2022
Exports
$42.1MWorld Rnk 25 / 190
Flag Rnk 298 / 1216
2022
PRODUCT COMPLEXITY IN Knit Men's Undergarments
-1.37Rnk 926 / 1025
2022
Imports
$44.7MWorld Rnk 40 / 217
Flag Rnk 392 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $42.1M in Knit Men's Undergarments, making it the 25th largest exporter of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 298th most exported product in Portugal. The main destination of Knit Men's Undergarments exports from Portugal are: Spain ($11.7M), Switzerland ($6.03M), France ($5.72M), Germany ($4.3M), and Netherlands ($2.62M).

The fastest growing export markets for Knit Men's Undergarments of Portugal between 2021 and 2022 were Switzerland ($388k), Australia ($138k), and Finland ($102k).

Imports In 2022, Portugal imported $44.7M in Knit Men's Undergarments, becoming the 40th largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 392nd most imported product in Portugal. Portugal imports Knit Men's Undergarments primarily from: Spain ($18.3M), Italy ($5.81M), France ($4.68M), China ($4.43M), and Germany ($3.28M).

The fastest growing import markets in Knit Men's Undergarments for Portugal between 2021 and 2022 were Spain ($4.8M), China ($1.23M), and France ($612k).

COMPANIES In 2023, leading companies such as JP Boden Services (4), Gildan Activewear (1), and Helly Hansen (1) were at the forefront of shipping Knit Men's Undergarments from Portugal to the United States.

Latest Trends

Jul 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 Knit Men's Undergarments. 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)$42.1M
IMPORTS (2022)$44.7M
NET TRADE (2022)-$2.6M

In 2022, Portugal exported $42.1M in Knit Men's Undergarments. The main destinations of Portugal exports on Knit Men's Undergarments were Spain ($11.7M), Switzerland ($6.03M), France ($5.72M), Germany ($4.3M), and Netherlands ($2.62M).

In 2022, Portugal imported $44.7M in Knit Men's Undergarments, mainly from Spain ($18.3M), Italy ($5.81M), France ($4.68M), China ($4.43M), and Germany ($3.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Switzerland$388k (6.88%)
Australia$138k (285%)
Finland$102k (15.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Portugal WERE (2021 - 2022):
Spain-$3.03M (-20.6%)
Netherlands-$2.44M (-48.2%)
France-$2.43M (-29.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Knit Men's Undergarments were:
In 2022, Portugal's main importing competitors in Knit Men's Undergarments were:

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Trade Value of Knit Men's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.38M
TOP IMPORT POTENTIALChina+ $2.9M

Knit Men's Undergarments’s highest export potential is United States. With an export gap of $2.38M.   Knit Men's Undergarments’s highest import potential is China with an import gap of $2.9M.

See methodology.

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