2023
Exports
$40.5MWorld Rnk 22 / 189
Flag Rnk 299 / 1213
2023
PRODUCT COMPLEXITY IN Iron Chains
1.48Rnk 48 / 1025
2023
Imports
$19.4MWorld Rnk 50 / 221
Flag Rnk 577 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $40.5M in Iron Chains, making it the 22nd largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 299th most exported product in Portugal. The main destination of Iron Chains exports from Portugal are: Germany ($9.53M), United States ($8.55M), Chinese Taipei ($4.21M), Spain ($3.86M), and France ($2.02M).

The fastest growing export markets for Iron Chains of Portugal between 2022 and 2023 were United Kingdom ($925k), Hungary ($139k), and Canada ($89.8k).

Imports In 2023, Portugal imported $19.4M in Iron Chains, becoming the 50th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 577th most imported product in Portugal. Portugal imports Iron Chains primarily from: Spain ($4.69M), China ($3.61M), Germany ($3.11M), Italy ($1.51M), and France ($1.35M).

The fastest growing import markets in Iron Chains for Portugal between 2022 and 2023 were Italy ($469k), France ($383k), and Denmark ($364k).

Latest Trends

Dec 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 Iron Chains. 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 (2023)$40.5M
IMPORTS (2023)$19.4M
NET TRADE (2023)$21.1M

In 2023, Portugal exported $40.5M in Iron Chains. The main destinations of Portugal exports on Iron Chains were Germany ($9.53M), United States ($8.55M), Chinese Taipei ($4.21M), Spain ($3.86M), and France ($2.02M).

In 2023, Portugal imported $19.4M in Iron Chains, mainly from Spain ($4.69M), China ($3.61M), Germany ($3.11M), Italy ($1.51M), and France ($1.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United Kingdom$925k (170%)
Hungary$139k (49.2%)
Canada$89.8k (5.88%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Portugal WERE (2022 - 2023):
United States-$6.02M (-41.3%)
Chinese Taipei-$5.36M (-56%)
Germany-$4.6M (-32.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Iron Chains were:
China $2.04B
Japan $495M
In 2023, Portugal's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.4M
TOP IMPORT POTENTIALChina+ $2.07M

Iron Chains’s highest export potential is United States. With an export gap of $2.4M.   Iron Chains’s highest import potential is China with an import gap of $2.07M.

See methodology.

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