2023
Exports
$1.19BWorld Rnk 30 / 223
Flag Rnk 11 / 1213
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$679MWorld Rnk 40 / 225
Flag Rnk 23 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $1.19B in Insulated Wire, making it the 30th 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 ($182M), Morocco ($167M), United Kingdom ($121M), Spain ($93.4M), and Germany ($90.2M).

The fastest growing export markets for Insulated Wire of Portugal between 2022 and 2023 were Morocco ($54.2M), France ($36.3M), and United Kingdom ($23M).

Imports In 2023, Portugal imported $679M in Insulated Wire, becoming the 40th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 23rd most imported product in Portugal. Portugal imports Insulated Wire primarily from: Spain ($368M), Germany ($68.8M), China ($34.1M), Italy ($32.5M), and Morocco ($23.4M).

The fastest growing import markets in Insulated Wire for Portugal between 2022 and 2023 were Spain ($51.4M), Germany ($5.58M), and Turkey ($4.45M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.19B
IMPORTS (2023)$679M
NET TRADE (2023)$511M

In 2023, Portugal exported $1.19B in Insulated Wire. The main destinations of Portugal exports on Insulated Wire were France ($182M), Morocco ($167M), United Kingdom ($121M), Spain ($93.4M), and Germany ($90.2M).

In 2023, Portugal imported $679M in Insulated Wire, mainly from Spain ($368M), Germany ($68.8M), China ($34.1M), Italy ($32.5M), and Morocco ($23.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Morocco$54.2M (48.2%)
France$36.3M (24.8%)
United Kingdom$23M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Portugal WERE (2022 - 2023):
Poland-$6.33M (-15.6%)
Peru-$5.38M (-98.2%)
Sweden-$3.84M (-30.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Insulated Wire were:
In 2023, Portugal's main importing competitors in Insulated Wire were:

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with