2023
Exports
$510MWorld Rnk 14 / 199
Flag Rnk 30 / 1213
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$91MWorld Rnk 39 / 223
Flag Rnk 259 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $510M in Navigation Equipment, making it the 14th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 30th most exported product in Portugal. The main destination of Navigation Equipment exports from Portugal are: China ($206M), Belgium ($89.2M), United Kingdom ($68.1M), Germany ($59.9M), and France ($32.5M).

The fastest growing export markets for Navigation Equipment of Portugal between 2022 and 2023 were China ($187M), Belgium ($35.9M), and Germany ($32M).

Imports In 2023, Portugal imported $91M in Navigation Equipment, becoming the 39th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 259th most imported product in Portugal. Portugal imports Navigation Equipment primarily from: Poland ($42.3M), Germany ($11.2M), Spain ($9.52M), Lithuania ($6.62M), and China ($5.4M).

The fastest growing import markets in Navigation Equipment for Portugal between 2022 and 2023 were Lithuania ($2.59M), Poland ($1.86M), and Czechia ($877k).

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 Navigation Equipment. 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)$510M
IMPORTS (2023)$91M
NET TRADE (2023)$419M

In 2023, Portugal exported $510M in Navigation Equipment. The main destinations of Portugal exports on Navigation Equipment were China ($206M), Belgium ($89.2M), United Kingdom ($68.1M), Germany ($59.9M), and France ($32.5M).

In 2023, Portugal imported $91M in Navigation Equipment, mainly from Poland ($42.3M), Germany ($11.2M), Spain ($9.52M), Lithuania ($6.62M), and China ($5.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
China$187M (988%)
Belgium$35.9M (67.2%)
Germany$32M (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Portugal WERE (2022 - 2023):
United States-$8.22M (-58.1%)
Canada-$3.28M (-67.7%)
Japan-$616k (-14.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Navigation Equipment were:
In 2023, Portugal's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13M
TOP IMPORT POTENTIALChina+ $3.73M

Navigation Equipment’s highest export potential is United States. With an export gap of $13M.   Navigation Equipment’s highest import potential is China with an import gap of $3.73M.

See methodology.

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