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2022
Exports $301MWorld Rnk 37 / 217
Flag Rnk 48 / 96
2022
Destination $23.4M Spain
2021 - 2022
FASTEST GROWING MARKET $23.4MAlgeria
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes1.08Rnk 144 / 1025
2022
Imports $758MWorld Rnk 33 / 225
Flag Rnk 33 / 96
2022
Origin $28.3M Spain
2021 - 2022
FASTEST GROWING ORIGIN $28.3MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $301M in Paints, dyes, & varnishes, making it the 37th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 48th most exported product in Portugal. The main destination of Paints, dyes, & varnishes exports from Portugal are: Spain ($94.6M), Algeria ($25.6M), France ($20.6M), Germany ($18M), and Angola ($17.1M).

The fastest growing export markets for Paints, dyes, & varnishes of Portugal between 2021 and 2022 were Algeria ($23.4M), Netherlands ($4.99M), and Angola ($3.19M).

Imports In 2022, Portugal imported $758M in Paints, dyes, & varnishes, becoming the 33rd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 33rd most imported product in Portugal. Portugal imports Paints, dyes, & varnishes primarily from: Spain ($323M), Germany ($123M), Italy ($64M), Belgium ($45.5M), and Netherlands ($39.4M).

The fastest growing import markets in Paints, dyes, & varnishes for Portugal between 2021 and 2022 were Spain ($28.3M), India ($3.91M), and Luxembourg ($2.95M).

COMPANIES In 2023, leading companies such as Porsche (30), IKEA Group (2), and Home Depot (2) were at the forefront of shipping Paints, dyes, & varnishes from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Paints, dyes, & varnishes exports accounted up to €22.1M and imports accounted up to €50.6M, resulting in a negative trade balance of €28.6M. Between August 2023 and August 2024 the exports of Portugal's   Paints, dyes, & varnishes have increased by €1.44M (7%) from €20.6M to €22.1M, while imports decreased by €-822k (-1.6%) from €51.4M to €50.6M.

Destinations In August 2024, Paints, dyes, & varnishes were exported mostly to Spain (€8.03M), Algeria (€3.25M), Angola (€1.3M), Germany (€975k), and Poland (€965k), and were imported mostly from Spain (€25M), Germany (€6.74M), Belgium (€4.34M), Italy (€2.8M), and France (€1.51M).

Growth In August 2024, the increase in Paints, dyes, & varnishes's year-by-year exports was explained primarily by an increase in exports to Algeria (€8.37M or 5.04k%), Spain (€1.23M or 17.8%), and Poland (€1.03M or 150%). In August 2024, the decrease in Paints, dyes, & varnishes's year-by-year imports was explained primarily by a decrease in imports from China (€-1.18M or -54.1%), Belgium (€-1.03M or -20.4%), and Sweden (€-693k or -45.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.44M(7%)
IMPORT GROWTH (August 2023 - August 2024)€-822k(-1.6%)
MAIN DESTINATION (August 2024)Spain€8.03M

This section shows Paints, dyes, & varnishes'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 Paints, dyes, & varnishes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$301M
IMPORTS (2022)$758M
NET TRADE (2022)-$457M

In 2022, Portugal exported $301M in Paints, dyes, & varnishes. The main destinations of Portugal exports on Paints, dyes, & varnishes were Spain ($94.6M), Algeria ($25.6M), France ($20.6M), Germany ($18M), and Angola ($17.1M).

In 2022, Portugal imported $758M in Paints, dyes, & varnishes, mainly from Spain ($323M), Germany ($123M), Italy ($64M), Belgium ($45.5M), and Netherlands ($39.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Algeria$23.4M (1.04k%)
Netherlands$4.99M (71.7%)
Angola$3.19M (23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Portugal WERE (2021 - 2022):
Hungary-$5.01M (-88.6%)
France-$1.63M (-7.3%)
Germany-$1.58M (-8.07%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Paints, dyes, & varnishes were:
Germany $13B
China $11.5B
United States $8.63B
In 2022, Portugal's main importing competitors in Paints, dyes, & varnishes were:
United States $5.95B
Germany $5.41B
China $4.84B

Explore Visualizations

Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $12.4M
TOP IMPORT POTENTIALChina+ $12.5M

Paints, dyes, & varnishes’s highest export potential is Spain. With an export gap of $12.4M.   Paints, dyes, & varnishes’s highest import potential is China with an import gap of $12.5M.

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