2021
Exports | Imports
$9.43M | $24.2MWorld Rnk 63 / 178
Flag Rnk 547 / 1210
World Rnk 49 / 219
Flag Rnk 494 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 972 / 1024

About

Exports In 2021, Portugal exported $9.43M in Packing Bags, making it the 63rd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 547th most exported product in Portugal. The main destination of Packing Bags exports from Portugal are: France ($4.42M), Spain ($2.14M), Germany ($478k), Angola ($341k), and United Kingdom ($275k).

The fastest growing export markets for Packing Bags of Portugal between 2020 and 2021 were France ($1.28M), Spain ($215k), and United States ($146k).

Imports In 2021, Portugal imported $24.2M in Packing Bags, becoming the 49th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 494th most imported product in Portugal. Portugal imports Packing Bags primarily from: Spain ($10.4M), India ($6.16M), Turkey ($1.16M), China ($1.05M), and Belgium ($775k).

The fastest growing import markets in Packing Bags for Portugal between 2020 and 2021 were India ($2.24M), Spain ($2.22M), and Belgium ($357k).

Latest Trends

Dec 2023

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 (2021)$9.43M
IMPORTS (2021)$24.2M
NET TRADE (2021)-$14.8M

In 2021, Portugal exported $9.43M in Packing Bags. The main destinations of Portugal exports on Packing Bags were France ($4.42M), Spain ($2.14M), Germany ($478k), Angola ($341k), and United Kingdom ($275k).

In 2021, Portugal imported $24.2M in Packing Bags, mainly from Spain ($10.4M), India ($6.16M), Turkey ($1.16M), China ($1.05M), and Belgium ($775k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
France$1.28M (40.9%)
Spain$215k (11.2%)
United States$146k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Portugal WERE (2020 - 2021):
Bulgaria-$245k (-61.2%)
Italy-$58k (-32.7%)
United Kingdom-$43.7k (-13.7%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Packing Bags were:
China $1.71B
India $1.35B
In 2021, Portugal's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

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