2022
Exports
$25.7MWorld Rnk 41 / 202
Flag Rnk 389 / 1216
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$52.6MWorld Rnk 44 / 223
Flag Rnk 354 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $25.7M in Soap, making it the 41st largest exporter of Soap in the world. At the same year, Soap was the 389th most exported product in Portugal. The main destination of Soap exports from Portugal are: United States ($7.06M), Spain ($5.59M), France ($1.75M), Sao Tome and Principe ($1.73M), and Angola ($1.42M).

The fastest growing export markets for Soap of Portugal between 2021 and 2022 were Sao Tome and Principe ($1.03M), Angola ($621k), and Malta ($563k).

Imports In 2022, Portugal imported $52.6M in Soap, becoming the 44th largest importer of Soap in the world. At the same year, Soap was the 354th most imported product in Portugal. Portugal imports Soap primarily from: Spain ($27.6M), Germany ($7.78M), Poland ($3.48M), France ($3.01M), and Italy ($2.5M).

The fastest growing import markets in Soap for Portugal between 2021 and 2022 were Indonesia ($1.11M), Germany ($905k), and Greece ($425k).

Latest Trends

Oct 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 Soap. 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)$25.7M
IMPORTS (2022)$52.6M
NET TRADE (2022)-$26.9M

In 2022, Portugal exported $25.7M in Soap. The main destinations of Portugal exports on Soap were United States ($7.06M), Spain ($5.59M), France ($1.75M), Sao Tome and Principe ($1.73M), and Angola ($1.42M).

In 2022, Portugal imported $52.6M in Soap, mainly from Spain ($27.6M), Germany ($7.78M), Poland ($3.48M), France ($3.01M), and Italy ($2.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$621k (77.5%)
Malta$563k (2.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Portugal WERE (2021 - 2022):
Spain-$1.66M (-22.9%)
South Korea-$298k (-52.5%)
United States-$191k (-2.64%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.14M
TOP IMPORT POTENTIALGermany+ $2.01M

Soap’s highest export potential is United States. With an export gap of $3.14M.   Soap’s highest import potential is Germany with an import gap of $2.01M.

See methodology.

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