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2023
Exports $269MWorld Rnk 50 / 225
Flag Rnk 50 / 96
2023
Destination $10.2M Spain
2022 - 2023
FASTEST GROWING MARKET $10.2MGermany
2023
PRODUCT COMPLEXITY IN Perfumery & cosmetics0.37Rnk 427 / 1025
2023
Imports $1.1BWorld Rnk 36 / 226
Flag Rnk 24 / 96
2023
Origin $122M Spain
2022 - 2023
FASTEST GROWING ORIGIN $122MSpain
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $269M in Perfumery & cosmetics, making it the 50th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 50th most exported product in Portugal. The main destination of Perfumery & cosmetics exports from Portugal are: Spain ($71.3M), Netherlands ($29.1M), Germany ($22.6M), Italy ($17.3M), and France ($15.5M).

The fastest growing export markets for Perfumery & cosmetics of Portugal between 2022 and 2023 were Germany ($10.2M), Italy ($8.77M), and Switzerland ($2.07M).

Imports In 2023, Portugal imported $1.1B in Perfumery & cosmetics, becoming the 36th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 24th most imported product in Portugal. Portugal imports Perfumery & cosmetics primarily from: Spain ($596M), France ($176M), Netherlands ($71.7M), Italy ($59.8M), and Germany ($57.5M).

The fastest growing import markets in Perfumery & cosmetics for Portugal between 2022 and 2023 were Spain ($122M), France ($22.6M), and Italy ($10.8M).

COMPANIES In 2023, leading companies such as Home Depot (3) were at the forefront of shipping Perfumery & cosmetics from Portugal to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Portugal's Perfumery & cosmetics exports accounted up to €30.5M and imports accounted up to €112M, resulting in a negative trade balance of €81.4M. Between November 2023 and November 2024 the exports of Portugal's   Perfumery & cosmetics have increased by €2.89M (10.5%) from €27.6M to €30.5M, while imports increased by €17.5M (18.5%) from €94.4M to €112M.

Destinations In November 2024, Perfumery & cosmetics were exported mostly to Spain (€10.2M), Germany (€3.01M), United States (€1.97M), Angola (€1.51M), and France (€1.48M), and were imported mostly from Spain (€72.3M), France (€11.1M), Italy (€6.3M), Germany (€4.34M), and Ireland (€3.12M).

Growth In November 2024, the increase in Perfumery & cosmetics's year-by-year exports was explained primarily by an increase in exports to Netherlands (€2.67M or 107%), Spain (€2.25M or 56.5%), and Angola (€660k or 75.9%). In November 2024, the increase in Perfumery & cosmetics's year-by-year imports was explained primarily by an increase in imports from Spain (€11.3M or 39.2%), France (€3.4M or 35.3%), and Germany (€1.21M or 36.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.89M(10.5%)
IMPORT GROWTH (November 2023 - November 2024)€17.5M(18.5%)
MAIN DESTINATION (November 2024)Spain€10.2M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$269M
IMPORTS (2023)$1.1B
NET TRADE (2023)-$836M

In 2023, Portugal exported $269M in Perfumery & cosmetics. The main destinations of Portugal exports on Perfumery & cosmetics were Spain ($71.3M), Netherlands ($29.1M), Germany ($22.6M), Italy ($17.3M), and France ($15.5M).

In 2023, Portugal imported $1.1B in Perfumery & cosmetics, mainly from Spain ($596M), France ($176M), Netherlands ($71.7M), Italy ($59.8M), and Germany ($57.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$10.2M (82.2%)
Italy$8.77M (102%)
Switzerland$2.07M (63.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Portugal WERE (2022 - 2023):
Netherlands-$23M (-44.1%)
Angola-$5.28M (-26.3%)
United States-$4.6M (-26.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Perfumery & cosmetics were:
France $29.3B
United States $15.1B
Germany $12.1B
In 2023, Portugal's main importing competitors in Perfumery & cosmetics were:
United States $19.5B
China $13B
Germany $8.77B

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $21.7M
TOP IMPORT POTENTIALFrance+ $27.1M

Perfumery & cosmetics’s highest export potential is Spain. With an export gap of $21.7M.   Perfumery & cosmetics’s highest import potential is France with an import gap of $27.1M.

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