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2022
Exports $238MWorld Rnk 68 / 210
Flag Rnk 54 / 96
2022
Destination $75.8M Spain
2021 - 2022
FASTEST GROWING MARKET $75.8MSpain
2022
PRODUCT COMPLEXITY IN Inorganic chemicals1.72Rnk 21 / 1025
2022
Imports $935MWorld Rnk 42 / 225
Flag Rnk 24 / 96
2022
Origin $73.7M Spain
2021 - 2022
FASTEST GROWING ORIGIN $73.7MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $238M in Inorganic chemicals, making it the 68th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 54th most exported product in Portugal. The main destination of Inorganic chemicals exports from Portugal are: Spain ($144M), Angola ($16.4M), Canada ($15.3M), Finland ($7.37M), and Mexico ($7.03M).

The fastest growing export markets for Inorganic chemicals of Portugal between 2021 and 2022 were Spain ($75.8M), Canada ($12M), and Mexico ($5.73M).

Imports In 2022, Portugal imported $935M in Inorganic chemicals, becoming the 42nd largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 24th most imported product in Portugal. Portugal imports Inorganic chemicals primarily from: Spain ($285M), Algeria ($121M), Turkey ($89.5M), France ($43.1M), and Germany ($42.8M).

The fastest growing import markets in Inorganic chemicals for Portugal between 2021 and 2022 were Spain ($73.7M), Algeria ($51.7M), and Turkey ($45.2M).

COMPANIES In 2023, leading companies such as Home Depot (5) were at the forefront of shipping Inorganic chemicals from Portugal to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Portugal's Inorganic chemicals exports accounted up to €27.5M and imports accounted up to €123M, resulting in a negative trade balance of €95.1M. Between September 2023 and September 2024 the exports of Portugal's   Inorganic chemicals have increased by €9.24M (50.6%) from €18.2M to €27.5M, while imports increased by €69.9M (133%) from €52.7M to €123M.

Destinations In September 2024, Inorganic chemicals were exported mostly to Spain (€12.9M), Ireland (€7.26M), Angola (€1.69M), Cape Verde (€876k), and France (€814k), and were imported mostly from Spain (€50.5M), Algeria (€12.3M), France (€10.5M), China (€9.61M), and Turkey (€8.9M).

Growth In September 2024, the increase in Inorganic chemicals's year-by-year exports was explained primarily by an increase in exports to Spain (€6.85M or 151%), Ireland (€3.36M or 55.4k%), and Mexico (€1.24M or 4.42k%). In September 2024, the increase in Inorganic chemicals's year-by-year imports was explained primarily by an increase in imports from Egypt (€10.6M or 289%), Turkey (€4.39M or 65.1%), and France (€1.55M or 57.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€9.24M(50.6%)
IMPORT GROWTH (September 2023 - September 2024)€69.9M(133%)
MAIN DESTINATION (September 2024)Spain€12.9M

This section shows Inorganic chemicals's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Inorganic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$238M
IMPORTS (2022)$935M
NET TRADE (2022)-$696M

In 2022, Portugal exported $238M in Inorganic chemicals. The main destinations of Portugal exports on Inorganic chemicals were Spain ($144M), Angola ($16.4M), Canada ($15.3M), Finland ($7.37M), and Mexico ($7.03M).

In 2022, Portugal imported $935M in Inorganic chemicals, mainly from Spain ($285M), Algeria ($121M), Turkey ($89.5M), France ($43.1M), and Germany ($42.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$75.8M (110%)
Canada$12M (372%)
Mexico$5.73M (439%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Portugal WERE (2021 - 2022):
United States-$23.7M (-83.7%)
United Kingdom-$3.3M (-34.5%)
Egypt-$607k (-90.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Inorganic chemicals were:
China $33.7B
United States $17B
Germany $15.3B
In 2022, Portugal's main importing competitors in Inorganic chemicals were:
China $21.7B
United States $20B
South Korea $13B

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.71M
TOP IMPORT POTENTIALChina+ $16.3M

Inorganic chemicals’s highest export potential is United States. With an export gap of $3.71M.   Inorganic chemicals’s highest import potential is China with an import gap of $16.3M.

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