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2022
Exports $13.9MWorld Rnk 54 / 192
Flag Rnk 500 / 1216
2022
Destination $3.11M France
2021 - 2022
FASTEST GROWING MARKET $3.11MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Packing Bags-1.76Rnk 978 / 1025
2022
Imports $29.1MWorld Rnk 47 / 223
Flag Rnk 481 / 1216
2022
Origin $3.11M Spain
2021 - 2022
FASTEST GROWING ORIGIN $3.11MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $13.9M in Packing Bags, making it the 54th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 500th most exported product in Portugal. The main destination of Packing Bags exports from Portugal are: France ($5.31M), United Kingdom ($3.38M), Spain ($2.39M), Germany ($480k), and Angola ($432k).

The fastest growing export markets for Packing Bags of Portugal between 2021 and 2022 were United Kingdom ($3.11M), France ($856k), and Spain ($266k).

Imports In 2022, Portugal imported $29.1M in Packing Bags, becoming the 47th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 481st most imported product in Portugal. Portugal imports Packing Bags primarily from: Spain ($13.4M), India ($7.99M), Turkey ($1.3M), China ($1.04M), and Italy ($822k).

The fastest growing import markets in Packing Bags for Portugal between 2021 and 2022 were Spain ($3.11M), India ($1.83M), and Ireland ($430k).

Latest Trends

Sep 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 Packing Bags. 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)$13.9M
IMPORTS (2022)$29.1M
NET TRADE (2022)-$15.2M

In 2022, Portugal exported $13.9M in Packing Bags. The main destinations of Portugal exports on Packing Bags were France ($5.31M), United Kingdom ($3.38M), Spain ($2.39M), Germany ($480k), and Angola ($432k).

In 2022, Portugal imported $29.1M in Packing Bags, mainly from Spain ($13.4M), India ($7.99M), Turkey ($1.3M), China ($1.04M), and Italy ($822k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$3.11M (1.16k%)
France$856k (19.2%)
Spain$266k (12.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Portugal WERE (2021 - 2022):
Bulgaria-$140k (-93.3%)
United States-$123k (-50.6%)
Finland-$88.9k (-95.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Packing Bags were:
China $1.74B
India $1.39B
Vietnam $639M
In 2022, Portugal's main importing competitors in Packing Bags were:
United States $894M
Japan $472M
Germany $351M

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.02M
TOP IMPORT POTENTIALIndia+ $2.18M

Packing Bags’s highest export potential is Spain. With an export gap of $1.02M.   Packing Bags’s highest import potential is India with an import gap of $2.18M.

See methodology.

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