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2023
Exports $541MWorld Rnk 42 / 221
Flag Rnk 34 / 96
2023
Destination $13.9M Spain
2022 - 2023
FASTEST GROWING MARKET $13.9MFrance
2023
PRODUCT COMPLEXITY IN Chemical products n.e.s.1.86Rnk 7 / 1025
2023
Imports $1.89BWorld Rnk 31 / 226
Flag Rnk 12 / 96
2023
Origin $64.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $64.9MPoland
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $541M in Chemical products n.e.s., making it the 42nd largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 34th most exported product in Portugal. The main destination of Chemical products n.e.s. exports from Portugal are: Spain ($101M), France ($95.5M), Germany ($64.1M), Italy ($50.6M), and Belgium ($35.7M).

The fastest growing export markets for Chemical products n.e.s. of Portugal between 2022 and 2023 were France ($13.9M), Belgium ($5.47M), and United Kingdom ($5.15M).

Imports In 2023, Portugal imported $1.89B in Chemical products n.e.s., becoming the 31st largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 12th most imported product in Portugal. Portugal imports Chemical products n.e.s. primarily from: Germany ($603M), Poland ($464M), Spain ($367M), Belgium ($73.9M), and France ($63.8M).

The fastest growing import markets in Chemical products n.e.s. for Portugal between 2022 and 2023 were Poland ($64.9M), Spain ($16.8M), and India ($10.3M).

COMPANIES In 2024, leading companies such as IKEA Group (4), RHI Magnesita (1), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (1) were at the forefront of shipping Chemical products n.e.s. from Portugal to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Portugal's Chemical products n.e.s. exports accounted up to €41.5M and imports accounted up to €112M, resulting in a negative trade balance of €70.2M. Between December 2023 and December 2024 the exports of Portugal's   Chemical products n.e.s. have increased by €5.27M (14.6%) from €36.2M to €41.5M, while imports decreased by €-14.7M (-11.6%) from €126M to €112M.

Destinations In December 2024, Chemical products n.e.s. were exported mostly to Spain (€13.6M), France (€4.34M), Italy (€3.82M), Germany (€2.8M), and United States (€2.36M), and were imported mostly from Germany (€31.8M), Spain (€31M), Poland (€7.87M), France (€6.74M), and Belgium (€4.51M).

Growth In December 2024, the increase in Chemical products n.e.s.'s year-by-year exports was explained primarily by an increase in exports to France (€1.49M or 18.5%), Spain (€1.36M or 18.4%), and Algeria (€720k or 281%). In December 2024, the decrease in Chemical products n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from Poland (€-24.3M or -44.9%), Netherlands (€-4.77M or -37.1%), and Germany (€-4.47M or -7.94%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€5.27M(14.6%)
IMPORT GROWTH (December 2023 - December 2024)€-14.7M(-11.6%)
MAIN DESTINATION (December 2024)Spain€13.6M

This section shows Chemical products n.e.s.'s exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Chemical products n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$541M
IMPORTS (2023)$1.89B
NET TRADE (2023)-$1.35B

In 2023, Portugal exported $541M in Chemical products n.e.s.. The main destinations of Portugal exports on Chemical products n.e.s. were Spain ($101M), France ($95.5M), Germany ($64.1M), Italy ($50.6M), and Belgium ($35.7M).

In 2023, Portugal imported $1.89B in Chemical products n.e.s., mainly from Germany ($603M), Poland ($464M), Spain ($367M), Belgium ($73.9M), and France ($63.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
France$13.9M (17.1%)
Belgium$5.47M (18.1%)
United Kingdom$5.15M (28.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Portugal WERE (2022 - 2023):
Spain-$27.5M (-21.3%)
Netherlands-$17.8M (-38.2%)
Mozambique-$14.3M (-88%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Chemical products n.e.s. were:
China $39.6B
United States $30.1B
Germany $24.8B
In 2023, Portugal's main importing competitors in Chemical products n.e.s. were:
United States $20.2B
Germany $15.9B
China $14.4B

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $25.4M
TOP IMPORT POTENTIALChina+ $34.5M

Chemical products n.e.s.’s highest export potential is Spain. With an export gap of $25.4M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $34.5M.

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