2023
Exports
$29.3MWorld Rnk 33 / 197
Flag Rnk 355 / 1213
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$71.9MWorld Rnk 38 / 224
Flag Rnk 304 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $29.3M in Electric Soldering Equipment, making it the 33rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 355th most exported product in Portugal. The main destination of Electric Soldering Equipment exports from Portugal are: Germany ($6.05M), Spain ($4.84M), France ($2.44M), Angola ($1.9M), and Canada ($1.31M).

The fastest growing export markets for Electric Soldering Equipment of Portugal between 2022 and 2023 were Germany ($4.43M), Spain ($1.64M), and Turkey ($830k).

Imports In 2023, Portugal imported $71.9M in Electric Soldering Equipment, becoming the 38th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 304th most imported product in Portugal. Portugal imports Electric Soldering Equipment primarily from: Spain ($30.9M), Germany ($10.1M), China ($6.98M), Italy ($4.96M), and Finland ($2.31M).

The fastest growing import markets in Electric Soldering Equipment for Portugal between 2022 and 2023 were Spain ($3.69M), China ($2.62M), and United States ($1.76M).

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 Electric Soldering Equipment. 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)$29.3M
IMPORTS (2023)$71.9M
NET TRADE (2023)-$42.6M

In 2023, Portugal exported $29.3M in Electric Soldering Equipment. The main destinations of Portugal exports on Electric Soldering Equipment were Germany ($6.05M), Spain ($4.84M), France ($2.44M), Angola ($1.9M), and Canada ($1.31M).

In 2023, Portugal imported $71.9M in Electric Soldering Equipment, mainly from Spain ($30.9M), Germany ($10.1M), China ($6.98M), Italy ($4.96M), and Finland ($2.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$4.43M (272%)
Spain$1.64M (51.2%)
Turkey$830k (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Portugal WERE (2022 - 2023):
India-$661k (-96.6%)
Angola-$460k (-19.5%)
United States-$344k (-60.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Electric Soldering Equipment were:
In 2023, Portugal's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.4M
TOP IMPORT POTENTIALChina+ $3.57M

Electric Soldering Equipment’s highest export potential is United States. With an export gap of $1.4M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $3.57M.

See methodology.

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