2022
Exports
$147kWorld Rnk 53 / 73
Flag Rnk 1084 / 1216
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$21.8MWorld Rnk 20 / 143
Flag Rnk 545 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $147k in Military Weapons, making it the 53rd largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 1084th most exported product in Portugal. The main destination of Military Weapons exports from Portugal are: Brazil ($119k), Angola ($20.2k), and Cape Verde ($7.68k).

The fastest growing export markets for Military Weapons of Portugal between 2021 and 2022 were Angola ($19.2k) and Cape Verde ($7.68k).

Imports In 2022, Portugal imported $21.8M in Military Weapons, becoming the 20th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 545th most imported product in Portugal. Portugal imports Military Weapons primarily from: Luxembourg ($19.7M), Belgium ($2.11M), United Kingdom ($21.1k), United States ($10.1k), and Switzerland ($5.58k).

The fastest growing import markets in Military Weapons for Portugal between 2021 and 2022 were Luxembourg ($19.7M), United Kingdom ($21.1k), and United States ($5.71k).

COMPANIES In 2023, leading companies such as IKEA Group (650) were at the forefront of shipping Military Weapons from Portugal to the United States.

Latest Trends

Jul 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 (2022)$147k
IMPORTS (2022)$21.8M
NET TRADE (2022)-$21.7M

In 2022, Portugal exported $147k in Military Weapons. The main destinations of Portugal exports on Military Weapons were Brazil ($119k), Angola ($20.2k), and Cape Verde ($7.68k).

In 2022, Portugal imported $21.8M in Military Weapons, mainly from Luxembourg ($19.7M), Belgium ($2.11M), United Kingdom ($21.1k), United States ($10.1k), and Switzerland ($5.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$19.2k (1.91k%)
Cape Verde$7.68k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Portugal WERE (2021 - 2022):
Mozambique-$1.48M (-100%)
Brazil-$183k (-60.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Military Weapons were:
In 2022, 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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