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2022
Exports $592MWorld Rnk 41 / 222
Flag Rnk 32 / 96
2022
Destination $15.5M Spain
2021 - 2022
FASTEST GROWING MARKET $15.5MNetherlands
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.1.97Rnk 6 / 1025
2022
Imports $1.89BWorld Rnk 32 / 226
Flag Rnk 11 / 96
2022
Origin $34M Germany
2021 - 2022
FASTEST GROWING ORIGIN $34MIreland
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $592M in Chemical products n.e.s., making it the 41st largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 32nd most exported product in Portugal. The main destination of Chemical products n.e.s. exports from Portugal are: Spain ($124M), France ($78.5M), Germany ($66.1M), Italy ($52.2M), and Belgium ($45.7M).

The fastest growing export markets for Chemical products n.e.s. of Portugal between 2021 and 2022 were Netherlands ($15.5M), Italy ($12.5M), and Brazil ($2.69M).

Imports In 2022, Portugal imported $1.89B in Chemical products n.e.s., becoming the 32nd largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 11th most imported product in Portugal. Portugal imports Chemical products n.e.s. primarily from: Germany ($666M), Poland ($378M), Spain ($333M), Italy ($71.8M), and France ($66.7M).

The fastest growing import markets in Chemical products n.e.s. for Portugal between 2021 and 2022 were Ireland ($34M), Denmark ($11.9M), and Belgium ($11.2M).

COMPANIES In 2023, leading companies such as Home Depot (6), IKEA Group (2), and Porsche (2) were at the forefront of shipping Chemical products n.e.s. from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Chemical products n.e.s. exports accounted up to €29.4M and imports accounted up to €111M, resulting in a negative trade balance of €81.4M. Between August 2023 and August 2024 the exports of Portugal's   Chemical products n.e.s. have decreased by €-2.93M (-9.08%) from €32.3M to €29.4M, while imports decreased by €-9.91M (-8.22%) from €121M to €111M.

Destinations In August 2024, Chemical products n.e.s. were exported mostly to Spain (€9.24M), France (€3.39M), Germany (€2.96M), Belgium (€1.95M), and Brazil (€1.56M), and were imported mostly from Germany (€36.7M), Spain (€29.8M), Poland (€9.13M), Belgium (€5.12M), and France (€5.05M).

Growth In August 2024, the decrease in Chemical products n.e.s.'s year-by-year exports was explained primarily by a decrease in exports to Spain (€-2.62M or -26.1%), Mozambique (€-2.36M or -82.9%), and Belgium (€-1.72M or -18.7%). In August 2024, the decrease in Chemical products n.e.s.'s year-by-year imports was explained primarily by a decrease in imports from China (€-15.2M or -94.4%), Germany (€-6.79M or -10.8%), and Brazil (€-1.79M or -48.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.93M(-9.08%)
IMPORT GROWTH (August 2023 - August 2024)€-9.91M(-8.22%)
MAIN DESTINATION (August 2024)Spain€9.24M

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 (2022)$592M
IMPORTS (2022)$1.89B
NET TRADE (2022)-$1.29B

In 2022, Portugal exported $592M in Chemical products n.e.s.. The main destinations of Portugal exports on Chemical products n.e.s. were Spain ($124M), France ($78.5M), Germany ($66.1M), Italy ($52.2M), and Belgium ($45.7M).

In 2022, Portugal imported $1.89B in Chemical products n.e.s., mainly from Germany ($666M), Poland ($378M), Spain ($333M), Italy ($71.8M), and France ($66.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$15.5M (58.5%)
Italy$12.5M (31.4%)
Brazil$2.69M (27.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Portugal WERE (2021 - 2022):
Spain-$41.5M (-25.1%)
Belgium-$4.9M (-9.7%)
Bulgaria-$3.76M (-35.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Chemical products n.e.s. were:
China $42.1B
United States $30.3B
Germany $26.5B
In 2022, Portugal's main importing competitors in Chemical products n.e.s. were:
United States $17.8B
Germany $17.8B
Netherlands $16.9B

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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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