2022
Exports
$3.97MWorld Rnk 50 / 182
Flag Rnk 709 / 1216
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$30.8MWorld Rnk 39 / 216
Flag Rnk 465 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.97M in Electromagnets, making it the 50th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 709th most exported product in Portugal. The main destination of Electromagnets exports from Portugal are: France ($777k), United States ($623k), Germany ($603k), Italy ($447k), and Switzerland ($260k).

The fastest growing export markets for Electromagnets of Portugal between 2021 and 2022 were France ($464k), Switzerland ($256k), and Italy ($200k).

Imports In 2022, Portugal imported $30.8M in Electromagnets, becoming the 39th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 465th most imported product in Portugal. Portugal imports Electromagnets primarily from: Germany ($9.21M), China ($7.27M), Spain ($3.97M), Italy ($2.17M), and South Korea ($2.08M).

The fastest growing import markets in Electromagnets for Portugal between 2021 and 2022 were Germany ($469k), Italy ($412k), and China ($240k).

COMPANIES In 2023, leading companies such as Robert Bosch (1) were at the forefront of shipping Electromagnets from Portugal to the United States.

Latest Trends

Nov 2024

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 Electromagnets. 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 (2022)$3.97M
IMPORTS (2022)$30.8M
NET TRADE (2022)-$26.8M

In 2022, Portugal exported $3.97M in Electromagnets. The main destinations of Portugal exports on Electromagnets were France ($777k), United States ($623k), Germany ($603k), Italy ($447k), and Switzerland ($260k).

In 2022, Portugal imported $30.8M in Electromagnets, mainly from Germany ($9.21M), China ($7.27M), Spain ($3.97M), Italy ($2.17M), and South Korea ($2.08M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$464k (148%)
Switzerland$256k (5.76k%)
Italy$200k (80.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Portugal WERE (2021 - 2022):
China-$380k (-76.2%)
Japan-$226k (-99.2%)
Austria-$208k (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Portugal's main importing competitors in Electromagnets were:

Explore Visualizations

Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $856k
TOP IMPORT POTENTIALChina+ $3.89M

Electromagnets’s highest export potential is United States. With an export gap of $856k.   Electromagnets’s highest import potential is China with an import gap of $3.89M.

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