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2022
Exports | Imports $195M | $91.3MWorld Rnk 28 / 200
Flag Rnk 86 / 1216
World Rnk 43 / 220
Flag Rnk 247 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $37.2M | $6.17MBelgium |  Poland
2022
ECONOMIC COMPLEXITY of Portugal0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Navigation Equipment0.98Rnk 180 / 1025

About

Exports In 2022, Portugal exported $195M in Navigation Equipment, making it the 28th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 86th most exported product in Portugal. The main destination of Navigation Equipment exports from Portugal are: Belgium ($48.4M), Sweden ($44.3M), United Kingdom ($23.3M), France ($18.5M), and United States ($15.8M).

The fastest growing export markets for Navigation Equipment of Portugal between 2021 and 2022 were Belgium ($37.2M), Sweden ($30.1M), and United States ($15M).

Imports In 2022, Portugal imported $91.3M in Navigation Equipment, becoming the 43rd largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 247th most imported product in Portugal. Portugal imports Navigation Equipment primarily from: Poland ($41.4M), Germany ($15.9M), Spain ($8.11M), United States ($5.04M), and Lithuania ($4.37M).

The fastest growing import markets in Navigation Equipment for Portugal between 2021 and 2022 were Poland ($6.17M), United States ($2.08M), and Ireland ($851k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Navigation Equipment 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 Navigation Equipment. 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)$195M
IMPORTS (2022)$91.3M
NET TRADE (2022)$104M

In 2022, Portugal exported $195M in Navigation Equipment. The main destinations of Portugal exports on Navigation Equipment were Belgium ($48.4M), Sweden ($44.3M), United Kingdom ($23.3M), France ($18.5M), and United States ($15.8M).

In 2022, Portugal imported $91.3M in Navigation Equipment, mainly from Poland ($41.4M), Germany ($15.9M), Spain ($8.11M), United States ($5.04M), and Lithuania ($4.37M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Belgium$37.2M (332%)
Sweden$30.1M (213%)
United States$15M (1.94k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Portugal WERE (2021 - 2022):
Turkey-$12.9M (-91.1%)
Spain-$6.84M (-52.3%)
Germany-$6.07M (-29.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Navigation Equipment were:
China $3.22B
United States $2.61B
Germany $1.95B
In 2022, Portugal's main importing competitors in Navigation Equipment were:
United States $3.89B
Germany $1.74B
China $1.5B

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

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