 were France ($74.5M), Spain ($61.7M), and Morocco ($16.6M).

Imports In 2021, Portugal imported $2.98B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 31st largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 3rd most imported product in Portugal. Portugal imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Spain ($1.28B), Germany ($643M), France ($209M), Italy ($122M), and Czechia ($120M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Portugal between 2020 and 2021 were Spain ($317M), Germany ($64.8M), and Japan ($53M).

Latest Trends

Dec 2023

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 Motor vehicles; parts and accessories (8701 to 8705). 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 (2021)$3.11B
IMPORTS (2021)$2.98B
NET TRADE (2021)$132M

In 2021, Portugal exported $3.11B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Portugal exports on Motor vehicles; parts and accessories (8701 to 8705) were Spain ($1.43B), France ($578M), Germany ($234M), United Kingdom ($148M), and Romania ($88.3M).

In 2021, Portugal imported $2.98B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Spain ($1.28B), Germany ($643M), France ($209M), Italy ($122M), and Czechia ($120M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
France$74.5M (14.8%)
Spain$61.7M (4.5%)
Morocco$16.6M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Portugal WERE (2020 - 2021):
Germany-$29.6M (-11.2%)
United Kingdom-$26.1M (-15%)
Russia-$10.2M (-68.5%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2021, Portugal's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

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