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Exports In 2022, Portugal exported $323k in Balances, making it the 33rd largest exporter of Balances in the world. At the same year, Balances was the 1037th most exported product in Portugal. The main destination of Balances exports from Portugal are: France ($145k), Angola ($139k), Germany ($10.2k), Mozambique ($9.09k), and Cape Verde ($5.3k).

The fastest growing export markets for Balances of Portugal between 2021 and 2022 were France ($89.2k), United Kingdom ($3.33k), and Germany ($2.49k).

Imports In 2018, Portugal imported $1.16M in Balances, becoming the 50th largest importer of Balances in the world. At the same year, Balances was the 1034th most imported product in Portugal. Portugal imports Balances primarily from: Germany ($482k), Netherlands ($390k), Spain ($155k), France ($26.9k), and Switzerland ($24k).

The fastest growing import markets in Balances for Portugal between 2021 and 2022 were Lebanon ($9.62k), Norway ($4.79k), and Switzerland ($2.58k).

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 Balances. 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)$323k
IMPORTS (2022)$1.16M
NET TRADE (2022)-$837k

In 2022, Portugal exported $323k in Balances. The main destinations of Portugal exports on Balances were France ($145k), Angola ($139k), Germany ($10.2k), Mozambique ($9.09k), and Cape Verde ($5.3k).

In 2022, Portugal imported $1.16M in Balances, mainly from Germany ($482k), Netherlands ($390k), Spain ($155k), France ($26.9k), and Switzerland ($24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$89.2k (159%)
United Kingdom$3.33k (838%)
Germany$2.49k (32.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Portugal WERE (2021 - 2022):
Angola-$27.6k (-16.6%)
Italy-$14.9k (-100%)
Colombia-$10.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $12.3k
TOP IMPORT POTENTIALChina+ $29k

Balances’s highest export potential is Germany. With an export gap of $12.3k.   Balances’s highest import potential is China with an import gap of $29k.

See methodology.

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