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2023
Exports $329MWorld Rnk 34 / 218
Flag Rnk 47 / 96
2023
Destination $43.1M Spain
2022 - 2023
FASTEST GROWING MARKET $43.1MAlgeria
2023
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes1.13Rnk 132 / 1025
2023
Imports $830MWorld Rnk 28 / 226
Flag Rnk 31 / 96
2023
Origin $41M Spain
2022 - 2023
FASTEST GROWING ORIGIN $41MSpain
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $329M in Paints, dyes, & varnishes, making it the 34th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 47th most exported product in Portugal. The main destination of Paints, dyes, & varnishes exports from Portugal are: Spain ($87.4M), Algeria ($68.7M), France ($18.4M), Angola ($15.4M), and Turkey ($14.4M).

The fastest growing export markets for Paints, dyes, & varnishes of Portugal between 2022 and 2023 were Algeria ($43.1M), Poland ($3.01M), and Greece ($2.62M).

Imports In 2023, Portugal imported $830M in Paints, dyes, & varnishes, becoming the 28th largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 31st most imported product in Portugal. Portugal imports Paints, dyes, & varnishes primarily from: Spain ($394M), Germany ($135M), Italy ($71.6M), Belgium ($49.2M), and France ($36.4M).

The fastest growing import markets in Paints, dyes, & varnishes for Portugal between 2022 and 2023 were Spain ($41M), United Kingdom ($7.93M), and Italy ($3.27M).

COMPANIES In 2023, leading companies such as Porsche (30), IKEA Group (2), and Home Depot (2) were at the forefront of shipping Paints, dyes, & varnishes from Portugal to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Portugal's Paints, dyes, & varnishes exports accounted up to €24.7M and imports accounted up to €63.1M, resulting in a negative trade balance of €38.4M. Between November 2023 and November 2024 the exports of Portugal's   Paints, dyes, & varnishes have decreased by €-851k (-3.33%) from €25.5M to €24.7M, while imports decreased by €-1.37M (-2.13%) from €64.4M to €63.1M.

Destinations In November 2024, Paints, dyes, & varnishes were exported mostly to Spain (€8.27M), Algeria (€2.43M), Germany (€1.74M), France (€1.62M), and Italy (€1.3M), and were imported mostly from Spain (€29.6M), Germany (€9.85M), Italy (€5.78M), Belgium (€3.6M), and France (€3.24M).

Growth In November 2024, the decrease in Paints, dyes, & varnishes's year-by-year exports was explained primarily by a decrease in exports to Germany (€-866k or -42.6%), Other (€-639k or -100%), and United Kingdom (€-407k or -56.3%). In November 2024, the decrease in Paints, dyes, & varnishes's year-by-year imports was explained primarily by a decrease in imports from China (€-1.18M or -54.1%), Belgium (€-1.03M or -20.4%), and Sweden (€-693k or -45.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-851k(-3.33%)
IMPORT GROWTH (November 2023 - November 2024)€-1.37M(-2.13%)
MAIN DESTINATION (November 2024)Spain€8.27M

This section shows Paints, dyes, & varnishes's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Paints, dyes, & varnishes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$329M
IMPORTS (2023)$830M
NET TRADE (2023)-$501M

In 2023, Portugal exported $329M in Paints, dyes, & varnishes. The main destinations of Portugal exports on Paints, dyes, & varnishes were Spain ($87.4M), Algeria ($68.7M), France ($18.4M), Angola ($15.4M), and Turkey ($14.4M).

In 2023, Portugal imported $830M in Paints, dyes, & varnishes, mainly from Spain ($394M), Germany ($135M), Italy ($71.6M), Belgium ($49.2M), and France ($36.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Algeria$43.1M (168%)
Poland$3.01M (48.7%)
Greece$2.62M (40.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Portugal WERE (2022 - 2023):
Netherlands-$4.97M (-41.8%)
Angola-$3.13M (-16.9%)
Germany-$3.01M (-17.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Paints, dyes, & varnishes were:
Germany $11.9B
China $10.4B
United States $7.91B
In 2023, Portugal's main importing competitors in Paints, dyes, & varnishes were:
Germany $5.65B
United States $4.95B
China $4.68B

Explore Visualizations

Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $12.4M
TOP IMPORT POTENTIALChina+ $12.5M

Paints, dyes, & varnishes’s highest export potential is Spain. With an export gap of $12.4M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $12.5M.

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