2023
Exports
$30.2MWorld Rnk 69 / 156
Flag Rnk 349 / 1213
2023
PRODUCT COMPLEXITY IN Raw Aluminium
-1.28Rnk 895 / 1025
2023
Imports
$512MWorld Rnk 28 / 186
Flag Rnk 44 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $30.2M in Raw Aluminium, making it the 69th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 349th most exported product in Portugal. The main destination of Raw Aluminium exports from Portugal are: Spain ($25.3M), Malaysia ($1.28M), Sweden ($914k), Belgium ($898k), and United Kingdom ($428k).

The fastest growing export markets for Raw Aluminium of Portugal between 2022 and 2023 were Malaysia ($1.19M), Belgium ($603k), and United Kingdom ($425k).

Imports In 2023, Portugal imported $512M in Raw Aluminium, becoming the 28th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 44th most imported product in Portugal. Portugal imports Raw Aluminium primarily from: Spain ($357M), Norway ($78.7M), Iceland ($23M), France ($20.4M), and Netherlands ($19.5M).

The fastest growing import markets in Raw Aluminium for Portugal between 2022 and 2023 were Iceland ($3.82M), Hungary ($1.53M), and Turkey ($1.36M).

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 Raw Aluminium. 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)$30.2M
IMPORTS (2023)$512M
NET TRADE (2023)-$482M

In 2023, Portugal exported $30.2M in Raw Aluminium. The main destinations of Portugal exports on Raw Aluminium were Spain ($25.3M), Malaysia ($1.28M), Sweden ($914k), Belgium ($898k), and United Kingdom ($428k).

In 2023, Portugal imported $512M in Raw Aluminium, mainly from Spain ($357M), Norway ($78.7M), Iceland ($23M), France ($20.4M), and Netherlands ($19.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Malaysia$1.19M (1.22k%)
Belgium$603k (205%)
United Kingdom$425k (14.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Portugal WERE (2022 - 2023):
Spain-$24.2M (-48.9%)
France-$1.3M (-76.7%)
Israel-$298k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Raw Aluminium were:
In 2023, Portugal's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $3.92M
TOP IMPORT POTENTIALNetherlands+ $10.4M

Raw Aluminium’s highest export potential is Spain. With an export gap of $3.92M.   Raw Aluminium’s highest import potential is Netherlands with an import gap of $10.4M.

See methodology.

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