2023
Exports
$1.35MWorld Rnk 40 / 86
Flag Rnk 881 / 1213
2023
PRODUCT COMPLEXITY IN Military Weapons
0.28Rnk 470 / 1025
2023
Imports
$139kWorld Rnk 92 / 142
Flag Rnk 1147 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $1.35M in Military Weapons, making it the 40th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 881st most exported product in Portugal. The main destination of Military Weapons exports from Portugal are: United States ($1.24M), Brazil ($102k), Mozambique ($1k), Netherlands ($708), and Spain ($207).

The fastest growing export markets for Military Weapons of Portugal between 2022 and 2023 were United States ($1.24M), Mozambique ($1k), and Netherlands ($708).

Imports In 2023, Portugal imported $139k in Military Weapons, becoming the 92nd largest importer of Military Weapons in the world. At the same year, Military Weapons was the 1147th most imported product in Portugal. Portugal imports Military Weapons primarily from: Luxembourg ($137k), Spain ($2.34k), and New Zealand ($444).

The fastest growing import markets in Military Weapons for Portugal between 2022 and 2023 were Spain ($2.21k) and New Zealand ($444).

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 Military Weapons. 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)$1.35M
IMPORTS (2023)$139k
NET TRADE (2023)$1.21M

In 2023, Portugal exported $1.35M in Military Weapons. The main destinations of Portugal exports on Military Weapons were United States ($1.24M), Brazil ($102k), Mozambique ($1k), Netherlands ($708), and Spain ($207).

In 2023, Portugal imported $139k in Military Weapons, mainly from Luxembourg ($137k), Spain ($2.34k), and New Zealand ($444).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United States$1.24M (1%)
Mozambique$1k (1%)
Netherlands$708 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Portugal WERE (2022 - 2023):
Angola-$20.2k (-100%)
Brazil-$17.5k (-14.7%)
Cape Verde-$7.68k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Military Weapons were:
In 2023, Portugal's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $1.02k
TOP IMPORT POTENTIALUnited Kingdom+ $34.3k

Military Weapons’s highest export potential is Poland. With an export gap of $1.02k.   Military Weapons’s highest import potential is United Kingdom with an import gap of $34.3k.

See methodology.

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