2022
Exports
$1.38MWorld Rnk 34 / 168
Flag Rnk 873 / 1216
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$4.93MWorld Rnk 40 / 209
Flag Rnk 866 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.38M in String Instruments, making it the 34th largest exporter of String Instruments in the world. At the same year, String Instruments was the 873rd most exported product in Portugal. The main destination of String Instruments exports from Portugal are: Germany ($473k), France ($262k), Spain ($90.2k), Ireland ($87.1k), and United States ($60.4k).

The fastest growing export markets for String Instruments of Portugal between 2021 and 2022 were Ireland ($22.3k), Israel ($17.4k), and Cape Verde ($13.3k).

Imports In 2022, Portugal imported $4.93M in String Instruments, becoming the 40th largest importer of String Instruments in the world. At the same year, String Instruments was the 866th most imported product in Portugal. Portugal imports String Instruments primarily from: Spain ($2.09M), Germany ($992k), Netherlands ($656k), France ($448k), and China ($407k).

The fastest growing import markets in String Instruments for Portugal between 2021 and 2022 were Germany ($410k), Netherlands ($284k), and Spain ($165k).

Latest Trends

Jul 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 String Instruments. 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)$1.38M
IMPORTS (2022)$4.93M
NET TRADE (2022)-$3.54M

In 2022, Portugal exported $1.38M in String Instruments. The main destinations of Portugal exports on String Instruments were Germany ($473k), France ($262k), Spain ($90.2k), Ireland ($87.1k), and United States ($60.4k).

In 2022, Portugal imported $4.93M in String Instruments, mainly from Spain ($2.09M), Germany ($992k), Netherlands ($656k), France ($448k), and China ($407k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Ireland$22.3k (34.4%)
Israel$17.4k (98.7%)
Cape Verde$13.3k (269%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Portugal WERE (2021 - 2022):
Germany-$417k (-46.9%)
Austria-$61.1k (-55.1%)
South Africa-$40.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $92.6k
TOP IMPORT POTENTIALChina+ $302k

String Instruments’s highest export potential is United States. With an export gap of $92.6k.   String Instruments’s highest import potential is China with an import gap of $302k.

See methodology.

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