2023
Exports
$55.2MWorld Rnk 33 / 182
Flag Rnk 259 / 1213
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$144MWorld Rnk 44 / 216
Flag Rnk 170 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $55.2M in Rubberworking Machinery, making it the 33rd largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 259th most exported product in Portugal. The main destination of Rubberworking Machinery exports from Portugal are: Spain ($11.5M), Germany ($5.44M), Romania ($5.27M), Angola ($3.74M), and France ($3.63M).

The fastest growing export markets for Rubberworking Machinery of Portugal between 2022 and 2023 were Romania ($1.62M), Italy ($1.45M), and United States ($1.28M).

Imports In 2023, Portugal imported $144M in Rubberworking Machinery, becoming the 44th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 170th most imported product in Portugal. Portugal imports Rubberworking Machinery primarily from: Germany ($52.2M), Italy ($16.9M), Austria ($14.8M), Spain ($13.9M), and China ($10.9M).

The fastest growing import markets in Rubberworking Machinery for Portugal between 2022 and 2023 were Switzerland ($5.02M), India ($3.99M), and Spain ($2.37M).

Latest Trends

Jan 2025

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 Rubberworking Machinery. 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)$55.2M
IMPORTS (2023)$144M
NET TRADE (2023)-$89.2M

In 2023, Portugal exported $55.2M in Rubberworking Machinery. The main destinations of Portugal exports on Rubberworking Machinery were Spain ($11.5M), Germany ($5.44M), Romania ($5.27M), Angola ($3.74M), and France ($3.63M).

In 2023, Portugal imported $144M in Rubberworking Machinery, mainly from Germany ($52.2M), Italy ($16.9M), Austria ($14.8M), Spain ($13.9M), and China ($10.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Romania$1.62M (44.2%)
Italy$1.45M (146%)
United States$1.28M (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Portugal WERE (2022 - 2023):
Spain-$14.5M (-55.7%)
Germany-$2.23M (-29.1%)
India-$1.29M (-53.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Portugal's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.45M
TOP IMPORT POTENTIALChina+ $9.26M

Rubberworking Machinery’s highest export potential is Germany. With an export gap of $3.45M.   Rubberworking Machinery’s highest import potential is China with an import gap of $9.26M.

See methodology.

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