2023
Exports
$223MWorld Rnk 87 / 167
Flag Rnk 76 / 1213
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$62.6MWorld Rnk 70 / 174
Flag Rnk 337 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $223M in Gold, making it the 87th largest exporter of Gold in the world. At the same year, Gold was the 76th most exported product in Portugal. The main destination of Gold exports from Portugal are: Italy ($141M), Germany ($48.1M), Spain ($15.8M), France ($11.1M), and Belgium ($6.34M).

The fastest growing export markets for Gold of Portugal between 2022 and 2023 were Germany ($13.9M), Belgium ($6.1M), and Switzerland ($810k).

Imports In 2023, Portugal imported $62.6M in Gold, becoming the 70th largest importer of Gold in the world. At the same year, Gold was the 337th most imported product in Portugal. Portugal imports Gold primarily from: France ($25.1M), Germany ($17.2M), Gabon ($10.9M), Austria ($3M), and Spain ($2.62M).

The fastest growing import markets in Gold for Portugal between 2022 and 2023 were Angola ($1.1M), Gabon ($1.03M), and United Arab Emirates ($311k).

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 Gold. 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)$223M
IMPORTS (2023)$62.6M
NET TRADE (2023)$160M

In 2023, Portugal exported $223M in Gold. The main destinations of Portugal exports on Gold were Italy ($141M), Germany ($48.1M), Spain ($15.8M), France ($11.1M), and Belgium ($6.34M).

In 2023, Portugal imported $62.6M in Gold, mainly from France ($25.1M), Germany ($17.2M), Gabon ($10.9M), Austria ($3M), and Spain ($2.62M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$13.9M (40.7%)
Belgium$6.1M (2.47k%)
Switzerland$810k (178k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Portugal WERE (2022 - 2023):
Italy-$9.72M (-6.47%)
Netherlands-$33.2k (-57.2%)
United States-$18k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Gold were:
In 2023, Portugal's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.5M
TOP IMPORT POTENTIALSpain+ $7.71M

Gold’s highest export potential is Germany. With an export gap of $15.5M.   Gold’s highest import potential is Spain with an import gap of $7.71M.

See methodology.

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