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2022
Exports $457MWorld Rnk 52 / 218
Flag Rnk 37 / 96
2022
Destination $10.8M Spain
2021 - 2022
FASTEST GROWING MARKET $10.8MSpain
2022
PRODUCT COMPLEXITY IN Copper articles1.39Rnk 71 / 1025
2022
Imports $916MWorld Rnk 44 / 225
Flag Rnk 27 / 96
2022
Origin $92.1M Spain
2021 - 2022
FASTEST GROWING ORIGIN $92.1MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $457M in Copper articles, making it the 52nd largest exporter of Copper articles in the world. At the same year, Copper articles was the 37th most exported product in Portugal. The main destination of Copper articles exports from Portugal are: Spain ($172M), China ($117M), Germany ($78.9M), France ($14.6M), and Netherlands ($14.1M).

The fastest growing export markets for Copper articles of Portugal between 2021 and 2022 were Spain ($10.8M), Germany ($10.5M), and Netherlands ($5.16M).

Imports In 2022, Portugal imported $916M in Copper articles, becoming the 44th largest importer of Copper articles in the world. At the same year, Copper articles was the 27th most imported product in Portugal. Portugal imports Copper articles primarily from: Spain ($521M), Germany ($112M), Italy ($104M), Belgium ($58.8M), and France ($51M).

The fastest growing import markets in Copper articles for Portugal between 2021 and 2022 were Spain ($92.1M), Belgium ($38.7M), and France ($13.7M).

COMPANIES In 2023, leading companies such as TE Connectivity (4), Yaheetech (1), and Home Depot (1) were at the forefront of shipping Copper articles from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Copper articles exports accounted up to €20.9M and imports accounted up to €54.7M, resulting in a negative trade balance of €33.8M. Between August 2023 and August 2024 the exports of Portugal's   Copper articles have decreased by €-7.15M (-25.5%) from €28.1M to €20.9M, while imports increased by €747k (1.38%) from €53.9M to €54.7M.

Destinations In August 2024, Copper articles were exported mostly to Spain (€6.3M), Germany (€2.9M), France (€2.56M), China (€2.35M), and Greece (€898k), and were imported mostly from Spain (€23.7M), Germany (€9.82M), Italy (€8.37M), Belgium (€4.85M), and China (€1.56M).

Growth In August 2024, the decrease in Copper articles's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-430k or -69.4%), Other Asia, nes (€-244k or -99.9%), and Italy (€-161k or -25.8%). In August 2024, the increase in Copper articles's year-by-year imports was explained primarily by an increase in imports from Belgium (€6.24M or 198%), Italy (€2.6M or 35%), and Germany (€695k or 11.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-7.15M(-25.5%)
IMPORT GROWTH (August 2023 - August 2024)€747k(1.38%)
MAIN DESTINATION (August 2024)Spain€6.3M

This section shows Copper articles'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 Copper articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$457M
IMPORTS (2022)$916M
NET TRADE (2022)-$459M

In 2022, Portugal exported $457M in Copper articles. The main destinations of Portugal exports on Copper articles were Spain ($172M), China ($117M), Germany ($78.9M), France ($14.6M), and Netherlands ($14.1M).

In 2022, Portugal imported $916M in Copper articles, mainly from Spain ($521M), Germany ($112M), Italy ($104M), Belgium ($58.8M), and France ($51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper articles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$10.8M (6.69%)
Germany$10.5M (15.3%)
Netherlands$5.16M (58%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper articles BY Portugal WERE (2021 - 2022):
China-$29.4M (-20.1%)
Belgium-$4.34M (-51.2%)
Sweden-$4.05M (-84.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Copper articles were:
Chile $22B
Democratic Republic of the Congo $17.9B
Germany $16B
In 2022, Portugal's main importing competitors in Copper articles were:
China $58B
Germany $15.2B
United States $14.7B

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Trade Value of Copper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $22.8M
TOP IMPORT POTENTIALChina+ $8M

Copper articles’s highest export potential is China. With an export gap of $22.8M.   Copper articles’s highest import potential is China with an import gap of $8M.

See methodology.

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