2023
Exports
$274MWorld Rnk 30 / 111
Flag Rnk 60 / 1213
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$9.02MWorld Rnk 36 / 102
Flag Rnk 755 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $274M in Copper Ore, making it the 30th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 60th most exported product in Portugal. The main destination of Copper Ore exports from Portugal are: Sweden ($109M), Finland ($107M), Spain ($51.1M), Bulgaria ($7.71M), and South Africa ($28).

The fastest growing export markets for Copper Ore of Portugal between 2022 and 2023 were Spain ($49.2M), Sweden ($22M), and South Africa ($28).

Imports In 2023, Portugal imported $9.02M in Copper Ore, becoming the 36th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 755th most imported product in Portugal. Portugal imports Copper Ore primarily from: Spain ($9.02M), Netherlands ($936), Canada ($403), and Switzerland ($133).

The fastest growing import markets in Copper Ore for Portugal between 2022 and 2023 were Spain ($3.88M), Netherlands ($427), and Switzerland ($133).

Latest Trends

Dec 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 Copper Ore. 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)$274M
IMPORTS (2023)$9.02M
NET TRADE (2023)$265M

In 2023, Portugal exported $274M in Copper Ore. The main destinations of Portugal exports on Copper Ore were Sweden ($109M), Finland ($107M), Spain ($51.1M), Bulgaria ($7.71M), and South Africa ($28).

In 2023, Portugal imported $9.02M in Copper Ore, mainly from Spain ($9.02M), Netherlands ($936), Canada ($403), and Switzerland ($133).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$49.2M (2.53k%)
Sweden$22M (25.4%)
South Africa$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Portugal WERE (2022 - 2023):
Finland-$36.8M (-25.6%)
Bulgaria-$11.1M (-59%)
Germany-$9.14M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Portugal's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $6.76M
TOP IMPORT POTENTIALSpain+ $1.05M

Copper Ore’s highest export potential is Germany. With an export gap of $6.76M.   Copper Ore’s highest import potential is Spain with an import gap of $1.05M.

See methodology.

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