2022
Exports
$52.5MWorld Rnk 19 / 188
Flag Rnk 269 / 1216
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$25MWorld Rnk 48 / 222
Flag Rnk 516 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $52.5M in Iron Chains, making it the 19th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 269th most exported product in Portugal. The main destination of Iron Chains exports from Portugal are: Germany ($12.8M), United States ($9.28M), Chinese Taipei ($7.92M), Spain ($5.2M), and Canada ($2.42M).

The fastest growing export markets for Iron Chains of Portugal between 2021 and 2022 were Germany ($3.73M), United States ($2.01M), and Canada ($1.68M).

Imports In 2022, Portugal imported $25M in Iron Chains, becoming the 48th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 516th most imported product in Portugal. Portugal imports Iron Chains primarily from: China ($7.49M), Spain ($5.94M), Germany ($2.95M), Italy ($1.52M), and Chinese Taipei ($1.45M).

The fastest growing import markets in Iron Chains for Portugal between 2021 and 2022 were Spain ($1.04M), Netherlands ($510k), and Chinese Taipei ($481k).

Latest Trends

Sep 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 (2022)$52.5M
IMPORTS (2022)$25M
NET TRADE (2022)$27.5M

In 2022, Portugal exported $52.5M in Iron Chains. The main destinations of Portugal exports on Iron Chains were Germany ($12.8M), United States ($9.28M), Chinese Taipei ($7.92M), Spain ($5.2M), and Canada ($2.42M).

In 2022, Portugal imported $25M in Iron Chains, mainly from China ($7.49M), Spain ($5.94M), Germany ($2.95M), Italy ($1.52M), and Chinese Taipei ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$3.73M (40.9%)
United States$2.01M (27.7%)
Canada$1.68M (225%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Portugal WERE (2021 - 2022):
Denmark-$1.12M (-72.7%)
Italy-$910k (-71.5%)
Norway-$251k (-63.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, 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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