2022
Exports
$430MWorld Rnk 31 / 224
Flag Rnk 38 / 1216
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$435MWorld Rnk 43 / 224
Flag Rnk 43 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $430M in Valves, making it the 31st largest exporter of Valves in the world. At the same year, Valves was the 38th most exported product in Portugal. The main destination of Valves exports from Portugal are: Germany ($234M), Spain ($53.1M), United States ($21M), France ($19.8M), and United Kingdom ($13.5M).

The fastest growing export markets for Valves of Portugal between 2021 and 2022 were Canada ($3.38M), United Kingdom ($2.82M), and Mexico ($1.28M).

Imports In 2022, Portugal imported $435M in Valves, becoming the 43rd largest importer of Valves in the world. At the same year, Valves was the 43rd most imported product in Portugal. Portugal imports Valves primarily from: Germany ($102M), Spain ($101M), Italy ($66.3M), China ($65.6M), and France ($30M).

The fastest growing import markets in Valves for Portugal between 2021 and 2022 were China ($6.92M), France ($3.2M), and Netherlands ($1.81M).

COMPANIES In 2023, leading companies such as John Deere (36), Home Depot (8), and Robert Bosch (2) were at the forefront of shipping Valves from Portugal to the United States.

Latest Trends

Sep 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 Valves. 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)$430M
IMPORTS (2022)$435M
NET TRADE (2022)-$5.19M

In 2022, Portugal exported $430M in Valves. The main destinations of Portugal exports on Valves were Germany ($234M), Spain ($53.1M), United States ($21M), France ($19.8M), and United Kingdom ($13.5M).

In 2022, Portugal imported $435M in Valves, mainly from Germany ($102M), Spain ($101M), Italy ($66.3M), China ($65.6M), and France ($30M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Canada$3.38M (1.38k%)
United Kingdom$2.82M (26.5%)
Mexico$1.28M (341%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Portugal WERE (2021 - 2022):
Spain-$5.64M (-9.61%)
Germany-$5.01M (-2.09%)
Russia-$2.67M (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.3M
TOP IMPORT POTENTIALChina+ $31.7M

Valves’s highest export potential is United States. With an export gap of $32.3M.   Valves’s highest import potential is China with an import gap of $31.7M.

See methodology.

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