2022
Exports
$5.52MWorld Rnk 47 / 171
Flag Rnk 668 / 1216
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$12.9MWorld Rnk 59 / 220
Flag Rnk 676 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $5.52M in Iron Nails, making it the 47th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 668th most exported product in Portugal. The main destination of Iron Nails exports from Portugal are: Spain ($1.28M), Guinea-Bissau ($870k), Germany ($573k), France ($474k), and Israel ($342k).

The fastest growing export markets for Iron Nails of Portugal between 2021 and 2022 were Germany ($361k), Israel ($329k), and Guinea-Bissau ($291k).

Imports In 2022, Portugal imported $12.9M in Iron Nails, becoming the 59th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 676th most imported product in Portugal. Portugal imports Iron Nails primarily from: Spain ($6.08M), China ($1.62M), Turkey ($1.11M), France ($772k), and Chinese Taipei ($572k).

The fastest growing import markets in Iron Nails for Portugal between 2021 and 2022 were Spain ($1.01M), China ($870k), and Chinese Taipei ($264k).

COMPANIES In 2023, leading companies such as Continental Materials (4) were at the forefront of shipping Iron Nails from Portugal to the United States.

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 Iron Nails. 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)$5.52M
IMPORTS (2022)$12.9M
NET TRADE (2022)-$7.39M

In 2022, Portugal exported $5.52M in Iron Nails. The main destinations of Portugal exports on Iron Nails were Spain ($1.28M), Guinea-Bissau ($870k), Germany ($573k), France ($474k), and Israel ($342k).

In 2022, Portugal imported $12.9M in Iron Nails, mainly from Spain ($6.08M), China ($1.62M), Turkey ($1.11M), France ($772k), and Chinese Taipei ($572k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$361k (170%)
Israel$329k (2.63k%)
Guinea-Bissau$291k (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Portugal WERE (2021 - 2022):
Sao Tome and Principe-$61.8k (-38.8%)
Switzerland-$43.9k (-45.8%)
Romania-$29.8k (-28.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Iron Nails were:
In 2022, Portugal's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $295k
TOP IMPORT POTENTIALChina+ $1.35M

Iron Nails’s highest export potential is Spain. With an export gap of $295k.   Iron Nails’s highest import potential is China with an import gap of $1.35M.

See methodology.

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