2023
Exports
$31.7MWorld Rnk 44 / 188
Flag Rnk 340 / 1213
2023
PRODUCT COMPLEXITY IN Large Construction Vehicles
1.08Rnk 152 / 1025
2023
Imports
$261MWorld Rnk 45 / 223
Flag Rnk 96 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $31.7M in Large Construction Vehicles, making it the 44th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 340th most exported product in Portugal. The main destination of Large Construction Vehicles exports from Portugal are: Angola ($15.6M), Spain ($5.2M), France ($1.94M), Mozambique ($1.6M), and Netherlands ($1.55M).

The fastest growing export markets for Large Construction Vehicles of Portugal between 2022 and 2023 were Angola ($6.4M), Spain ($765k), and Morocco ($352k).

Imports In 2023, Portugal imported $261M in Large Construction Vehicles, becoming the 45th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 96th most imported product in Portugal. Portugal imports Large Construction Vehicles primarily from: Belgium ($47.5M), Spain ($42.6M), Netherlands ($28.1M), United Kingdom ($27.8M), and France ($26.6M).

The fastest growing import markets in Large Construction Vehicles for Portugal between 2022 and 2023 were Belgium ($14.7M), United Kingdom ($9.09M), and Italy ($8.52M).

COMPANIES In 2023, leading companies such as John Deere (44), CNH Industrial (17), and Home Depot (9) were at the forefront of shipping Large Construction Vehicles from Portugal to the United States.

Latest Trends

Dec 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 Large Construction Vehicles. 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)$31.7M
IMPORTS (2023)$261M
NET TRADE (2023)-$229M

In 2023, Portugal exported $31.7M in Large Construction Vehicles. The main destinations of Portugal exports on Large Construction Vehicles were Angola ($15.6M), Spain ($5.2M), France ($1.94M), Mozambique ($1.6M), and Netherlands ($1.55M).

In 2023, Portugal imported $261M in Large Construction Vehicles, mainly from Belgium ($47.5M), Spain ($42.6M), Netherlands ($28.1M), United Kingdom ($27.8M), and France ($26.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Angola$6.4M (69.4%)
Spain$765k (17.2%)
Morocco$352k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Portugal WERE (2022 - 2023):
Cape Verde-$1.09M (-75.9%)
Belgium-$1.06M (-98.2%)
Egypt-$745k (-68.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Large Construction Vehicles were:
In 2023, Portugal's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.23M
TOP IMPORT POTENTIALChina+ $7.49M

Large Construction Vehicles’s highest export potential is Spain. With an export gap of $2.23M.   Large Construction Vehicles’s highest import potential is China with an import gap of $7.49M.

See methodology.

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