2021
Exports | Imports
$1.28B | $532MWorld Rnk 24 / 199
Flag Rnk 5 / 1210
World Rnk 38 / 225
Flag Rnk 28 / 1210
2021
ECONOMIC COMPLEXITY of Portugal
0.56Rnk 43 / 131
2021
PRODUCT COMPLEXITY IN Rubber Tires
0.26Rnk 467 / 1024

About

Exports In 2021, Portugal exported $1.28B in Rubber Tires, making it the 24th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 5th most exported product in Portugal. The main destination of Rubber Tires exports from Portugal are: United States ($290M), Germany ($212M), Spain ($136M), South Korea ($72.8M), and France ($61.2M).

The fastest growing export markets for Rubber Tires of Portugal between 2020 and 2021 were United States ($108M), France ($28.6M), and South Korea ($24.2M).

Imports In 2021, Portugal imported $532M in Rubber Tires, becoming the 38th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 28th most imported product in Portugal. Portugal imports Rubber Tires primarily from: Spain ($217M), China ($38.7M), India ($37.4M), Germany ($34.2M), and Netherlands ($32.9M).

The fastest growing import markets in Rubber Tires for Portugal between 2020 and 2021 were India ($17.2M), Spain ($9.23M), and France ($8.81M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
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 Rubber Tires. 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 (2021)$1.28B
IMPORTS (2021)$532M
NET TRADE (2021)$750M

In 2021, Portugal exported $1.28B in Rubber Tires. The main destinations of Portugal exports on Rubber Tires were United States ($290M), Germany ($212M), Spain ($136M), South Korea ($72.8M), and France ($61.2M).

In 2021, Portugal imported $532M in Rubber Tires, mainly from Spain ($217M), China ($38.7M), India ($37.4M), Germany ($34.2M), and Netherlands ($32.9M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Portugal WERE (2020 - 2021):
United States$108M (59.9%)
France$28.6M (87.5%)
South Korea$24.2M (49.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Portugal WERE (2020 - 2021):
Romania-$4.13M (-36.3%)
Spain-$2.26M (-1.63%)
United Arab Emirates-$1.64M (-35.3%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Portugal's main exporting competitors in Rubber Tires were:
China $17.1B
Germany $5.72B
In 2021, Portugal's main importing competitors in Rubber Tires were:

Explore Visualizations

Trade Value of Rubber Tires by Exporters

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