2022
Exports
$3.09MWorld Rnk 55 / 131
Flag Rnk 754 / 1216
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$77.7MWorld Rnk 32 / 192
Flag Rnk 276 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.09M in Rubber, making it the 55th largest exporter of Rubber in the world. At the same year, Rubber was the 754th most exported product in Portugal. The main destination of Rubber exports from Portugal are: Germany ($1.18M), Spain ($512k), Czechia ($449k), Brazil ($380k), and South Africa ($204k).

The fastest growing export markets for Rubber of Portugal between 2021 and 2022 were Brazil ($378k), Czechia ($192k), and Romania ($125k).

Imports In 2022, Portugal imported $77.7M in Rubber, becoming the 32nd largest importer of Rubber in the world. At the same year, Rubber was the 276th most imported product in Portugal. Portugal imports Rubber primarily from: Cote d'Ivoire ($22.8M), Malaysia ($17.3M), Indonesia ($12.3M), Thailand ($10.1M), and Spain ($4.86M).

The fastest growing import markets in Rubber for Portugal between 2021 and 2022 were Indonesia ($8.21M), Cote d'Ivoire ($5.33M), and Malaysia ($3.27M).

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 Rubber. 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)$3.09M
IMPORTS (2022)$77.7M
NET TRADE (2022)-$74.6M

In 2022, Portugal exported $3.09M in Rubber. The main destinations of Portugal exports on Rubber were Germany ($1.18M), Spain ($512k), Czechia ($449k), Brazil ($380k), and South Africa ($204k).

In 2022, Portugal imported $77.7M in Rubber, mainly from Cote d'Ivoire ($22.8M), Malaysia ($17.3M), Indonesia ($12.3M), Thailand ($10.1M), and Spain ($4.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Brazil$378k (36.2k%)
Czechia$192k (74.8%)
Romania$125k (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Portugal WERE (2021 - 2022):
Spain-$3.01M (-85.5%)
South Africa-$168k (-45.2%)
Slovakia-$79.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Rubber were:
In 2022, Portugal's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $596k
TOP IMPORT POTENTIALIndonesia+ $3.59M

Rubber’s highest export potential is Spain. With an export gap of $596k.   Rubber’s highest import potential is Indonesia with an import gap of $3.59M.

See methodology.

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