2023
Exports
$415kWorld Rnk 51 / 101
Flag Rnk 1007 / 1213
2023
PRODUCT COMPLEXITY IN Phosphoric Acid
-0.67Rnk 754 / 1025
2023
Imports
$11.8MWorld Rnk 38 / 190
Flag Rnk 699 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $415k in Phosphoric Acid, making it the 51st largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 1007th most exported product in Portugal. The main destination of Phosphoric Acid exports from Portugal are: Spain ($215k), Angola ($126k), Netherlands ($47.8k), Cape Verde ($16.4k), and Nicaragua ($7.61k).

The fastest growing export markets for Phosphoric Acid of Portugal between 2022 and 2023 were Netherlands ($15k), Nicaragua ($7.61k), and Cape Verde ($6.35k).

Imports In 2023, Portugal imported $11.8M in Phosphoric Acid, becoming the 38th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 699th most imported product in Portugal. Portugal imports Phosphoric Acid primarily from: Morocco ($7.2M), Spain ($2.95M), China ($976k), Germany ($281k), and France ($122k).

The fastest growing import markets in Phosphoric Acid for Portugal between 2022 and 2023 were Germany ($230k), Serbia ($54.3k), and Turkey ($28.5k).

Latest Trends

Dec 2024

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 Phosphoric Acid. 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)$415k
IMPORTS (2023)$11.8M
NET TRADE (2023)-$11.4M

In 2023, Portugal exported $415k in Phosphoric Acid. The main destinations of Portugal exports on Phosphoric Acid were Spain ($215k), Angola ($126k), Netherlands ($47.8k), Cape Verde ($16.4k), and Nicaragua ($7.61k).

In 2023, Portugal imported $11.8M in Phosphoric Acid, mainly from Morocco ($7.2M), Spain ($2.95M), China ($976k), Germany ($281k), and France ($122k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Netherlands$15k (45.6%)
Nicaragua$7.61k (1%)
Cape Verde$6.35k (63.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Portugal WERE (2022 - 2023):
Spain-$1.05M (-82.9%)
Angola-$352k (-73.7%)
Poland-$82.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Phosphoric Acid were:
Morocco $1.41B
China $708M
In 2023, Portugal's main importing competitors in Phosphoric Acid were:

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $372k
TOP IMPORT POTENTIALMorocco+ $2.87M

Phosphoric Acid’s highest export potential is Spain. With an export gap of $372k.   Phosphoric Acid’s highest import potential is Morocco with an import gap of $2.87M.

See methodology.

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