2022
Exports | Imports
$35.5M | $418MWorld Rnk 46 / 167
Flag Rnk 321 / 1216
World Rnk 31 / 215
Flag Rnk 46 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Tractors
0.92Rnk 196 / 1025

About

Exports In 2022, Portugal exported $35.5M in Tractors, making it the 46th largest exporter of Tractors in the world. At the same year, Tractors was the 321st most exported product in Portugal. The main destination of Tractors exports from Portugal are: Netherlands ($11.4M), Spain ($7.57M), Turkey ($3.56M), France ($1.62M), and Germany ($1.56M).

The fastest growing export markets for Tractors of Portugal between 2021 and 2022 were Netherlands ($4M), Turkey ($2.47M), and Saudi Arabia ($1.11M).

Imports In 2022, Portugal imported $418M in Tractors, becoming the 31st largest importer of Tractors in the world. At the same year, Tractors was the 46th most imported product in Portugal. Portugal imports Tractors primarily from: France ($76.5M), Turkey ($61.5M), Spain ($54.9M), Germany ($48.1M), and Belgium ($46.2M).

The fastest growing import markets in Tractors for Portugal between 2021 and 2022 were Turkey ($22.4M), Belgium ($15.1M), and Sweden ($2.66M).

COMPANIES In 2023, leading companies such as CNH INDUSTRIAL AMERICA LLC (360) were at the forefront of shipping Tractors from Portugal to the United States.

Latest Trends

Feb 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 Tractors. 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)$35.5M
IMPORTS (2022)$418M
NET TRADE (2022)-$383M

In 2022, Portugal exported $35.5M in Tractors. The main destinations of Portugal exports on Tractors were Netherlands ($11.4M), Spain ($7.57M), Turkey ($3.56M), France ($1.62M), and Germany ($1.56M).

In 2022, Portugal imported $418M in Tractors, mainly from France ($76.5M), Turkey ($61.5M), Spain ($54.9M), Germany ($48.1M), and Belgium ($46.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$4M (53.8%)
Turkey$2.47M (227%)
Saudi Arabia$1.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Portugal WERE (2021 - 2022):
Spain-$12.9M (-63.1%)
Belgium-$1.84M (-67.8%)
Poland-$1.58M (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tractors by Exporters

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