2022
Exports
$187MWorld Rnk 13 / 196
Flag Rnk 89 / 1216
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$76.6MWorld Rnk 31 / 222
Flag Rnk 282 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $187M in Stranded Iron Wire, making it the 13th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 89th most exported product in Portugal. The main destination of Stranded Iron Wire exports from Portugal are: United States ($61.2M), Spain ($24.3M), France ($11.9M), United Kingdom ($9.5M), and Germany ($8.58M).

The fastest growing export markets for Stranded Iron Wire of Portugal between 2021 and 2022 were United States ($14.8M), Spain ($8.47M), and France ($4.4M).

Imports In 2022, Portugal imported $76.6M in Stranded Iron Wire, becoming the 31st largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 282nd most imported product in Portugal. Portugal imports Stranded Iron Wire primarily from: Spain ($35M), Vietnam ($9.95M), China ($9.02M), Luxembourg ($3.99M), and Poland ($3.44M).

The fastest growing import markets in Stranded Iron Wire for Portugal between 2021 and 2022 were Vietnam ($2.79M), China ($1.92M), and Poland ($1.76M).

COMPANIES In 2023, leading companies such as Konecranes (1) were at the forefront of shipping Stranded Iron Wire 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 Stranded Iron 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)$187M
IMPORTS (2022)$76.6M
NET TRADE (2022)$111M

In 2022, Portugal exported $187M in Stranded Iron Wire. The main destinations of Portugal exports on Stranded Iron Wire were United States ($61.2M), Spain ($24.3M), France ($11.9M), United Kingdom ($9.5M), and Germany ($8.58M).

In 2022, Portugal imported $76.6M in Stranded Iron Wire, mainly from Spain ($35M), Vietnam ($9.95M), China ($9.02M), Luxembourg ($3.99M), and Poland ($3.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$14.8M (31.8%)
Spain$8.47M (53.5%)
France$4.4M (58.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Portugal WERE (2021 - 2022):
Colombia-$1.93M (-55.9%)
Kenya-$823k (-57%)
Chile-$777k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $4.55M
TOP IMPORT POTENTIALChina+ $4.47M

Stranded Iron Wire’s highest export potential is Spain. With an export gap of $4.55M.   Stranded Iron Wire’s highest import potential is China with an import gap of $4.47M.

See methodology.

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