2022
Exports
$10.5MWorld Rnk 18 / 174
Flag Rnk 543 / 1216
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$22.1MWorld Rnk 29 / 218
Flag Rnk 542 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $10.5M in Umbrellas, making it the 18th largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 543rd most exported product in Portugal. The main destination of Umbrellas exports from Portugal are: Spain ($7.09M), France ($1.15M), Italy ($362k), Netherlands ($255k), and Angola ($170k).

The fastest growing export markets for Umbrellas of Portugal between 2021 and 2022 were France ($537k), Italy ($208k), and Netherlands ($140k).

Imports In 2022, Portugal imported $22.1M in Umbrellas, becoming the 29th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 542nd most imported product in Portugal. Portugal imports Umbrellas primarily from: China ($11.9M), Spain ($5.12M), Netherlands ($1.45M), France ($1.16M), and Germany ($601k).

The fastest growing import markets in Umbrellas for Portugal between 2021 and 2022 were China ($1.67M), Netherlands ($954k), and Austria ($327k).

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 Umbrellas. 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)$10.5M
IMPORTS (2022)$22.1M
NET TRADE (2022)-$11.6M

In 2022, Portugal exported $10.5M in Umbrellas. The main destinations of Portugal exports on Umbrellas were Spain ($7.09M), France ($1.15M), Italy ($362k), Netherlands ($255k), and Angola ($170k).

In 2022, Portugal imported $22.1M in Umbrellas, mainly from China ($11.9M), Spain ($5.12M), Netherlands ($1.45M), France ($1.16M), and Germany ($601k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$537k (87.1%)
Italy$208k (136%)
Netherlands$140k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Portugal WERE (2021 - 2022):
Spain-$119k (-1.65%)
Romania-$71.8k (-83.8%)
Angola-$52.8k (-23.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $353k
TOP IMPORT POTENTIALChina+ $1.1M

Umbrellas’s highest export potential is France. With an export gap of $353k.   Umbrellas’s highest import potential is China with an import gap of $1.1M.

See methodology.

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