2023
Exports
$1.82MWorld Rnk 27 / 128
Flag Rnk 841 / 1213
2023
PRODUCT COMPLEXITY IN Leather Machinery
0.14Rnk 510 / 1025
2023
Imports
$26.1MWorld Rnk 10 / 190
Flag Rnk 503 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $1.82M in Leather Machinery, making it the 27th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 841st most exported product in Portugal. The main destination of Leather Machinery exports from Portugal are: Spain ($647k), Switzerland ($238k), Thailand ($199k), Germany ($134k), and Italy ($91.1k).

The fastest growing export markets for Leather Machinery of Portugal between 2022 and 2023 were Spain ($442k), Thailand ($143k), and Switzerland ($124k).

Imports In 2023, Portugal imported $26.1M in Leather Machinery, becoming the 10th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 503rd most imported product in Portugal. Portugal imports Leather Machinery primarily from: Italy ($19M), Germany ($2.24M), Spain ($1.16M), Austria ($1.03M), and France ($543k).

The fastest growing import markets in Leather Machinery for Portugal between 2022 and 2023 were Poland ($437k), Germany ($403k), and Mexico ($292k).

COMPANIES In 2024, leading companies such as Steve Madden (1) were at the forefront of shipping Leather Machinery 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 Leather Machinery. 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)$1.82M
IMPORTS (2023)$26.1M
NET TRADE (2023)-$24.3M

In 2023, Portugal exported $1.82M in Leather Machinery. The main destinations of Portugal exports on Leather Machinery were Spain ($647k), Switzerland ($238k), Thailand ($199k), Germany ($134k), and Italy ($91.1k).

In 2023, Portugal imported $26.1M in Leather Machinery, mainly from Italy ($19M), Germany ($2.24M), Spain ($1.16M), Austria ($1.03M), and France ($543k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$442k (215%)
Thailand$143k (256%)
Switzerland$124k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Portugal WERE (2022 - 2023):
Indonesia-$49.3k (-83.2%)
France-$46.4k (-64.6%)
Morocco-$44.9k (-46.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Leather Machinery were:
China $289M
Italy $285M
Germany $72.9M
In 2023, Portugal's main importing competitors in Leather Machinery were:

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $83k
TOP IMPORT POTENTIALChina+ $430k

Leather Machinery’s highest export potential is India. With an export gap of $83k.   Leather Machinery’s highest import potential is China with an import gap of $430k.

See methodology.

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