2022
Exports
$13MWorld Rnk 39 / 218
Flag Rnk 511 / 1216
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$42.6MWorld Rnk 42 / 224
Flag Rnk 400 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $13M in Other Hand Tools, making it the 39th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 511th most exported product in Portugal. The main destination of Other Hand Tools exports from Portugal are: Spain ($3.42M), Angola ($2.65M), France ($1.26M), Morocco ($607k), and Mozambique ($376k).

The fastest growing export markets for Other Hand Tools of Portugal between 2021 and 2022 were Angola ($1.18M), Mali ($332k), and Serbia ($123k).

Imports In 2022, Portugal imported $42.6M in Other Hand Tools, becoming the 42nd largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 400th most imported product in Portugal. Portugal imports Other Hand Tools primarily from: Spain ($12.6M), China ($8.48M), Germany ($4.7M), Netherlands ($4.07M), and France ($3.79M).

The fastest growing import markets in Other Hand Tools for Portugal between 2021 and 2022 were Netherlands ($918k), Germany ($894k), and Switzerland ($149k).

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 Other Hand Tools. 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)$13M
IMPORTS (2022)$42.6M
NET TRADE (2022)-$29.6M

In 2022, Portugal exported $13M in Other Hand Tools. The main destinations of Portugal exports on Other Hand Tools were Spain ($3.42M), Angola ($2.65M), France ($1.26M), Morocco ($607k), and Mozambique ($376k).

In 2022, Portugal imported $42.6M in Other Hand Tools, mainly from Spain ($12.6M), China ($8.48M), Germany ($4.7M), Netherlands ($4.07M), and France ($3.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$1.18M (79.9%)
Mali$332k (36.4k%)
Serbia$123k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Portugal WERE (2021 - 2022):
Spain-$856k (-20%)
Italy-$300k (-52.6%)
Mexico-$196k (-78.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Other Hand Tools were:
In 2022, Portugal's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $916k
TOP IMPORT POTENTIALChina+ $3.69M

Other Hand Tools’s highest export potential is Spain. With an export gap of $916k.   Other Hand Tools’s highest import potential is China with an import gap of $3.69M.

See methodology.

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