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2022
Exports $4.27BWorld Rnk 29 / 226
Flag Rnk 5 / 96
2022
Destination $47.3M Spain
2021 - 2022
FASTEST GROWING MARKET $47.3MNetherlands
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof1.72Rnk 19 / 1025
2022
Imports $5.53BWorld Rnk 36 / 226
Flag Rnk 5 / 96
2022
Origin $179M Spain
2021 - 2022
FASTEST GROWING ORIGIN $179MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $4.27B in Plastics & articles thereof, making it the 29th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 5th most exported product in Portugal. The main destination of Plastics & articles thereof exports from Portugal are: Spain ($1.55B), France ($637M), Germany ($285M), Netherlands ($241M), and Italy ($184M).

The fastest growing export markets for Plastics & articles thereof of Portugal between 2021 and 2022 were Netherlands ($47.3M), France ($38.2M), and Germany ($27.4M).

Imports In 2022, Portugal imported $5.53B in Plastics & articles thereof, becoming the 36th largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 5th most imported product in Portugal. Portugal imports Plastics & articles thereof primarily from: Spain ($1.99B), Germany ($698M), France ($396M), Netherlands ($384M), and Italy ($324M).

The fastest growing import markets in Plastics & articles thereof for Portugal between 2021 and 2022 were Spain ($179M), United States ($58.8M), and China ($45.8M).

COMPANIES In 2023, leading companies such as Home Depot (62), IKEA Group (21), and Porsche (16) were at the forefront of shipping Plastics & articles thereof from Portugal to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Portugal's Plastics & articles thereof exports accounted up to €613M and imports accounted up to €800M, resulting in a negative trade balance of €187M. Between September 2023 and September 2024 the exports of Portugal's   Plastics & articles thereof have increased by €316M (107%) from €296M to €613M, while imports increased by €412M (106%) from €388M to €800M.

Destinations In September 2024, Plastics & articles thereof were exported mostly to Spain (€241M), France (€90.2M), Germany (€40.8M), Belgium (€24.3M), and Italy (€24M), and were imported mostly from Spain (€293M), Germany (€99.7M), France (€56M), Italy (€50.3M), and Belgium (€42.3M).

Growth In September 2024, the increase in Plastics & articles thereof's year-by-year exports was explained primarily by an increase in exports to Netherlands (€9.46M or 66%), Angola (€3.17M or 105%), and France (€2.09M or 4.01%). In September 2024, the increase in Plastics & articles thereof's year-by-year imports was explained primarily by an increase in imports from United States (€6.88M or 218%), France (€5.32M or 23.5%), and South Africa (€2.77M or 230%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€316M(107%)
IMPORT GROWTH (September 2023 - September 2024)€412M(106%)
MAIN DESTINATION (September 2024)Spain€241M

This section shows Plastics & articles thereof'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 Plastics & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.27B
IMPORTS (2022)$5.53B
NET TRADE (2022)-$1.26B

In 2022, Portugal exported $4.27B in Plastics & articles thereof. The main destinations of Portugal exports on Plastics & articles thereof were Spain ($1.55B), France ($637M), Germany ($285M), Netherlands ($241M), and Italy ($184M).

In 2022, Portugal imported $5.53B in Plastics & articles thereof, mainly from Spain ($1.99B), Germany ($698M), France ($396M), Netherlands ($384M), and Italy ($324M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$47.3M (24.4%)
France$38.2M (6.39%)
Germany$27.4M (10.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Portugal WERE (2021 - 2022):
Russia-$18.9M (-80.1%)
United Kingdom-$13.7M (-9.31%)
Spain-$11.8M (-0.76%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Plastics & articles thereof were:
China $156B
United States $95.2B
Germany $86.5B
In 2022, Portugal's main importing competitors in Plastics & articles thereof were:
United States $96.2B
China $73.4B
Germany $59.1B

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $148M
TOP IMPORT POTENTIALChina+ $154M

Plastics & articles thereof’s highest export potential is Germany. With an export gap of $148M.   Plastics & articles thereof’s highest import potential is China with an import gap of $154M.

See methodology.

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