2022
Exports
$905MWorld Rnk 24 / 223
Flag Rnk 16 / 1216
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$533MWorld Rnk 35 / 225
Flag Rnk 35 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $905M in Other Furniture, making it the 24th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 16th most exported product in Portugal. The main destination of Other Furniture exports from Portugal are: France ($302M), Spain ($158M), United States ($117M), Germany ($44.3M), and United Kingdom ($40.3M).

The fastest growing export markets for Other Furniture of Portugal between 2021 and 2022 were United States ($28.3M), France ($17.1M), and United Kingdom ($10.1M).

Imports In 2022, Portugal imported $533M in Other Furniture, becoming the 35th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 35th most imported product in Portugal. Portugal imports Other Furniture primarily from: Spain ($284M), Germany ($46.5M), Italy ($46.2M), China ($42.8M), and France ($29.2M).

The fastest growing import markets in Other Furniture for Portugal between 2021 and 2022 were Spain ($29.2M), Italy ($12.3M), and France ($5.06M).

COMPANIES In 2023, leading companies such as Home Depot (176), IKEA Group (92), and Ashley Furniture (80) were at the forefront of shipping Other Furniture from Portugal to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Other Furniture. 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)$905M
IMPORTS (2022)$533M
NET TRADE (2022)$372M

In 2022, Portugal exported $905M in Other Furniture. The main destinations of Portugal exports on Other Furniture were France ($302M), Spain ($158M), United States ($117M), Germany ($44.3M), and United Kingdom ($40.3M).

In 2022, Portugal imported $533M in Other Furniture, mainly from Spain ($284M), Germany ($46.5M), Italy ($46.2M), China ($42.8M), and France ($29.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$28.3M (31.9%)
France$17.1M (6.01%)
United Kingdom$10.1M (33.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Portugal WERE (2021 - 2022):
Spain-$21M (-11.7%)
Russia-$3.44M (-83.2%)
Belgium-$3.08M (-19.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Portugal's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $83.3M
TOP IMPORT POTENTIALChina+ $37.2M

Other Furniture’s highest export potential is United States. With an export gap of $83.3M.   Other Furniture’s highest import potential is China with an import gap of $37.2M.

See methodology.

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