2023
Exports
$91.3MWorld Rnk 25 / 176
Flag Rnk 187 / 1213
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$49.5MWorld Rnk 42 / 219
Flag Rnk 381 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $91.3M in Recreational Boats, making it the 25th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 187th most exported product in Portugal. The main destination of Recreational Boats exports from Portugal are: France ($15.9M), Spain ($8.39M), United States ($7.69M), British Virgin Islands ($6.53M), and Germany ($6.04M).

The fastest growing export markets for Recreational Boats of Portugal between 2022 and 2023 were France ($8.37M), British Virgin Islands ($5.98M), and United States ($5.49M).

Imports In 2023, Portugal imported $49.5M in Recreational Boats, becoming the 42nd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 381st most imported product in Portugal. Portugal imports Recreational Boats primarily from: France ($13.1M), Italy ($8.43M), Spain ($7.16M), United States ($3.28M), and Netherlands ($3.18M).

The fastest growing import markets in Recreational Boats for Portugal between 2022 and 2023 were United States ($3.16M), Netherlands ($3M), and Mexico ($2.25M).

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 Recreational Boats. 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)$91.3M
IMPORTS (2023)$49.5M
NET TRADE (2023)$41.8M

In 2023, Portugal exported $91.3M in Recreational Boats. The main destinations of Portugal exports on Recreational Boats were France ($15.9M), Spain ($8.39M), United States ($7.69M), British Virgin Islands ($6.53M), and Germany ($6.04M).

In 2023, Portugal imported $49.5M in Recreational Boats, mainly from France ($13.1M), Italy ($8.43M), Spain ($7.16M), United States ($3.28M), and Netherlands ($3.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
France$8.37M (111%)
British Virgin Islands$5.98M (1.09k%)
United States$5.49M (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Portugal WERE (2022 - 2023):
Norway-$6.98M (-61.6%)
Morocco-$3.04M (-83.5%)
Germany-$1.23M (-16.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Recreational Boats were:
In 2023, Portugal's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $5.35M
TOP IMPORT POTENTIALUnited Kingdom+ $1.54M

Recreational Boats’s highest export potential is Spain. With an export gap of $5.35M.   Recreational Boats’s highest import potential is United Kingdom with an import gap of $1.54M.

See methodology.

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