2022
Exports
$53.2MWorld Rnk 5 / 86
Flag Rnk 267 / 1216
2022
PRODUCT COMPLEXITY IN Felt Machinery
0.94Rnk 196 / 1025
2022
Imports
$1.07MWorld Rnk 54 / 151
Flag Rnk 1044 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $53.2M in Felt Machinery, making it the 5th largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 267th most exported product in Portugal. The main destination of Felt Machinery exports from Portugal are: Germany ($21.2M), United States ($10.1M), Singapore ($9.38M), China ($6.18M), and Japan ($1.4M).

The fastest growing export markets for Felt Machinery of Portugal between 2021 and 2022 were Turkey ($672k), United Kingdom ($343k), and Czechia ($107k).

Imports In 2022, Portugal imported $1.07M in Felt Machinery, becoming the 54th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 1044th most imported product in Portugal. Portugal imports Felt Machinery primarily from: Germany ($363k), China ($307k), Italy ($182k), Denmark ($131k), and Chinese Taipei ($63.7k).

The fastest growing import markets in Felt Machinery for Portugal between 2021 and 2022 were Denmark ($104k), Italy ($96.9k), and Japan ($2.26k).

Latest Trends

Sep 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 Felt Machinery. 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 (2022)$53.2M
IMPORTS (2022)$1.07M
NET TRADE (2022)$52.1M

In 2022, Portugal exported $53.2M in Felt Machinery. The main destinations of Portugal exports on Felt Machinery were Germany ($21.2M), United States ($10.1M), Singapore ($9.38M), China ($6.18M), and Japan ($1.4M).

In 2022, Portugal imported $1.07M in Felt Machinery, mainly from Germany ($363k), China ($307k), Italy ($182k), Denmark ($131k), and Chinese Taipei ($63.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Turkey$672k (120%)
United Kingdom$343k (5.88k%)
Czechia$107k (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Portugal WERE (2021 - 2022):
Germany-$2.46M (-10.4%)
Singapore-$1.11M (-10.6%)
China-$741k (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Felt Machinery were:
In 2022, Portugal's main importing competitors in Felt Machinery were:

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.47M
TOP IMPORT POTENTIALChina+ $147k

Felt Machinery’s highest export potential is China. With an export gap of $1.47M.   Felt Machinery’s highest import potential is China with an import gap of $147k.

See methodology.

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