2022
Exports
$2.03MWorld Rnk 28 / 95
Flag Rnk 814 / 1216
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$51.7MWorld Rnk 22 / 178
Flag Rnk 361 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.03M in Nitrile Compounds, making it the 28th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 814th most exported product in Portugal. The main destination of Nitrile Compounds exports from Portugal are: United States ($1.94M), United Kingdom ($45.1k), Spain ($24.6k), Netherlands ($11.2k), and Belgium ($1.97k).

The fastest growing export markets for Nitrile Compounds of Portugal between 2021 and 2022 were United States ($184k), United Kingdom ($45.1k), and Spain ($18.6k).

Imports In 2022, Portugal imported $51.7M in Nitrile Compounds, becoming the 22nd largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 361st most imported product in Portugal. Portugal imports Nitrile Compounds primarily from: Russia ($37.9M), China ($6.85M), Netherlands ($2.76M), India ($1.62M), and France ($903k).

The fastest growing import markets in Nitrile Compounds for Portugal between 2021 and 2022 were China ($4.71M), France ($307k), and India ($278k).

Latest Trends

Oct 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 Nitrile Compounds. 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)$2.03M
IMPORTS (2022)$51.7M
NET TRADE (2022)-$49.6M

In 2022, Portugal exported $2.03M in Nitrile Compounds. The main destinations of Portugal exports on Nitrile Compounds were United States ($1.94M), United Kingdom ($45.1k), Spain ($24.6k), Netherlands ($11.2k), and Belgium ($1.97k).

In 2022, Portugal imported $51.7M in Nitrile Compounds, mainly from Russia ($37.9M), China ($6.85M), Netherlands ($2.76M), India ($1.62M), and France ($903k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$184k (10.5%)
United Kingdom$45.1k (1%)
Spain$18.6k (307%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Portugal WERE (2021 - 2022):
Japan-$1.39M (-100%)
Morocco-$34.1k (-100%)
Italy-$4.27k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Nitrile Compounds were:
In 2022, Portugal's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $251k
TOP IMPORT POTENTIALChina+ $2.51M

Nitrile Compounds’s highest export potential is United States. With an export gap of $251k.   Nitrile Compounds’s highest import potential is China with an import gap of $2.51M.

See methodology.

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