2022
Exports
$13.3MWorld Rnk 40 / 190
Flag Rnk 505 / 1216
2022
PRODUCT COMPLEXITY IN Batteries
0.69Rnk 280 / 1025
2022
Imports
$45.2MWorld Rnk 41 / 225
Flag Rnk 390 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $13.3M in Batteries, making it the 40th largest exporter of Batteries in the world. At the same year, Batteries was the 505th most exported product in Portugal. The main destination of Batteries exports from Portugal are: Spain ($9M), Angola ($1.65M), Germany ($949k), Hungary ($267k), and United States ($200k).

The fastest growing export markets for Batteries of Portugal between 2021 and 2022 were Spain ($1.37M), Angola ($993k), and Germany ($371k).

Imports In 2022, Portugal imported $45.2M in Batteries, becoming the 41st largest importer of Batteries in the world. At the same year, Batteries was the 390th most imported product in Portugal. Portugal imports Batteries primarily from: Spain ($18.2M), Belgium ($6.17M), Germany ($5.21M), France ($3.42M), and China ($2.81M).

The fastest growing import markets in Batteries for Portugal between 2021 and 2022 were Belgium ($2.48M), France ($807k), and Japan ($457k).

COMPANIES In 2023, leading companies such as Porsche (2) were at the forefront of shipping Batteries from Portugal to the United States.

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 Batteries. 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)$13.3M
IMPORTS (2022)$45.2M
NET TRADE (2022)-$31.9M

In 2022, Portugal exported $13.3M in Batteries. The main destinations of Portugal exports on Batteries were Spain ($9M), Angola ($1.65M), Germany ($949k), Hungary ($267k), and United States ($200k).

In 2022, Portugal imported $45.2M in Batteries, mainly from Spain ($18.2M), Belgium ($6.17M), Germany ($5.21M), France ($3.42M), and China ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Batteries EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$1.37M (18%)
Angola$993k (150%)
Germany$371k (64.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Batteries BY Portugal WERE (2021 - 2022):
Hungary-$272k (-50.4%)
United Kingdom-$250k (-91.2%)
United States-$136k (-40.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $746k
TOP IMPORT POTENTIALChina+ $2.68M

Batteries’s highest export potential is United States. With an export gap of $746k.   Batteries’s highest import potential is China with an import gap of $2.68M.

See methodology.

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