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2023
Exports $43.8MWorld Rnk 45 / 199
Flag Rnk 80 / 96
2023
Destination $3.42M Cape Verde
2022 - 2023
FASTEST GROWING MARKET $3.42MNigeria
2023
PRODUCT COMPLEXITY IN Railway and trams1.49Rnk 47 / 1025
2023
Imports $126MWorld Rnk 50 / 216
Flag Rnk 73 / 96
2023
Origin $43.7M Spain
2022 - 2023
FASTEST GROWING ORIGIN $43.7MChina
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $43.8M in Railway and trams, making it the 45th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 80th most exported product in Portugal. The main destination of Railway and trams exports from Portugal are: Cape Verde ($13.5M), France ($10.1M), Spain ($6.81M), Nigeria ($3.43M), and Austria ($2.02M).

The fastest growing export markets for Railway and trams of Portugal between 2022 and 2023 were Nigeria ($3.42M), Spain ($1.97M), and Austria ($1.79M).

Imports In 2023, Portugal imported $126M in Railway and trams, becoming the 50th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 73rd most imported product in Portugal. Portugal imports Railway and trams primarily from: Spain ($48.6M), China ($46.8M), Switzerland ($7.57M), Czechia ($4.79M), and Italy ($3.81M).

The fastest growing import markets in Railway and trams for Portugal between 2022 and 2023 were China ($43.7M), Spain ($33.8M), and Switzerland ($5.8M).

Latest Trends

November 2024

About

Overview In November 2024 Portugal's Railway and trams exports accounted up to €418k and imports accounted up to €2.49M, resulting in a negative trade balance of €2.07M. Between November 2023 and November 2024 the exports of Portugal's   Railway and trams have decreased by €-1.58M (-79.1%) from €2M to €418k, while imports increased by €282k (12.8%) from €2.21M to €2.49M.

Destinations In November 2024, Railway and trams were exported mostly to Angola (€177k), Cape Verde (€76.4k), Malaysia (€29.5k), Mozambique (€24.7k), and United States (€19.7k), and were imported mostly from Germany (€931k), Spain (€872k), Slovenia (€150k), China (€99.3k), and United States (€87.6k).

Growth In November 2024, the decrease in Railway and trams's year-by-year exports was explained primarily by a decrease in exports to Madagascar (€-57.7k or -100%), Sudan (€-42.9k or -100%), and Spain (€-34.1k or -93.5%). In November 2024, the increase in Railway and trams's year-by-year imports was explained primarily by an increase in imports from Denmark (€13.7k or 80%), Italy (€8.08k or 6.12%), and Angola (€1.22k or 12.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-1.58M(-79.1%)
IMPORT GROWTH (November 2023 - November 2024)€282k(12.8%)
MAIN DESTINATION (November 2024)Angola€177k

This section shows Railway and trams'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 Railway and trams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$43.8M
IMPORTS (2023)$126M
NET TRADE (2023)-$82M

In 2023, Portugal exported $43.8M in Railway and trams. The main destinations of Portugal exports on Railway and trams were Cape Verde ($13.5M), France ($10.1M), Spain ($6.81M), Nigeria ($3.43M), and Austria ($2.02M).

In 2023, Portugal imported $126M in Railway and trams, mainly from Spain ($48.6M), China ($46.8M), Switzerland ($7.57M), Czechia ($4.79M), and Italy ($3.81M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Nigeria$3.42M (32k%)
Spain$1.97M (40.7%)
Austria$1.79M (791%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Portugal WERE (2022 - 2023):
Cape Verde-$1.6M (-10.6%)
United States-$1.14M (-55.6%)
Bulgaria-$946k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Railway and trams were:
China $7.21B
United States $3.51B
Germany $3.42B
In 2023, Portugal's main importing competitors in Railway and trams were:
Germany $3.95B
United States $3.22B
United Kingdom $1.67B

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.54M
TOP IMPORT POTENTIALChina+ $1.69M

Railway and trams’s highest export potential is Spain. With an export gap of $1.54M.   Railway and trams’s highest import potential is China with an import gap of $1.69M.

See methodology.

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