2022
Exports
$110MWorld Rnk 43 / 151
Flag Rnk 158 / 1216
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$832MWorld Rnk 28 / 214
Flag Rnk 16 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $110M in Hot-Rolled Iron, making it the 43rd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 158th most exported product in Portugal. The main destination of Hot-Rolled Iron exports from Portugal are: Spain ($69.6M), France ($18M), Ireland ($6.79M), Angola ($6.03M), and Cote d'Ivoire ($3.16M).

The fastest growing export markets for Hot-Rolled Iron of Portugal between 2021 and 2022 were Ireland ($6.66M), Angola ($3.47M), and France ($3.37M).

Imports In 2022, Portugal imported $832M in Hot-Rolled Iron, becoming the 28th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 16th most imported product in Portugal. Portugal imports Hot-Rolled Iron primarily from: Brazil ($213M), Spain ($128M), France ($100M), Chinese Taipei ($77.9M), and Japan ($72M).

The fastest growing import markets in Hot-Rolled Iron for Portugal between 2021 and 2022 were Brazil ($121M), France ($28.8M), and Spain ($20.7M).

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 Hot-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 (2022)$110M
IMPORTS (2022)$832M
NET TRADE (2022)-$722M

In 2022, Portugal exported $110M in Hot-Rolled Iron. The main destinations of Portugal exports on Hot-Rolled Iron were Spain ($69.6M), France ($18M), Ireland ($6.79M), Angola ($6.03M), and Cote d'Ivoire ($3.16M).

In 2022, Portugal imported $832M in Hot-Rolled Iron, mainly from Brazil ($213M), Spain ($128M), France ($100M), Chinese Taipei ($77.9M), and Japan ($72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Ireland$6.66M (4.84k%)
Angola$3.47M (136%)
France$3.37M (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Portugal WERE (2021 - 2022):
Spain-$29.2M (-29.5%)
Mozambique-$2.55M (-99.5%)
Egypt-$425k (-83.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Portugal's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $7.09M
TOP IMPORT POTENTIALJapan+ $14.3M

Hot-Rolled Iron’s highest export potential is Spain. With an export gap of $7.09M.   Hot-Rolled Iron’s highest import potential is Japan with an import gap of $14.3M.

See methodology.

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