2023
Exports
$38MWorld Rnk 25 / 191
Flag Rnk 314 / 1213
2023
PRODUCT COMPLEXITY IN Knit Men's Undergarments
-1.47Rnk 942 / 1025
2023
Imports
$42.3MWorld Rnk 32 / 214
Flag Rnk 406 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $38M 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 314th most exported product in Portugal. The main destination of Knit Men's Undergarments exports from Portugal are: Spain ($7.15M), France ($6.47M), Switzerland ($6.35M), Germany ($4M), and Netherlands ($2.21M).

The fastest growing export markets for Knit Men's Undergarments of Portugal between 2022 and 2023 were Netherlands ($982k), Morocco ($572k), and Denmark ($384k).

Imports In 2023, Portugal imported $42.3M in Knit Men's Undergarments, becoming the 32nd largest importer of Knit Men's Undergarments in the world. At the same year, Knit Men's Undergarments was the 406th most imported product in Portugal. Portugal imports Knit Men's Undergarments primarily from: Spain ($18M), Italy ($5.44M), France ($4.18M), China ($3.06M), and Germany ($2.95M).

The fastest growing import markets in Knit Men's Undergarments for Portugal between 2022 and 2023 were Croatia ($721k), Cape Verde ($440k), and Morocco ($173k).

COMPANIES In 2024, leading companies such as Helly Hansen (1) were at the forefront of shipping Knit Men's Undergarments 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 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 (2023)$38M
IMPORTS (2023)$42.3M
NET TRADE (2023)-$4.22M

In 2023, Portugal exported $38M in Knit Men's Undergarments. The main destinations of Portugal exports on Knit Men's Undergarments were Spain ($7.15M), France ($6.47M), Switzerland ($6.35M), Germany ($4M), and Netherlands ($2.21M).

In 2023, Portugal imported $42.3M in Knit Men's Undergarments, mainly from Spain ($18M), Italy ($5.44M), France ($4.18M), China ($3.06M), and Germany ($2.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Undergarments EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Netherlands$982k (79.9%)
Morocco$572k (1.1k%)
Denmark$384k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Undergarments BY Portugal WERE (2022 - 2023):
United Kingdom-$1.34M (-47.6%)
Spain-$1.23M (-14.7%)
Sweden-$525k (-36.4%)

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 Undergarments were:
In 2023, 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
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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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