2023
Exports
$108MWorld Rnk 13 / 177
Flag Rnk 160 / 1213
2023
PRODUCT COMPLEXITY IN Iron Cloth
0.0073Rnk 555 / 1025
2023
Imports
$54.3MWorld Rnk 30 / 224
Flag Rnk 364 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $108M in Iron Cloth, making it the 13th largest exporter of Iron Cloth in the world. At the same year, Iron Cloth was the 160th most exported product in Portugal. The main destination of Iron Cloth exports from Portugal are: Spain ($29.6M), France ($28.7M), United Kingdom ($19.5M), Ireland ($7.96M), and Netherlands ($4.32M).

The fastest growing export markets for Iron Cloth of Portugal between 2022 and 2023 were United States ($1.26M), Angola ($857k), and Belgium ($580k).

Imports In 2023, Portugal imported $54.3M in Iron Cloth, becoming the 30th largest importer of Iron Cloth in the world. At the same year, Iron Cloth was the 364th most imported product in Portugal. Portugal imports Iron Cloth primarily from: Spain ($38.3M), Italy ($4.36M), China ($3.48M), Belgium ($2.2M), and Netherlands ($1.75M).

The fastest growing import markets in Iron Cloth for Portugal between 2022 and 2023 were Italy ($277k), Algeria ($234k), and Turkey ($162k).

Latest Trends

Jan 2025

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 Cloth. 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)$108M
IMPORTS (2023)$54.3M
NET TRADE (2023)$53.6M

In 2023, Portugal exported $108M in Iron Cloth. The main destinations of Portugal exports on Iron Cloth were Spain ($29.6M), France ($28.7M), United Kingdom ($19.5M), Ireland ($7.96M), and Netherlands ($4.32M).

In 2023, Portugal imported $54.3M in Iron Cloth, mainly from Spain ($38.3M), Italy ($4.36M), China ($3.48M), Belgium ($2.2M), and Netherlands ($1.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Cloth EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United States$1.26M (232%)
Angola$857k (59.1%)
Belgium$580k (78.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Cloth BY Portugal WERE (2022 - 2023):
United Kingdom-$32.3M (-62.3%)
Netherlands-$22.1M (-83.6%)
France-$6.82M (-19.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Iron Cloth were:
China $1.49B
Italy $505M
In 2023, Portugal's main importing competitors in Iron Cloth were:

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Trade Value of Iron Cloth by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.93M
TOP IMPORT POTENTIALChina+ $2.91M

Iron Cloth’s highest export potential is Germany. With an export gap of $3.93M.   Iron Cloth’s highest import potential is China with an import gap of $2.91M.

See methodology.

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