2022
Exports
$18.3MWorld Rnk 43 / 145
Flag Rnk 443 / 1216
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$212MWorld Rnk 27 / 209
Flag Rnk 115 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $18.3M in Synthetic Rubber, making it the 43rd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 443rd most exported product in Portugal. The main destination of Synthetic Rubber exports from Portugal are: Spain ($6.42M), Belgium ($2.58M), Czechia ($1.4M), France ($1.06M), and Lithuania ($912k).

The fastest growing export markets for Synthetic Rubber of Portugal between 2021 and 2022 were Belgium ($1.66M), France ($561k), and Netherlands ($489k).

Imports In 2022, Portugal imported $212M in Synthetic Rubber, becoming the 27th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 115th most imported product in Portugal. Portugal imports Synthetic Rubber primarily from: Germany ($60.1M), Belgium ($23.9M), Spain ($23.9M), Poland ($18.5M), and France ($13.3M).

The fastest growing import markets in Synthetic Rubber for Portugal between 2021 and 2022 were Germany ($18.9M), Poland ($15.1M), and Belgium ($11.5M).

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 Synthetic Rubber. 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)$18.3M
IMPORTS (2022)$212M
NET TRADE (2022)-$194M

In 2022, Portugal exported $18.3M in Synthetic Rubber. The main destinations of Portugal exports on Synthetic Rubber were Spain ($6.42M), Belgium ($2.58M), Czechia ($1.4M), France ($1.06M), and Lithuania ($912k).

In 2022, Portugal imported $212M in Synthetic Rubber, mainly from Germany ($60.1M), Belgium ($23.9M), Spain ($23.9M), Poland ($18.5M), and France ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Belgium$1.66M (182%)
France$561k (113%)
Netherlands$489k (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Portugal WERE (2021 - 2022):
Russia-$1.2M (-63.8%)
Latvia-$440k (-100%)
Lithuania-$436k (-32.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Synthetic Rubber were:
In 2022, Portugal's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.11M
TOP IMPORT POTENTIALUnited States+ $5.56M

Synthetic Rubber’s highest export potential is Spain. With an export gap of $2.11M.   Synthetic Rubber’s highest import potential is United States with an import gap of $5.56M.

See methodology.

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