2022
Exports
$2.6MWorld Rnk 43 / 123
Flag Rnk 778 / 1216
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2022
Imports
$24.6MWorld Rnk 33 / 193
Flag Rnk 519 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.6M in Steel Wire, making it the 43rd largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 778th most exported product in Portugal. The main destination of Steel Wire exports from Portugal are: Spain ($1.34M), Cape Verde ($563k), Bolivia ($332k), Netherlands ($150k), and Belgium ($70.9k).

The fastest growing export markets for Steel Wire of Portugal between 2021 and 2022 were Cape Verde ($222k), Netherlands ($144k), and Mozambique ($32k).

Imports In 2022, Portugal imported $24.6M in Steel Wire, becoming the 33rd largest importer of Steel Wire in the world. At the same year, Steel Wire was the 519th most imported product in Portugal. Portugal imports Steel Wire primarily from: Turkey ($15M), Italy ($2.14M), Spain ($2.07M), Russia ($1.42M), and China ($1.4M).

The fastest growing import markets in Steel Wire for Portugal between 2021 and 2022 were Turkey ($839k), Russia ($826k), and China ($391k).

COMPANIES In 2023, leading companies such as Home Depot (4) were at the forefront of shipping Steel Wire from Portugal to the United States.

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 Steel Wire. 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)$2.6M
IMPORTS (2022)$24.6M
NET TRADE (2022)-$22M

In 2022, Portugal exported $2.6M in Steel Wire. The main destinations of Portugal exports on Steel Wire were Spain ($1.34M), Cape Verde ($563k), Bolivia ($332k), Netherlands ($150k), and Belgium ($70.9k).

In 2022, Portugal imported $24.6M in Steel Wire, mainly from Turkey ($15M), Italy ($2.14M), Spain ($2.07M), Russia ($1.42M), and China ($1.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Cape Verde$222k (65%)
Netherlands$144k (2.46k%)
Mozambique$32k (1.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Portugal WERE (2021 - 2022):
Germany-$68.9k (-97.1%)
United Kingdom-$61.3k (-100%)
Bolivia-$39.7k (-10.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $178k
TOP IMPORT POTENTIALChina+ $658k

Steel Wire’s highest export potential is Spain. With an export gap of $178k.   Steel Wire’s highest import potential is China with an import gap of $658k.

See methodology.

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