Perfumery & cosmetics in Portugal | The Observatory of Economic Complexity

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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, U. S. A., INC. (3) were at the forefront of shipping Perfumery & cosmetics from Portugal to the United States.

Latest Trends

February 2024

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Overview In February 2024 Portugal's Perfumery & cosmetics exports accounted up to €24.5M and imports accounted up to €89M, resulting in a negative trade balance of €64.5M. Between February 2023 and February 2024 the exports of Portugal's Perfumery & cosmetics have increased by €1.51M (6.58%) from €23M to €24.5M, while imports increased by €14.8M (19.9%) from €74.2M to €89M.

Destinations In February 2024, Perfumery & cosmetics were exported mostly to Spain (€7.11M), Angola (€1.54M), Poland (€1.54M), Germany (€1.31M), and France (€1.29M), and were imported mostly from Spain (€48.5M), France (€16.7M), Italy (€6.39M), Germany (€3.44M), and Ireland (€3.41M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€1.51M(6.58%)

IMPORT GROWTH (February 2023 - February 2024)€14.8M(19.9%)

MAIN DESTINATION (February 2024)Spain€7.11M

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

Trade Value

Growth

Growth (%)

Year

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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