2023
Exports
$26.7MWorld Rnk 56 / 176
Flag Rnk 378 / 1213
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$494kWorld Rnk 59 / 126
Flag Rnk 1098 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $26.7M in Precious Metal Scraps, making it the 56th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 378th most exported product in Portugal. The main destination of Precious Metal Scraps exports from Portugal are: Germany ($15M), United Kingdom ($4.84M), Switzerland ($1.66M), Spain ($1.54M), and Belgium ($1.32M).

The fastest growing export markets for Precious Metal Scraps of Portugal between 2022 and 2023 were Germany ($8.13M), United Kingdom ($3.8M), and Switzerland ($1.66M).

Imports In 2023, Portugal imported $494k in Precious Metal Scraps, becoming the 59th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1098th most imported product in Portugal. Portugal imports Precious Metal Scraps primarily from: Israel ($125k), Spain ($110k), Bangladesh ($67.6k), Brazil ($59.4k), and Haiti ($33.7k).

The fastest growing import markets in Precious Metal Scraps for Portugal between 2022 and 2023 were Israel ($125k), Bangladesh ($67.6k), and Brazil ($59.4k).

Latest Trends

Jan 2025

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 Precious Metal Scraps. 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)$26.7M
IMPORTS (2023)$494k
NET TRADE (2023)$26.2M

In 2023, Portugal exported $26.7M in Precious Metal Scraps. The main destinations of Portugal exports on Precious Metal Scraps were Germany ($15M), United Kingdom ($4.84M), Switzerland ($1.66M), Spain ($1.54M), and Belgium ($1.32M).

In 2023, Portugal imported $494k in Precious Metal Scraps, mainly from Israel ($125k), Spain ($110k), Bangladesh ($67.6k), Brazil ($59.4k), and Haiti ($33.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Germany$8.13M (118%)
United Kingdom$3.8M (365%)
Switzerland$1.66M (78.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Portugal WERE (2022 - 2023):
Italy-$12.4M (-92.8%)
South Korea-$6.16M (-100%)
Spain-$535k (-25.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Precious Metal Scraps were:
In 2023, Portugal's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $7.5M
TOP IMPORT POTENTIALSpain+ $1.13M

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $7.5M.   Precious Metal Scraps’s highest import potential is Spain with an import gap of $1.13M.

See methodology.

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