2023
Exports
$945MWorld Rnk 21 / 220
Flag Rnk 17 / 1213
2023
PRODUCT COMPLEXITY IN Electrical Control Boards
0.69Rnk 285 / 1025
2023
Imports
$280MWorld Rnk 44 / 225
Flag Rnk 86 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $945M in Electrical Control Boards, making it the 21st largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 17th most exported product in Portugal. The main destination of Electrical Control Boards exports from Portugal are: Germany ($482M), United States ($87.6M), China ($81.8M), United Kingdom ($80.4M), and Spain ($59.1M).

The fastest growing export markets for Electrical Control Boards of Portugal between 2022 and 2023 were Germany ($65M), United Kingdom ($43.6M), and Spain ($40.2M).

Imports In 2023, Portugal imported $280M in Electrical Control Boards, becoming the 44th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 86th most imported product in Portugal. Portugal imports Electrical Control Boards primarily from: Germany ($57.2M), Spain ($50M), Czechia ($36.8M), China ($18.8M), and Romania ($17.4M).

The fastest growing import markets in Electrical Control Boards for Portugal between 2022 and 2023 were Spain ($13.9M), Romania ($6.23M), and Germany ($6.09M).

COMPANIES In 2024, leading companies such as Robert Bosch (21) and IKEA Group (1) were at the forefront of shipping Electrical Control Boards from Portugal to the United States.

Latest Trends

Jan 2025

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 Electrical Control Boards. 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)$945M
IMPORTS (2023)$280M
NET TRADE (2023)$664M

In 2023, Portugal exported $945M in Electrical Control Boards. The main destinations of Portugal exports on Electrical Control Boards were Germany ($482M), United States ($87.6M), China ($81.8M), United Kingdom ($80.4M), and Spain ($59.1M).

In 2023, Portugal imported $280M in Electrical Control Boards, mainly from Germany ($57.2M), Spain ($50M), Czechia ($36.8M), China ($18.8M), and Romania ($17.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$65M (15.6%)
United Kingdom$43.6M (119%)
Spain$40.2M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Portugal WERE (2022 - 2023):
China-$11.1M (-12%)
South Korea-$2.11M (-85.9%)
United Arab Emirates-$1.63M (-72.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, Portugal's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.6M
TOP IMPORT POTENTIALChina+ $17.8M

Electrical Control Boards’s highest export potential is United States. With an export gap of $45.6M.   Electrical Control Boards’s highest import potential is China with an import gap of $17.8M.

See methodology.

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