2023
Exports
$132MWorld Rnk 17 / 207
Flag Rnk 124 / 1213
2023
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.34Rnk 912 / 1025
2023
Imports
$53.9MWorld Rnk 47 / 221
Flag Rnk 366 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $132M in Knit Men's Suits, making it the 17th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 124th most exported product in Portugal. The main destination of Knit Men's Suits exports from Portugal are: France ($26.1M), Spain ($16M), Italy ($13.2M), United Kingdom ($12.6M), and Germany ($8.71M).

The fastest growing export markets for Knit Men's Suits of Portugal between 2022 and 2023 were France ($2.89M), Canada ($304k), and Israel ($279k).

Imports In 2023, Portugal imported $53.9M in Knit Men's Suits, becoming the 47th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 366th most imported product in Portugal. Portugal imports Knit Men's Suits primarily from: Spain ($25.3M), Belgium ($7.38M), Italy ($5.54M), Netherlands ($2.49M), and Germany ($2.32M).

The fastest growing import markets in Knit Men's Suits for Portugal between 2022 and 2023 were Belgium ($1.72M), Spain ($913k), and Netherlands ($354k).

COMPANIES In 2024, leading companies such as Baxter Healthcare (1) were at the forefront of shipping Knit Men's Suits from Portugal to the United States.

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 Knit Men's Suits. 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)$132M
IMPORTS (2023)$53.9M
NET TRADE (2023)$78.2M

In 2023, Portugal exported $132M in Knit Men's Suits. The main destinations of Portugal exports on Knit Men's Suits were France ($26.1M), Spain ($16M), Italy ($13.2M), United Kingdom ($12.6M), and Germany ($8.71M).

In 2023, Portugal imported $53.9M in Knit Men's Suits, mainly from Spain ($25.3M), Belgium ($7.38M), Italy ($5.54M), Netherlands ($2.49M), and Germany ($2.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
France$2.89M (12.5%)
Canada$304k (8.14%)
Israel$279k (325%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Portugal WERE (2022 - 2023):
United Kingdom-$9.18M (-42.1%)
United States-$4.33M (-33.7%)
Italy-$3.92M (-22.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Knit Men's Suits were:
In 2023, Portugal's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.19M
TOP IMPORT POTENTIALChina+ $2.85M

Knit Men's Suits’s highest export potential is United States. With an export gap of $7.19M.   Knit Men's Suits’s highest import potential is China with an import gap of $2.85M.

See methodology.

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