2022
Exports
$3.36MWorld Rnk 32 / 184
Flag Rnk 738 / 1216
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$7.22MWorld Rnk 43 / 218
Flag Rnk 802 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.36M in Tool Sets, making it the 32nd largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 738th most exported product in Portugal. The main destination of Tool Sets exports from Portugal are: Spain ($2.36M), Angola ($607k), Germany ($74.1k), Italy ($36.4k), and Cape Verde ($36.1k).

The fastest growing export markets for Tool Sets of Portugal between 2021 and 2022 were Angola ($263k), Italy ($32.6k), and Germany ($28.9k).

Imports In 2022, Portugal imported $7.22M in Tool Sets, becoming the 43rd largest importer of Tool Sets in the world. At the same year, Tool Sets was the 802nd most imported product in Portugal. Portugal imports Tool Sets primarily from: Spain ($2.28M), China ($997k), Netherlands ($840k), Germany ($838k), and Chinese Taipei ($530k).

The fastest growing import markets in Tool Sets for Portugal between 2021 and 2022 were Netherlands ($171k), Italy ($61.7k), and Austria ($46.4k).

Latest Trends

Oct 2024

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 Tool Sets. 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)$3.36M
IMPORTS (2022)$7.22M
NET TRADE (2022)-$3.86M

In 2022, Portugal exported $3.36M in Tool Sets. The main destinations of Portugal exports on Tool Sets were Spain ($2.36M), Angola ($607k), Germany ($74.1k), Italy ($36.4k), and Cape Verde ($36.1k).

In 2022, Portugal imported $7.22M in Tool Sets, mainly from Spain ($2.28M), China ($997k), Netherlands ($840k), Germany ($838k), and Chinese Taipei ($530k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$263k (76.4%)
Italy$32.6k (837%)
Germany$28.9k (63.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Portugal WERE (2021 - 2022):
Spain-$651k (-21.6%)
Turkey-$46.5k (-94.9%)
France-$26.2k (-51.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Tool Sets were:
In 2022, Portugal's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $120k
TOP IMPORT POTENTIALChina+ $611k

Tool Sets’s highest export potential is France. With an export gap of $120k.   Tool Sets’s highest import potential is China with an import gap of $611k.

See methodology.

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