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Exports In 2022, Portugal exported $1.28B in Pneumatic tyres new of rubber for motor cars, making it the 15th largest exporter of Pneumatic tyres new of rubber for motor cars in the world. At the same year, Pneumatic tyres new of rubber for motor cars was the 5th most exported product in Portugal. The main destination of Pneumatic tyres new of rubber for motor cars exports from Portugal are: United States ($331M), Germany ($212M), Spain ($113M), South Korea ($66.1M), and Slovakia ($64.4M).

The fastest growing export markets for Pneumatic tyres new of rubber for motor cars of Portugal between 2021 and 2022 were United States ($52.6M), Slovakia ($33M), and Spain ($18.7M).

Imports In 2022, Portugal imported $343M in Pneumatic tyres new of rubber for motor cars, becoming the 29th largest importer of Pneumatic tyres new of rubber for motor cars in the world. At the same year, Pneumatic tyres new of rubber for motor cars was the 37th most imported product in Portugal. Portugal imports Pneumatic tyres new of rubber for motor cars primarily from: Spain ($157M), China ($27.7M), Netherlands ($27M), Germany ($20.4M), and France ($17.7M).

The fastest growing import markets in Pneumatic tyres new of rubber for motor cars for Portugal between 2021 and 2022 were Spain ($12.7M), Japan ($4.74M), and China ($3.56M).

COMPANIES In 2023, leading companies such as IKEA Group (8.03k), Continental Tire (5.32k), and Home Depot (850) were at the forefront of shipping Pneumatic tyres new of rubber for motor cars from Portugal to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Pneumatic tyres new of rubber for motor cars. 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 (2022)$1.28B
IMPORTS (2022)$343M
NET TRADE (2022)$935M

In 2022, Portugal exported $1.28B in Pneumatic tyres new of rubber for motor cars. The main destinations of Portugal exports on Pneumatic tyres new of rubber for motor cars were United States ($331M), Germany ($212M), Spain ($113M), South Korea ($66.1M), and Slovakia ($64.4M).

In 2022, Portugal imported $343M in Pneumatic tyres new of rubber for motor cars, mainly from Spain ($157M), China ($27.7M), Netherlands ($27M), Germany ($20.4M), and France ($17.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pneumatic tyres new of rubber for motor cars EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$52.6M (18.9%)
Slovakia$33M (105%)
Spain$18.7M (19.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pneumatic tyres new of rubber for motor cars BY Portugal WERE (2021 - 2022):
Hungary-$16.5M (-62.2%)
Morocco-$7.31M (-45.4%)
South Korea-$7.05M (-9.65%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Portugal's main exporting competitors in Pneumatic tyres new of rubber for motor cars were:
In 2022, Portugal's main importing competitors in Pneumatic tyres new of rubber for motor cars were:

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Trade Value of Pneumatic tyres new of rubber for motor cars by Exporters

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