HS Icon Packing Bags in  Flag Portugal

2019
Exports | Imports
: $9.82M | $19.2M, World Rnk 53 / 179
Flag Rnk 523 / 1208 | World Rnk 48 / 216
Flag Rnk 529 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $891k | $316k, France |  Turkey

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Packing Bags
: -1.75, Rnk 983 / 1029

Exports In 2019, Portugal exported $9.82M in Packing Bags, making it the 53rd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 523rd most exported product in Portugal. The main destination of Packing Bags exports from Portugal are: France ($3.65M), Spain ($2.99M), Angola ($1.24M), Germany ($297k), and Cape Verde ($272k).

The fastest growing export markets for Packing Bags of Portugal between 2018 and 2019 were France ($891k), Cuba ($99.3k), and Morocco ($36.2k).

Imports In 2019, Portugal imported $19.2M in Packing Bags, becoming the 48th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 529th most imported product in Portugal. Portugal imports Packing Bags primarily from: Spain ($8.09M), India ($4.96M), Turkey ($1.38M), China ($906k), and Belgium ($432k).

The fastest growing import markets in Packing Bags for Portugal between 2018 and 2019 were Turkey ($316k), Netherlands ($164k), and Spain ($128k).

Tariffs In 2017, the average tariff for Portugal in Packing Bags was 2.34%. The countries with the highest import tariffs for Packing Bags were Western Sahara (Most Favoured Nation duty rate treatement, 7.04%), Gabon (Most Favoured Nation duty rate treatement, 7.04%), Libya (Most Favoured Nation duty rate treatement, 7.04%), Mayotte (Most Favoured Nation duty rate treatement, 7.04%), and Reunion (Most Favoured Nation duty rate treatement, 7.04%).

Historical Data

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EXPORTS (2019): $9.82M

IMPORTS (2019): $19.2M

NET TRADE (2019): -$9.37M

In 2019, Portugal exported $9.82M in Packing Bags. The main destinations of Portugal exports on Packing Bags were France ($3.65M), Spain ($2.99M), Angola ($1.24M), Germany ($297k), and Cape Verde ($272k).

In 2019, Portugal imported $19.2M in Packing Bags, mainly from Spain ($8.09M), India ($4.96M), Turkey ($1.38M), China ($906k), and Belgium ($432k).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Packing Bags WITH:

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Packing Bags WITH:

Flow

THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Portugal WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Portugal's main exporting competitors in Packing Bags were:

In 2019, Portugal's main importing competitors in Packing Bags were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Packing Bags was 2.34%.

The countries with the highest tariffs for Packing Bags in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 7.04%), Gabon (Most Favoured Nation duty rate treatement, 7.04%), Libya (Most Favoured Nation duty rate treatement, 7.04%), Mayotte (Most Favoured Nation duty rate treatement, 7.04%), and Reunion (Most Favoured Nation duty rate treatement, 7.04%).