Man-made staple fibres in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $371M in Man-made staple fibres, making it the 19th largest exporter of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 42nd most exported product in Portugal. The main destination of Man-made staple fibres exports from Portugal are: Spain ($68.8M), Italy ($35.5M), Germany ($34.2M), France ($32.4M), and United States ($26M).

The fastest growing export markets for Man-made staple fibres of Portugal between 2021 and 2022 were Italy ($7.54M), Hong Kong ($5.36M), and Germany ($4.42M).

Imports In 2022, Portugal imported $332M in Man-made staple fibres, becoming the 37th largest importer of Man-made staple fibres in the world. At the same year, Man-made staple fibres was the 54th most imported product in Portugal. Portugal imports Man-made staple fibres primarily from: Pakistan ($47.2M), Italy ($35.5M), India ($35.3M), Spain ($33.9M), and China ($33.2M).

The fastest growing import markets in Man-made staple fibres for Portugal between 2021 and 2022 were Pakistan ($13.6M), China ($6.79M), and Netherlands ($5.82M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (5) and WISMETTAC ASIAN FOODS,INC. (2) were at the forefront of shipping Man-made staple fibres from Portugal to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Portugal's Man-made staple fibres exports accounted up to €17M and imports accounted up to €14.3M, resulting in a positive trade balance of €2.72M. Between February 2023 and February 2024 the exports of Portugal's Man-made staple fibres have decreased by €-5.39M (-24%) from €22.4M to €17M, while imports decreased by €-4.23M (-22.8%) from €18.6M to €14.3M.

Destinations In February 2024, Man-made staple fibres were exported mostly to Spain (€2.87M), Germany (€2.45M), Italy (€2M), France (€1.4M), and Turkey (€965k), and were imported mostly from Italy (€2.45M), Spain (€2.02M), Germany (€1.47M), Turkey (€1.45M), and China (€957k).

Growth In February 2024, the decrease in Man-made staple fibres's year-by-year exports was explained primarily by a decrease in exports to Argentina (€-407k or -100%), France (€-328k or -20.1%), and United States (€-309k or -15.1%). In February 2024, the decrease in Man-made staple fibres's year-by-year imports was explained primarily by a decrease in imports from India (€-2.95M or -58.3%), Germany (€-1.34M or -50%), and Spain (€-784k or -25.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-5.39M(-24%)

IMPORT GROWTH (February 2023 - February 2024)€-4.23M(-22.8%)

MAIN DESTINATION (February 2024)Spain€2.87M

This section shows Man-made staple fibres's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Man-made staple fibres over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$371M

IMPORTS (2022)$332M

NET TRADE (2022)$39M

In 2022, Portugal exported $371M in Man-made staple fibres. The main destinations of Portugal exports on Man-made staple fibres were Spain ($68.8M), Italy ($35.5M), Germany ($34.2M), France ($32.4M), and United States ($26M).

In 2022, Portugal imported $332M in Man-made staple fibres, mainly from Pakistan ($47.2M), Italy ($35.5M), India ($35.3M), Spain ($33.9M), and China ($33.2M).

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