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Exports In 2022, Portugal exported $23.3M in Turpentine, making it the 6th largest exporter of Turpentine in the world. At the same year, Turpentine was the 406th most exported product in Portugal. The main destination of Turpentine exports from Portugal are: Mexico ($6.71M), France ($6.45M), India ($4.76M), Spain ($3.27M), and Germany ($835k).

The fastest growing export markets for Turpentine of Portugal between 2021 and 2022 were Mexico ($1.7M), India ($1.38M), and France ($797k).

Imports In 2022, Portugal imported $552k in Turpentine, becoming the 49th largest importer of Turpentine in the world. At the same year, Turpentine was the 1093rd most imported product in Portugal. Portugal imports Turpentine primarily from: Spain ($494k), New Zealand ($23.5k), France ($16.4k), Denmark ($9.17k), and Netherlands ($4.5k).

The fastest growing import markets in Turpentine for Portugal between 2021 and 2022 were Spain ($111k), France ($5.67k), and Netherlands ($4.44k).

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 Turpentine. 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)$23.3M
IMPORTS (2022)$552k
NET TRADE (2022)$22.7M

In 2022, Portugal exported $23.3M in Turpentine. The main destinations of Portugal exports on Turpentine were Mexico ($6.71M), France ($6.45M), India ($4.76M), Spain ($3.27M), and Germany ($835k).

In 2022, Portugal imported $552k in Turpentine, mainly from Spain ($494k), New Zealand ($23.5k), France ($16.4k), Denmark ($9.17k), and Netherlands ($4.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Mexico$1.7M (34%)
India$1.38M (40.9%)
France$797k (14.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Portugal WERE (2021 - 2022):
Spain-$1.25M (-27.6%)
Germany-$265k (-24.1%)
Morocco-$192k (-34.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $369k
TOP IMPORT POTENTIALFrance+ $12.4k

Turpentine’s highest export potential is India. With an export gap of $369k.   Turpentine’s highest import potential is France with an import gap of $12.4k.

See methodology.

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