Organic chemicals in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $1.66B in Organic chemicals, making it the 37th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 15th most exported product in Portugal. The main destination of Organic chemicals exports from Portugal are: Spain ($241M), Turkey ($232M), Germany ($197M), Denmark ($155M), and United States ($153M).

The fastest growing export markets for Organic chemicals of Portugal between 2021 and 2022 were Argentina ($55.2M), Denmark ($50.7M), and United States ($42.4M).

Imports In 2022, Portugal imported $2.6B in Organic chemicals, becoming the 37th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 8th most imported product in Portugal. Portugal imports Organic chemicals primarily from: Netherlands ($406M), Spain ($319M), China ($255M), Ireland ($243M), and Saudi Arabia ($222M).

The fastest growing import markets in Organic chemicals for Portugal between 2021 and 2022 were Netherlands ($77M), China ($70.9M), and Saudi Arabia ($59M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (12.6k), WAL-MART INC. (268), and TE CONNECTIVITY CORPORATION (44) were at the forefront of shipping Organic chemicals from Portugal to the United States.

Latest Trends

January 2024

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Overview In January 2024 Portugal's Organic chemicals exports accounted up to €34.1M and imports accounted up to €168M, resulting in a negative trade balance of €134M. Between January 2023 and January 2024 the exports of Portugal's Organic chemicals have decreased by €-37.4M (-52.3%) from €71.5M to €34.1M, while imports decreased by €-21.7M (-11.4%) from €189M to €168M.

Destinations In January 2024, Organic chemicals were exported mostly to Spain (€13M), United States (€6.71M), Switzerland (€3.42M), Lithuania (€2.59M), and Ireland (€1.52M), and were imported mostly from China (€32.4M), Spain (€25.8M), Italy (€23M), Germany (€14.5M), and France (€14.4M).

Growth In January 2024, the decrease in Organic chemicals's year-by-year exports was explained primarily by a decrease in exports to Germany (€-17.9M or -89.4%), Turkey (€-7.68M or -42.1%), and Argentina (€-6.1M or -100%). In January 2024, the decrease in Organic chemicals's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia (€-22.4M or -100%), South Korea (€-6.91M or -70.5%), and Netherlands (€-6.47M or -25.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-37.4M(-52.3%)

IMPORT GROWTH (January 2023 - January 2024)€-21.7M(-11.4%)

MAIN DESTINATION (January 2024)Spain€13M

This section shows Organic chemicals's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Organic chemicals over time.

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