2023
Exports
$16MWorld Rnk 43 / 190
Flag Rnk 477 / 1213
2023
PRODUCT COMPLEXITY IN Packing Bags
-1.73Rnk 976 / 1025
2023
Imports
$28.5MWorld Rnk 38 / 222
Flag Rnk 479 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $16M in Packing Bags, making it the 43rd largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 477th most exported product in Portugal. The main destination of Packing Bags exports from Portugal are: France ($6.5M), United Kingdom ($4.74M), Spain ($1.54M), Bulgaria ($506k), and Angola ($503k).

The fastest growing export markets for Packing Bags of Portugal between 2022 and 2023 were United Kingdom ($1.46M), France ($897k), and Bulgaria ($490k).

Imports In 2023, Portugal imported $28.5M in Packing Bags, becoming the 38th largest importer of Packing Bags in the world. At the same year, Packing Bags was the 479th most imported product in Portugal. Portugal imports Packing Bags primarily from: Spain ($13.3M), India ($7.18M), Turkey ($1.92M), China ($1.1M), and France ($636k).

The fastest growing import markets in Packing Bags for Portugal between 2022 and 2023 were Mexico ($484k), Vietnam ($468k), and Turkey ($367k).

Latest Trends

Jan 2025

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 (2023)$16M
IMPORTS (2023)$28.5M
NET TRADE (2023)-$12.4M

In 2023, Portugal exported $16M in Packing Bags. The main destinations of Portugal exports on Packing Bags were France ($6.5M), United Kingdom ($4.74M), Spain ($1.54M), Bulgaria ($506k), and Angola ($503k).

In 2023, Portugal imported $28.5M in Packing Bags, mainly from Spain ($13.3M), India ($7.18M), Turkey ($1.92M), China ($1.1M), and France ($636k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United Kingdom$1.46M (44.7%)
France$897k (16%)
Bulgaria$490k (3.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Portugal WERE (2022 - 2023):
Austria-$114k (-93.3%)
Belgium-$110k (-70.4%)
Canada-$105k (-58%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Packing Bags were:
China $1.42B
India $1.14B
In 2023, Portugal's main importing competitors in Packing Bags were:

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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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