HS Icon Valves in  Flag Portugal

2019
Exports | Imports
: $354M | $388M, World Rnk 32 / 219
Flag Rnk 34 / 1208 | World Rnk 43 / 225
Flag Rnk 42 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $928k | $3.97M, Belgium |  Thailand

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Valves
: 1.55, Rnk 43 / 1029

Exports In 2019, Portugal exported $354M in Valves, making it the 32nd largest exporter of Valves in the world. At the same year, Valves was the 34th most exported product in Portugal. The main destination of Valves exports from Portugal are: Germany ($190M), Spain ($49.3M), France ($17M), United States ($13.2M), and Angola ($8.37M).

The fastest growing export markets for Valves of Portugal between 2018 and 2019 were Belgium ($928k), Argentina ($756k), and Turkey ($611k).

Imports In 2019, Portugal imported $388M in Valves, becoming the 43rd largest importer of Valves in the world. At the same year, Valves was the 42nd most imported product in Portugal. Portugal imports Valves primarily from: Germany ($106M), Spain ($89.4M), Italy ($52.8M), China ($35.2M), and France ($24.3M).

The fastest growing import markets in Valves for Portugal between 2018 and 2019 were Thailand ($3.97M), France ($2.25M), and Hungary ($1.15M).

Tariffs In 2017, the average tariff for Portugal in Valves was 0.65%. The countries with the highest import tariffs for Valves were Western Sahara (Most Favoured Nation duty rate treatement, 2.2%), Gabon (Most Favoured Nation duty rate treatement, 2.2%), Libya (Most Favoured Nation duty rate treatement, 2.2%), Mayotte (Most Favoured Nation duty rate treatement, 2.2%), and Reunion (Most Favoured Nation duty rate treatement, 2.2%).

Historical Data

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EXPORTS (2019): $354M

IMPORTS (2019): $388M

NET TRADE (2019): -$34.5M

In 2019, Portugal exported $354M in Valves. The main destinations of Portugal exports on Valves were Germany ($190M), Spain ($49.3M), France ($17M), United States ($13.2M), and Angola ($8.37M).

In 2019, Portugal imported $388M in Valves, mainly from Germany ($106M), Spain ($89.4M), Italy ($52.8M), China ($35.2M), and France ($24.3M).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Valves WITH:

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Valves WITH:

Flow

THE FASTEST GROWING Valves EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Portugal WERE (2018 - 2019):

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Market Concentration

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In 2019, Portugal's main exporting competitors in Valves were:

In 2019, Portugal's main importing competitors in Valves were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Valves was 0.65%.

The countries with the highest tariffs for Valves in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 2.2%), Gabon (Most Favoured Nation duty rate treatement, 2.2%), Libya (Most Favoured Nation duty rate treatement, 2.2%), Mayotte (Most Favoured Nation duty rate treatement, 2.2%), and Reunion (Most Favoured Nation duty rate treatement, 2.2%).