2022
Exports | Imports
$78.2M | $114MWorld Rnk 36 / 219
Flag Rnk 211 / 1216
World Rnk 43 / 220
Flag Rnk 209 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.27Rnk 91 / 1025

About

Exports In 2022, Portugal exported $78.2M in Ball Bearings, making it the 36th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 211th most exported product in Portugal. The main destination of Ball Bearings exports from Portugal are: Germany ($58.2M), Spain ($3.95M), United States ($2.78M), Angola ($2.37M), and Poland ($845k).

The fastest growing export markets for Ball Bearings of Portugal between 2021 and 2022 were Spain ($1.92M), United States ($1.16M), and Thailand ($632k).

Imports In 2022, Portugal imported $114M in Ball Bearings, becoming the 43rd largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 209th most imported product in Portugal. Portugal imports Ball Bearings primarily from: Spain ($28.6M), China ($23.1M), Germany ($10.3M), France ($9.31M), and Italy ($7.39M).

The fastest growing import markets in Ball Bearings for Portugal between 2021 and 2022 were Spain ($5.48M), South Korea ($1.47M), and United States ($1.08M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Ball Bearings from Portugal to the United States.

Latest Trends

Feb 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 Ball Bearings. 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)$78.2M
IMPORTS (2022)$114M
NET TRADE (2022)-$35.3M

In 2022, Portugal exported $78.2M in Ball Bearings. The main destinations of Portugal exports on Ball Bearings were Germany ($58.2M), Spain ($3.95M), United States ($2.78M), Angola ($2.37M), and Poland ($845k).

In 2022, Portugal imported $114M in Ball Bearings, mainly from Spain ($28.6M), China ($23.1M), Germany ($10.3M), France ($9.31M), and Italy ($7.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$1.92M (94.8%)
United States$1.16M (71.7%)
Thailand$632k (323%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Portugal WERE (2021 - 2022):
Hungary-$1.76M (-79.3%)
Germany-$1.31M (-2.2%)
Austria-$833k (-96.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Portugal's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

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