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2022
Exports $298MWorld Rnk 49 / 226
Flag Rnk 49 / 96
2022
Destination $19.8M Spain
2021 - 2022
FASTEST GROWING MARKET $19.8MUnited States
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics0.49Rnk 370 / 1025
2022
Imports $914MWorld Rnk 40 / 225
Flag Rnk 28 / 96
2022
Origin $55.4M Spain
2021 - 2022
FASTEST GROWING ORIGIN $55.4MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $298M in Perfumery & cosmetics, making it the 49th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 49th most exported product in Portugal. The main destination of Perfumery & cosmetics exports from Portugal are: Spain ($79.6M), Netherlands ($52.8M), United States ($22.7M), Angola ($18.5M), and France ($15.9M).

The fastest growing export markets for Perfumery & cosmetics of Portugal between 2021 and 2022 were United States ($19.8M), Netherlands ($16.7M), and Spain ($11.2M).

Imports In 2022, Portugal imported $914M in Perfumery & cosmetics, becoming the 40th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 28th most imported product in Portugal. Portugal imports Perfumery & cosmetics primarily from: Spain ($442M), France ($164M), Netherlands ($56.4M), Italy ($54.1M), and Germany ($48.1M).

The fastest growing import markets in Perfumery & cosmetics for Portugal between 2021 and 2022 were Spain ($55.4M), France ($25.3M), and Italy ($13.3M).

COMPANIES In 2023, leading companies such as Home Depot (3) were at the forefront of shipping Perfumery & cosmetics from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Perfumery & cosmetics exports accounted up to €26.9M and imports accounted up to €88.8M, resulting in a negative trade balance of €61.9M. Between August 2023 and August 2024 the exports of Portugal's   Perfumery & cosmetics have increased by €3.75M (16.2%) from €23.2M to €26.9M, while imports increased by €6.45M (7.83%) from €82.4M to €88.8M.

Destinations In August 2024, Perfumery & cosmetics were exported mostly to Spain (€7.55M), Germany (€2.75M), France (€1.74M), United States (€1.47M), and Italy (€1.23M), and were imported mostly from Spain (€52.7M), France (€12.1M), Italy (€4.75M), Ireland (€4.37M), and Germany (€4.03M).

Growth In August 2024, the increase in Perfumery & cosmetics's year-by-year exports was explained primarily by an increase in exports to Netherlands (€2.67M or 107%), Spain (€2.25M or 56.5%), and Angola (€660k or 75.9%). In August 2024, the increase in Perfumery & cosmetics's year-by-year imports was explained primarily by an increase in imports from Spain (€11.3M or 39.2%), France (€3.4M or 35.3%), and Germany (€1.21M or 36.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€3.75M(16.2%)
IMPORT GROWTH (August 2023 - August 2024)€6.45M(7.83%)
MAIN DESTINATION (August 2024)Spain€7.55M

This section shows Perfumery & cosmetics'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 Perfumery & cosmetics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$298M
IMPORTS (2022)$914M
NET TRADE (2022)-$616M

In 2022, Portugal exported $298M in Perfumery & cosmetics. The main destinations of Portugal exports on Perfumery & cosmetics were Spain ($79.6M), Netherlands ($52.8M), United States ($22.7M), Angola ($18.5M), and France ($15.9M).

In 2022, Portugal imported $914M in Perfumery & cosmetics, mainly from Spain ($442M), France ($164M), Netherlands ($56.4M), Italy ($54.1M), and Germany ($48.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$19.8M (674%)
Netherlands$16.7M (46.3%)
Spain$11.2M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Portugal WERE (2021 - 2022):
Sweden-$1.81M (-71.8%)
France-$1.53M (-8.77%)
Hong Kong-$879k (-10.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Perfumery & cosmetics were:
France $23.4B
United States $14B
Germany $11.5B
In 2022, Portugal's main importing competitors in Perfumery & cosmetics were:
United States $17.8B
China $14B
Germany $8.42B

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $21.7M
TOP IMPORT POTENTIALFrance+ $27.1M

Perfumery & cosmetics’s highest export potential is Spain. With an export gap of $21.7M.   Perfumery & cosmetics’s highest import potential is France with an import gap of $27.1M.

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