2022
Exports
$14.5MWorld Rnk 31 / 138
Flag Rnk 486 / 1216
2022
PRODUCT COMPLEXITY IN Traffic Signals
1.02Rnk 165 / 1025
2022
Imports
$21.6MWorld Rnk 34 / 210
Flag Rnk 549 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $14.5M in Traffic Signals, making it the 31st largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 486th most exported product in Portugal. The main destination of Traffic Signals exports from Portugal are: Canada ($2.73M), United States ($1.46M), Vietnam ($1.28M), Spain ($1.25M), and Saudi Arabia ($959k).

The fastest growing export markets for Traffic Signals of Portugal between 2021 and 2022 were Canada ($2.72M), Vietnam ($1.28M), and United States ($1.07M).

Imports In 2022, Portugal imported $21.6M in Traffic Signals, becoming the 34th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 549th most imported product in Portugal. Portugal imports Traffic Signals primarily from: Germany ($5.03M), Spain ($4.76M), Benin ($3.66M), China ($2.14M), and Italy ($1.59M).

The fastest growing import markets in Traffic Signals for Portugal between 2021 and 2022 were Benin ($3.66M), Germany ($2.28M), and Spain ($441k).

Latest Trends

Jul 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 Traffic Signals. 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)$14.5M
IMPORTS (2022)$21.6M
NET TRADE (2022)-$7.05M

In 2022, Portugal exported $14.5M in Traffic Signals. The main destinations of Portugal exports on Traffic Signals were Canada ($2.73M), United States ($1.46M), Vietnam ($1.28M), Spain ($1.25M), and Saudi Arabia ($959k).

In 2022, Portugal imported $21.6M in Traffic Signals, mainly from Germany ($5.03M), Spain ($4.76M), Benin ($3.66M), China ($2.14M), and Italy ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Canada$2.72M (23.3k%)
Vietnam$1.28M (1%)
United States$1.07M (276%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Portugal WERE (2021 - 2022):
Benin-$4.04M (-100%)
Malaysia-$3.32M (-88%)
Mexico-$1.75M (-81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Traffic Signals were:
In 2022, Portugal's main importing competitors in Traffic Signals were:

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Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $916k
TOP IMPORT POTENTIALChina+ $777k

Traffic Signals’s highest export potential is United States. With an export gap of $916k.   Traffic Signals’s highest import potential is China with an import gap of $777k.

See methodology.

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