2022
Exports
$1.52MWorld Rnk 36 / 120
Flag Rnk 858 / 1216
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$17.5MWorld Rnk 30 / 191
Flag Rnk 598 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.52M in Knitting Machines, making it the 36th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 858th most exported product in Portugal. The main destination of Knitting Machines exports from Portugal are: India ($468k), Spain ($249k), Pakistan ($190k), Turkey ($134k), and Angola ($128k).

The fastest growing export markets for Knitting Machines of Portugal between 2021 and 2022 were India ($290k), Spain ($124k), and Turkey ($87.5k).

Imports In 2022, Portugal imported $17.5M in Knitting Machines, becoming the 30th largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 598th most imported product in Portugal. Portugal imports Knitting Machines primarily from: Italy ($4.39M), Germany ($3.97M), Spain ($3M), China ($1.35M), and Japan ($862k).

The fastest growing import markets in Knitting Machines for Portugal between 2021 and 2022 were United States ($696k), Italy ($639k), and China ($627k).

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 Knitting Machines. 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)$1.52M
IMPORTS (2022)$17.5M
NET TRADE (2022)-$16M

In 2022, Portugal exported $1.52M in Knitting Machines. The main destinations of Portugal exports on Knitting Machines were India ($468k), Spain ($249k), Pakistan ($190k), Turkey ($134k), and Angola ($128k).

In 2022, Portugal imported $17.5M in Knitting Machines, mainly from Italy ($4.39M), Germany ($3.97M), Spain ($3M), China ($1.35M), and Japan ($862k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
India$290k (163%)
Spain$124k (99.9%)
Turkey$87.5k (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Portugal WERE (2021 - 2022):
United Arab Emirates-$428k (-99.9%)
Pakistan-$324k (-63%)
Argentina-$107k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Portugal's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $186k
TOP IMPORT POTENTIALChina+ $944k

Knitting Machines’s highest export potential is India. With an export gap of $186k.   Knitting Machines’s highest import potential is China with an import gap of $944k.

See methodology.

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