2022
Exports
$238MWorld Rnk 68 / 210
Flag Rnk 54 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$935MWorld Rnk 42 / 225
Flag Rnk 24 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€5.87M(66%)
IMPORT GROWTH (August 2023 - August 2024)€-2.29M(-4.47%)
MAIN DESTINATION (August 2024)Spain€5.63M

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%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Inorganic chemicals were:
In 2022, Portugal's main importing competitors in Inorganic chemicals were:

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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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