2022
Exports
$1.02BWorld Rnk 34 / 222
Flag Rnk 11 / 1216
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$573MWorld Rnk 48 / 225
Flag Rnk 25 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.02B in Insulated Wire, making it the 34th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 11th most exported product in Portugal. The main destination of Insulated Wire exports from Portugal are: France ($157M), Spain ($132M), Germany ($111M), United Kingdom ($95.3M), and Italy ($58.7M).

The fastest growing export markets for Insulated Wire of Portugal between 2021 and 2022 were Spain ($45.6M), Belgium ($16.2M), and United Kingdom ($16.1M).

Imports In 2022, Portugal imported $573M in Insulated Wire, becoming the 48th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 25th most imported product in Portugal. Portugal imports Insulated Wire primarily from: Spain ($235M), Germany ($63.1M), Italy ($39M), Morocco ($34.5M), and China ($32.2M).

The fastest growing import markets in Insulated Wire for Portugal between 2021 and 2022 were Tunisia ($9.52M), Germany ($4.18M), and France ($4.1M).

Latest Trends

Oct 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 Insulated Wire. 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)$1.02B
IMPORTS (2022)$573M
NET TRADE (2022)$447M

In 2022, Portugal exported $1.02B in Insulated Wire. The main destinations of Portugal exports on Insulated Wire were France ($157M), Spain ($132M), Germany ($111M), United Kingdom ($95.3M), and Italy ($58.7M).

In 2022, Portugal imported $573M in Insulated Wire, mainly from Spain ($235M), Germany ($63.1M), Italy ($39M), Morocco ($34.5M), and China ($32.2M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$45.6M (52.7%)
Belgium$16.2M (42.4%)
United Kingdom$16.1M (20.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Portugal WERE (2021 - 2022):
Germany-$18.3M (-14.1%)
Honduras-$3.62M (-100%)
Paraguay-$2.97M (-98.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Insulated Wire were:
In 2022, Portugal's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $57.4M
TOP IMPORT POTENTIALChina+ $32.9M

Insulated Wire’s highest export potential is Spain. With an export gap of $57.4M.   Insulated Wire’s highest import potential is China with an import gap of $32.9M.

See methodology.

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