2023
Exports
$3.3MWorld Rnk 37 / 103
Flag Rnk 743 / 1213
2023
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.13Rnk 135 / 1025
2023
Imports
$15.8MWorld Rnk 41 / 189
Flag Rnk 628 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $3.3M in Flat-Rolled Iron, making it the 37th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 743rd most exported product in Portugal. The main destination of Flat-Rolled Iron exports from Portugal are: France ($1.27M), Spain ($1.1M), Angola ($614k), Ireland ($115k), and Italy ($77.8k).

The fastest growing export markets for Flat-Rolled Iron of Portugal between 2022 and 2023 were Spain ($815k), France ($125k), and Ireland ($115k).

Imports In 2023, Portugal imported $15.8M in Flat-Rolled Iron, becoming the 41st largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 628th most imported product in Portugal. Portugal imports Flat-Rolled Iron primarily from: Germany ($4.52M), France ($4.26M), Spain ($2.58M), Austria ($1.37M), and Italy ($957k).

The fastest growing import markets in Flat-Rolled Iron for Portugal between 2022 and 2023 were France ($663k), China ($633k), and Austria ($476k).

COMPANIES In 2024, leading companies such as Hyosung (1) were at the forefront of shipping Flat-Rolled Iron 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 Flat-Rolled Iron. 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)$3.3M
IMPORTS (2023)$15.8M
NET TRADE (2023)-$12.5M

In 2023, Portugal exported $3.3M in Flat-Rolled Iron. The main destinations of Portugal exports on Flat-Rolled Iron were France ($1.27M), Spain ($1.1M), Angola ($614k), Ireland ($115k), and Italy ($77.8k).

In 2023, Portugal imported $15.8M in Flat-Rolled Iron, mainly from Germany ($4.52M), France ($4.26M), Spain ($2.58M), Austria ($1.37M), and Italy ($957k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$815k (281%)
France$125k (10.9%)
Ireland$115k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Portugal WERE (2022 - 2023):
Angola-$622k (-50.4%)
India-$373k (-100%)
Brazil-$108k (-89%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Flat-Rolled Iron were:
In 2023, Portugal's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $225k
TOP IMPORT POTENTIALGermany+ $825k

Flat-Rolled Iron’s highest export potential is Spain. With an export gap of $225k.   Flat-Rolled Iron’s highest import potential is Germany with an import gap of $825k.

See methodology.

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