2022
Exports
$256MWorld Rnk 34 / 213
Flag Rnk 74 / 1216
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$358MWorld Rnk 38 / 224
Flag Rnk 62 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $256M in Refrigerators, making it the 34th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 74th most exported product in Portugal. The main destination of Refrigerators exports from Portugal are: Spain ($49.2M), France ($33.9M), United Kingdom ($25.3M), Germany ($20.3M), and Netherlands ($14M).

The fastest growing export markets for Refrigerators of Portugal between 2021 and 2022 were Spain ($4.55M), Angola ($4.29M), and Colombia ($2.59M).

Imports In 2022, Portugal imported $358M in Refrigerators, becoming the 38th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 62nd most imported product in Portugal. Portugal imports Refrigerators primarily from: Spain ($109M), China ($69M), Italy ($45M), Poland ($35.5M), and Turkey ($18.3M).

The fastest growing import markets in Refrigerators for Portugal between 2021 and 2022 were Italy ($5.54M), Germany ($4.1M), and Austria ($2.73M).

COMPANIES In 2023, leading companies such as IKEA Group (2), Coaster Fine Furniture (1), and Red Bull (1) were at the forefront of shipping Refrigerators from Portugal to the United States.

Latest Trends

Nov 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 Refrigerators. 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 (2022)$256M
IMPORTS (2022)$358M
NET TRADE (2022)-$102M

In 2022, Portugal exported $256M in Refrigerators. The main destinations of Portugal exports on Refrigerators were Spain ($49.2M), France ($33.9M), United Kingdom ($25.3M), Germany ($20.3M), and Netherlands ($14M).

In 2022, Portugal imported $358M in Refrigerators, mainly from Spain ($109M), China ($69M), Italy ($45M), Poland ($35.5M), and Turkey ($18.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$4.55M (10.2%)
Angola$4.29M (52.2%)
Colombia$2.59M (41.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Portugal WERE (2021 - 2022):
United Kingdom-$2.21M (-8.04%)
Egypt-$1.64M (-86%)
Belgium-$1.13M (-8.15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Portugal's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $16.9M
TOP IMPORT POTENTIALChina+ $25.3M

Refrigerators’s highest export potential is Spain. With an export gap of $16.9M.   Refrigerators’s highest import potential is China with an import gap of $25.3M.

See methodology.

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