2022
Exports
$32MWorld Rnk 31 / 176
Flag Rnk 347 / 1216
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$99.9MWorld Rnk 32 / 215
Flag Rnk 227 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $32M in Synthetic Coloring Matter, making it the 31st largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 347th most exported product in Portugal. The main destination of Synthetic Coloring Matter exports from Portugal are: Germany ($8.27M), Spain ($8M), Singapore ($2.93M), Turkey ($2.66M), and Angola ($2.07M).

The fastest growing export markets for Synthetic Coloring Matter of Portugal between 2021 and 2022 were Singapore ($631k), Spain ($601k), and Turkey ($529k).

Imports In 2022, Portugal imported $99.9M in Synthetic Coloring Matter, becoming the 32nd largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 227th most imported product in Portugal. Portugal imports Synthetic Coloring Matter primarily from: Germany ($27.1M), Spain ($24.2M), India ($15.7M), Italy ($6.62M), and Netherlands ($6.37M).

The fastest growing import markets in Synthetic Coloring Matter for Portugal between 2021 and 2022 were India ($3.87M), Indonesia ($1.33M), and Spain ($987k).

COMPANIES In 2023, leading companies such as IKEA Group (2), Continental Tire (1), and Conair (1) were at the forefront of shipping Synthetic Coloring Matter from Portugal to the United States.

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 Synthetic Coloring Matter. 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)$32M
IMPORTS (2022)$99.9M
NET TRADE (2022)-$67.9M

In 2022, Portugal exported $32M in Synthetic Coloring Matter. The main destinations of Portugal exports on Synthetic Coloring Matter were Germany ($8.27M), Spain ($8M), Singapore ($2.93M), Turkey ($2.66M), and Angola ($2.07M).

In 2022, Portugal imported $99.9M in Synthetic Coloring Matter, mainly from Germany ($27.1M), Spain ($24.2M), India ($15.7M), Italy ($6.62M), and Netherlands ($6.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Singapore$631k (27.5%)
Spain$601k (8.12%)
Turkey$529k (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Portugal WERE (2021 - 2022):
Germany-$1.57M (-15.9%)
Italy-$766k (-57.5%)
Hungary-$514k (-98.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, Portugal's main importing competitors in Synthetic Coloring Matter were:

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Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.14M
TOP IMPORT POTENTIALIndia+ $6.7M

Synthetic Coloring Matter’s highest export potential is Spain. With an export gap of $2.14M.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $6.7M.

See methodology.

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