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2023
Exports $205MWorld Rnk 65 / 207
Flag Rnk 57 / 96
2023
Destination $34.2M Spain
2022 - 2023
FASTEST GROWING MARKET $34.2MIreland
2023
PRODUCT COMPLEXITY IN Inorganic chemicals1.54Rnk 38 / 1025
2023
Imports $707MWorld Rnk 44 / 226
Flag Rnk 37 / 96
2023
Origin $6.5M Spain
2022 - 2023
FASTEST GROWING ORIGIN $6.5MFrance
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $205M in Inorganic chemicals, making it the 65th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 57th most exported product in Portugal. The main destination of Inorganic chemicals exports from Portugal are: Spain ($82.6M), Ireland ($39.7M), Belgium ($23.8M), Angola ($15.9M), and United Kingdom ($6.85M).

The fastest growing export markets for Inorganic chemicals of Portugal between 2022 and 2023 were Ireland ($34.2M), Belgium ($22.3M), and India ($907k).

Imports In 2023, Portugal imported $707M in Inorganic chemicals, becoming the 44th largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 37th most imported product in Portugal. Portugal imports Inorganic chemicals primarily from: Spain ($260M), Turkey ($80.1M), France ($53.1M), Algeria ($46.1M), and Germany ($45.2M).

The fastest growing import markets in Inorganic chemicals for Portugal between 2022 and 2023 were France ($6.5M), Oman ($6.43M), and Saudi Arabia ($3.74M).

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

November 2024

About

Overview In November 2024 Portugal's Inorganic chemicals exports accounted up to €11.6M and imports accounted up to €67.7M, resulting in a negative trade balance of €56.1M. Between November 2023 and November 2024 the exports of Portugal's   Inorganic chemicals have decreased by €-992k (-7.86%) from €12.6M to €11.6M, while imports increased by €17.3M (34.3%) from €50.4M to €67.7M.

Destinations In November 2024, Inorganic chemicals were exported mostly to Spain (€7.06M), Angola (€868k), United Kingdom (€797k), France (€747k), and Morocco (€508k), and were imported mostly from Spain (€26.1M), Turkey (€9.71M), Ireland (€8.12M), France (€4.31M), and Israel (€2.33M).

Growth In November 2024, the decrease in Inorganic chemicals's year-by-year exports was explained primarily by a decrease in exports to United States (€-580k or -87.8%), United Kingdom (€-377k or -62.4%), and Australia (€-258k or -84.9%). In November 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 (November 2023 - November 2024)€-992k(-7.86%)
IMPORT GROWTH (November 2023 - November 2024)€17.3M(34.3%)
MAIN DESTINATION (November 2024)Spain€7.06M

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 (2023)$205M
IMPORTS (2023)$707M
NET TRADE (2023)-$502M

In 2023, Portugal exported $205M in Inorganic chemicals. The main destinations of Portugal exports on Inorganic chemicals were Spain ($82.6M), Ireland ($39.7M), Belgium ($23.8M), Angola ($15.9M), and United Kingdom ($6.85M).

In 2023, Portugal imported $707M in Inorganic chemicals, mainly from Spain ($260M), Turkey ($80.1M), France ($53.1M), Algeria ($46.1M), and Germany ($45.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Ireland$34.2M (623%)
Belgium$22.3M (1.52k%)
India$907k (576%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Portugal WERE (2022 - 2023):
Spain-$40.3M (-32.8%)
Canada-$15.1M (-98.8%)
Finland-$5.9M (-77.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Inorganic chemicals were:
China $35.7B
United States $15.5B
Germany $13B
In 2023, Portugal's main importing competitors in Inorganic chemicals were:
China $24.1B
South Korea $18.7B
United States $17.3B

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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.

See methodology.

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