2023
Exports
$757MWorld Rnk 24 / 221
Flag Rnk 20 / 1213
2023
PRODUCT COMPLEXITY IN Other Furniture
0.25Rnk 478 / 1025
2023
Imports
$541MWorld Rnk 30 / 226
Flag Rnk 35 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $757M in Other Furniture, making it the 24th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 20th most exported product in Portugal. The main destination of Other Furniture exports from Portugal are: France ($156M), United States ($123M), Spain ($119M), Germany ($48.2M), and United Kingdom ($41.2M).

The fastest growing export markets for Other Furniture of Portugal between 2022 and 2023 were Vietnam ($17.3M), Germany ($7.32M), and Spain ($4.89M).

Imports In 2023, Portugal imported $541M in Other Furniture, becoming the 30th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 35th most imported product in Portugal. Portugal imports Other Furniture primarily from: Spain ($302M), Germany ($51.4M), Italy ($45.9M), France ($36.2M), and China ($29.5M).

The fastest growing import markets in Other Furniture for Portugal between 2022 and 2023 were France ($5.98M), Germany ($3.81M), and Poland ($2.74M).

COMPANIES In 2023, leading companies such as IKEA Group (742), Home Depot (176), and Ashley Furniture (80) were at the forefront of shipping Other Furniture from Portugal to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Other Furniture. 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)$757M
IMPORTS (2023)$541M
NET TRADE (2023)$216M

In 2023, Portugal exported $757M in Other Furniture. The main destinations of Portugal exports on Other Furniture were France ($156M), United States ($123M), Spain ($119M), Germany ($48.2M), and United Kingdom ($41.2M).

In 2023, Portugal imported $541M in Other Furniture, mainly from Spain ($302M), Germany ($51.4M), Italy ($45.9M), France ($36.2M), and China ($29.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Vietnam$17.3M (1.69k%)
Germany$7.32M (17.9%)
Spain$4.89M (4.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Portugal WERE (2022 - 2023):
United States-$23.1M (-15.8%)
Italy-$5.47M (-23.3%)
France-$4.95M (-3.08%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Other Furniture were:
China $27.1B
Vietnam $8.56B
Germany $7.79B
In 2023, Portugal's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $83.3M
TOP IMPORT POTENTIALChina+ $37.2M

Other Furniture’s highest export potential is United States. With an export gap of $83.3M.   Other Furniture’s highest import potential is China with an import gap of $37.2M.

See methodology.

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