2022
Exports
$325MWorld Rnk 28 / 209
Flag Rnk 51 / 1216
2022
PRODUCT COMPLEXITY IN Other Heating Machinery
1.15Rnk 116 / 1025
2022
Imports
$177MWorld Rnk 49 / 225
Flag Rnk 140 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $325M in Other Heating Machinery, making it the 28th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 51st most exported product in Portugal. The main destination of Other Heating Machinery exports from Portugal are: Spain ($35M), Algeria ($31.1M), United Kingdom ($27.9M), France ($25.5M), and Morocco ($24.4M).

The fastest growing export markets for Other Heating Machinery of Portugal between 2021 and 2022 were Spain ($11.6M), United States ($9.28M), and United Kingdom ($6.16M).

Imports In 2022, Portugal imported $177M in Other Heating Machinery, becoming the 49th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 140th most imported product in Portugal. Portugal imports Other Heating Machinery primarily from: Spain ($42.7M), Italy ($32.8M), Germany ($25M), India ($16.8M), and China ($7.81M).

The fastest growing import markets in Other Heating Machinery for Portugal between 2021 and 2022 were India ($16.6M), Spain ($2.43M), and United Kingdom ($2.24M).

COMPANIES In 2023, leading companies such as Robert Bosch (19) were at the forefront of shipping Other Heating Machinery from Portugal to the United States.

Latest Trends

Nov 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 Heating Machinery. 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)$325M
IMPORTS (2022)$177M
NET TRADE (2022)$148M

In 2022, Portugal exported $325M in Other Heating Machinery. The main destinations of Portugal exports on Other Heating Machinery were Spain ($35M), Algeria ($31.1M), United Kingdom ($27.9M), France ($25.5M), and Morocco ($24.4M).

In 2022, Portugal imported $177M in Other Heating Machinery, mainly from Spain ($42.7M), Italy ($32.8M), Germany ($25M), India ($16.8M), and China ($7.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$11.6M (49.4%)
United States$9.28M (63.2%)
United Kingdom$6.16M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Portugal WERE (2021 - 2022):
Italy-$9.61M (-44.1%)
France-$5.53M (-17.8%)
Russia-$4.44M (-49.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.5M
TOP IMPORT POTENTIALGermany+ $9.2M

Other Heating Machinery’s highest export potential is United States. With an export gap of $25.5M.   Other Heating Machinery’s highest import potential is Germany with an import gap of $9.2M.

See methodology.

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