2022
Exports
$5.74MWorld Rnk 49 / 179
Flag Rnk 661 / 1216
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$12.4MWorld Rnk 53 / 211
Flag Rnk 686 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $5.74M in Compasses, making it the 49th largest exporter of Compasses in the world. At the same year, Compasses was the 661st most exported product in Portugal. The main destination of Compasses exports from Portugal are: Italy ($1.02M), Denmark ($909k), France ($718k), Netherlands ($586k), and Spain ($273k).

The fastest growing export markets for Compasses of Portugal between 2021 and 2022 were Denmark ($886k), Netherlands ($466k), and South Africa ($146k).

Imports In 2022, Portugal imported $12.4M in Compasses, becoming the 53rd largest importer of Compasses in the world. At the same year, Compasses was the 686th most imported product in Portugal. Portugal imports Compasses primarily from: Spain ($3.3M), Netherlands ($2.02M), Italy ($1.91M), United States ($1.66M), and France ($937k).

The fastest growing import markets in Compasses for Portugal between 2021 and 2022 were Spain ($694k), Norway ($333k), and Slovenia ($205k).

Latest Trends

Jul 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 Compasses. 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)$5.74M
IMPORTS (2022)$12.4M
NET TRADE (2022)-$6.64M

In 2022, Portugal exported $5.74M in Compasses. The main destinations of Portugal exports on Compasses were Italy ($1.02M), Denmark ($909k), France ($718k), Netherlands ($586k), and Spain ($273k).

In 2022, Portugal imported $12.4M in Compasses, mainly from Spain ($3.3M), Netherlands ($2.02M), Italy ($1.91M), United States ($1.66M), and France ($937k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Denmark$886k (3.78k%)
Netherlands$466k (390%)
South Africa$146k (5.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Portugal WERE (2021 - 2022):
Spain-$163k (-37.3%)
Italy-$101k (-9.04%)
Germany-$95.2k (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $396k
N/AN/AN/A

Compasses’s highest export potential is France. With an export gap of $396k.   Compasses’s highest import potential is N/A with an import gap of N/A.

See methodology.

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