2022
Exports | Imports
$2.99B | $2.95BWorld Rnk 25 / 226
Flag Rnk 3 / 1216
World Rnk 32 / 225
Flag Rnk 5 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.07Rnk 149 / 1025

About

Exports In 2022, Portugal exported $2.99B 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 3rd most exported product in Portugal. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Portugal are: Spain ($1.35B), France ($414M), Germany ($282M), United Kingdom ($125M), and Romania ($114M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Portugal between 2021 and 2022 were Germany ($47.6M), Romania ($25.7M), and Slovakia ($17.7M).

Imports In 2022, Portugal imported $2.95B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 32nd 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 5th most imported product in Portugal. Portugal imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Spain ($1.19B), Germany ($607M), France ($275M), Czechia ($151M), and Italy ($106M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Portugal between 2021 and 2022 were France ($66.1M), Czechia ($33.3M), and Turkey ($20.3M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (20), ZF CV SYSTEMS NORTH AMERICA LLC (5), and HARDINGER (SOUTH) WAREHOUSE (1) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) 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 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 (2022)$2.99B
IMPORTS (2022)$2.95B
NET TRADE (2022)$33.4M

In 2022, Portugal exported $2.99B 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 ($1.35B), France ($414M), Germany ($282M), United Kingdom ($125M), and Romania ($114M).

In 2022, Portugal imported $2.95B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Spain ($1.19B), Germany ($607M), France ($275M), Czechia ($151M), and Italy ($106M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$47.6M (20.3%)
Romania$25.7M (29.1%)
Slovakia$17.7M (25.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Portugal WERE (2021 - 2022):
France-$160M (-27.9%)
Spain-$66.9M (-4.71%)
United Kingdom-$20.3M (-13.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, 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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