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2022
Exports $17MWorld Rnk 53 / 194
Flag Rnk 84 / 96
2022
Destination $1.44M Spain
2021 - 2022
FASTEST GROWING MARKET $1.44MGermany
2022
PRODUCT COMPLEXITY IN Railway and trams1.48Rnk 58 / 1025
2022
Imports $32.4MWorld Rnk 82 / 217
Flag Rnk 87 / 96
2022
Origin $2.48M Spain
2021 - 2022
FASTEST GROWING ORIGIN $2.48MChina
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $17M in Railway and trams, making it the 53rd largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 84th most exported product in Portugal. The main destination of Railway and trams exports from Portugal are: Spain ($4.88M), Germany ($1.97M), United States ($1.95M), France ($1.83M), and Angola ($1.22M).

The fastest growing export markets for Railway and trams of Portugal between 2021 and 2022 were Germany ($1.44M), United States ($1.35M), and Bulgaria ($883k).

Imports In 2022, Portugal imported $32.4M in Railway and trams, becoming the 82nd largest importer of Railway and trams in the world. At the same year, Railway and trams was the 87th most imported product in Portugal. Portugal imports Railway and trams primarily from: Spain ($13.3M), China ($3.35M), Czechia ($2.86M), Germany ($2.44M), and Switzerland ($1.85M).

The fastest growing import markets in Railway and trams for Portugal between 2021 and 2022 were China ($2.48M), Czechia ($902k), and Italy ($883k).

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Railway and trams exports accounted up to €77.6k and imports accounted up to €2.03M, resulting in a negative trade balance of €1.95M. Between August 2023 and August 2024 the exports of Portugal's   Railway and trams have decreased by €-209k (-72.9%) from €287k to €77.6k, while imports decreased by €-493k (-19.6%) from €2.52M to €2.03M.

Destinations In August 2024, Railway and trams were exported mostly to Angola (€25.5k), Cape Verde (€13.8k), Switzerland (€9.19k), France (€8.13k), and Senegal (€7.15k), and were imported mostly from Spain (€783k), Germany (€576k), Czechia (€229k), Italy (€153k), and France (€137k).

Growth In August 2024, the decrease in Railway and trams's year-by-year exports was explained primarily by a decrease in exports to Madagascar (€-57.7k or -100%), Sudan (€-42.9k or -100%), and Spain (€-34.1k or -93.5%). In August 2024, the decrease in Railway and trams's year-by-year imports was explained primarily by a decrease in imports from Spain (€-388k or -65.2%), India (€-27.8k or -81%), and Croatia (€-26k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-209k(-72.9%)
IMPORT GROWTH (August 2023 - August 2024)€-493k(-19.6%)
MAIN DESTINATION (August 2024)Angola€25.5k

This section shows Railway and trams'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 Railway and trams over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17M
IMPORTS (2022)$32.4M
NET TRADE (2022)-$15.3M

In 2022, Portugal exported $17M in Railway and trams. The main destinations of Portugal exports on Railway and trams were Spain ($4.88M), Germany ($1.97M), United States ($1.95M), France ($1.83M), and Angola ($1.22M).

In 2022, Portugal imported $32.4M in Railway and trams, mainly from Spain ($13.3M), China ($3.35M), Czechia ($2.86M), Germany ($2.44M), and Switzerland ($1.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$1.44M (270%)
United States$1.35M (224%)
Bulgaria$883k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Portugal WERE (2021 - 2022):
France-$716k (-28.1%)
Vietnam-$574k (-100%)
Netherlands-$437k (-82.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Railway and trams were:
China $9.83B
United States $3.41B
Germany $3.35B
In 2022, Portugal's main importing competitors in Railway and trams were:
United States $4.08B
Germany $3.47B
Canada $1.66B

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.54M
TOP IMPORT POTENTIALChina+ $1.69M

Railway and trams’s highest export potential is Spain. With an export gap of $1.54M.   Railway and trams’s highest import potential is China with an import gap of $1.69M.

See methodology.

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