2022
Exports
$923MWorld Rnk 4 / 157
Flag Rnk 15 / 1216
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$105MWorld Rnk 25 / 215
Flag Rnk 218 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $923M in Unpackaged Medicaments, making it the 4th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 15th most exported product in Portugal. The main destination of Unpackaged Medicaments exports from Portugal are: United States ($432M), Canada ($343M), Ireland ($57.4M), Germany ($36.7M), and Jordan ($11.5M).

The fastest growing export markets for Unpackaged Medicaments of Portugal between 2021 and 2022 were United States ($342M), Canada ($331M), and Ireland ($32.1M).

Imports In 2022, Portugal imported $105M in Unpackaged Medicaments, becoming the 25th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 218th most imported product in Portugal. Portugal imports Unpackaged Medicaments primarily from: Denmark ($73.8M), Spain ($16M), Germany ($2.18M), Netherlands ($1.98M), and China ($1.77M).

The fastest growing import markets in Unpackaged Medicaments for Portugal between 2021 and 2022 were Germany ($1.79M), Netherlands ($696k), and India ($529k).

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 Unpackaged Medicaments. 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)$923M
IMPORTS (2022)$105M
NET TRADE (2022)$817M

In 2022, Portugal exported $923M in Unpackaged Medicaments. The main destinations of Portugal exports on Unpackaged Medicaments were United States ($432M), Canada ($343M), Ireland ($57.4M), Germany ($36.7M), and Jordan ($11.5M).

In 2022, Portugal imported $105M in Unpackaged Medicaments, mainly from Denmark ($73.8M), Spain ($16M), Germany ($2.18M), Netherlands ($1.98M), and China ($1.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$342M (379%)
Canada$331M (2.8k%)
Ireland$32.1M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Portugal WERE (2021 - 2022):
Denmark-$11.4M (-80.6%)
France-$2.96M (-63.3%)
Netherlands-$1.96M (-63%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Unpackaged Medicaments were:
In 2022, Portugal's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $11.9M
TOP IMPORT POTENTIALSpain+ $3.71M

Unpackaged Medicaments’s highest export potential is Germany. With an export gap of $11.9M.   Unpackaged Medicaments’s highest import potential is Spain with an import gap of $3.71M.

See methodology.

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