2023
Exports
$2.85MWorld Rnk 42 / 118
Flag Rnk 773 / 1213
2023
PRODUCT COMPLEXITY IN Casting Machines
0.64Rnk 309 / 1025
2023
Imports
$4.63MWorld Rnk 65 / 184
Flag Rnk 877 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $2.85M in Casting Machines, making it the 42nd largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 773rd most exported product in Portugal. The main destination of Casting Machines exports from Portugal are: Spain ($1.71M), Italy ($333k), United Kingdom ($257k), Germany ($134k), and Slovakia ($133k).

The fastest growing export markets for Casting Machines of Portugal between 2022 and 2023 were Spain ($1.51M), United Kingdom ($257k), and Italy ($183k).

Imports In 2023, Portugal imported $4.63M in Casting Machines, becoming the 65th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 877th most imported product in Portugal. Portugal imports Casting Machines primarily from: Italy ($1.65M), Germany ($1.24M), United States ($784k), China ($429k), and Spain ($218k).

The fastest growing import markets in Casting Machines for Portugal between 2022 and 2023 were Germany ($879k), Italy ($678k), and China ($373k).

Latest Trends

Jan 2025

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 Casting Machines. 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 (2023)$2.85M
IMPORTS (2023)$4.63M
NET TRADE (2023)-$1.78M

In 2023, Portugal exported $2.85M in Casting Machines. The main destinations of Portugal exports on Casting Machines were Spain ($1.71M), Italy ($333k), United Kingdom ($257k), Germany ($134k), and Slovakia ($133k).

In 2023, Portugal imported $4.63M in Casting Machines, mainly from Italy ($1.65M), Germany ($1.24M), United States ($784k), China ($429k), and Spain ($218k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$1.51M (745%)
United Kingdom$257k (402k%)
Italy$183k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Portugal WERE (2022 - 2023):
Austria-$268k (-100%)
United States-$201k (-92.6%)
Germany-$69.2k (-34.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Casting Machines were:
China $1.22B
Italy $396M
In 2023, Portugal's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $212k
TOP IMPORT POTENTIALItaly+ $355k

Casting Machines’s highest export potential is United States. With an export gap of $212k.   Casting Machines’s highest import potential is Italy with an import gap of $355k.

See methodology.

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