2023
Exports
$56.2MWorld Rnk 28 / 166
Flag Rnk 257 / 1213
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$100MWorld Rnk 40 / 218
Flag Rnk 230 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $56.2M in Cranes, making it the 28th largest exporter of Cranes in the world. At the same year, Cranes was the 257th most exported product in Portugal. The main destination of Cranes exports from Portugal are: United States ($11.9M), Italy ($8.31M), Switzerland ($5.9M), Germany ($3.86M), and France ($3.74M).

The fastest growing export markets for Cranes of Portugal between 2022 and 2023 were United States ($7.48M), Israel ($2.77M), and Italy ($2.67M).

Imports In 2023, Portugal imported $100M in Cranes, becoming the 40th largest importer of Cranes in the world. At the same year, Cranes was the 230th most imported product in Portugal. Portugal imports Cranes primarily from: China ($23.5M), Spain ($15.3M), Austria ($10.9M), France ($9.16M), and United Kingdom ($7.33M).

The fastest growing import markets in Cranes for Portugal between 2022 and 2023 were China ($23.4M), France ($5.54M), and United Kingdom ($4.25M).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Cranes from Portugal to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Cranes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$56.2M
IMPORTS (2023)$100M
NET TRADE (2023)-$43.9M

In 2023, Portugal exported $56.2M in Cranes. The main destinations of Portugal exports on Cranes were United States ($11.9M), Italy ($8.31M), Switzerland ($5.9M), Germany ($3.86M), and France ($3.74M).

In 2023, Portugal imported $100M in Cranes, mainly from China ($23.5M), Spain ($15.3M), Austria ($10.9M), France ($9.16M), and United Kingdom ($7.33M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United States$7.48M (168%)
Israel$2.77M (535%)
Italy$2.67M (47.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Portugal WERE (2022 - 2023):
Germany-$9.4M (-70.9%)
France-$5.02M (-57.4%)
Switzerland-$4.03M (-40.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Portugal's main importing competitors in Cranes were:

Explore Visualizations

Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.81M
TOP IMPORT POTENTIALSpain+ $3.75M

Cranes’s highest export potential is United States. With an export gap of $3.81M.   Cranes’s highest import potential is Spain with an import gap of $3.75M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with