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2022
Exports $7.38MWorld Rnk 65 / 162
Flag Rnk 90 / 96
2022
Destination $544k Spain
2021 - 2022
FASTEST GROWING MARKET $544kSpain
2022
PRODUCT COMPLEXITY IN Cermet articles1.9Rnk 12 / 1025
2022
Imports $37.4MWorld Rnk 50 / 203
Flag Rnk 84 / 96
2022
Origin $3.14M China
2021 - 2022
FASTEST GROWING ORIGIN $3.14MFrance
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $7.38M in Cermet articles, making it the 65th largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 90th most exported product in Portugal. The main destination of Cermet articles exports from Portugal are: Spain ($3.02M), Brazil ($1.72M), Hungary ($926k), Germany ($616k), and France ($298k).

The fastest growing export markets for Cermet articles of Portugal between 2021 and 2022 were Spain ($544k), Hungary ($431k), and Germany ($323k).

Imports In 2022, Portugal imported $37.4M in Cermet articles, becoming the 50th largest importer of Cermet articles in the world. At the same year, Cermet articles was the 84th most imported product in Portugal. Portugal imports Cermet articles primarily from: China ($6.89M), Mexico ($6.49M), Germany ($5.5M), France ($5.11M), and Spain ($3.41M).

The fastest growing import markets in Cermet articles for Portugal between 2021 and 2022 were France ($3.14M), China ($3M), and Mexico ($2.59M).

COMPANIES In 2023, leading companies such as Home Depot (13) were at the forefront of shipping Cermet articles from Portugal to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Portugal's Cermet articles exports accounted up to €235k and imports accounted up to €1.95M, resulting in a negative trade balance of €1.71M. Between June 2023 and June 2024 the exports of Portugal's   Cermet articles have decreased by €-860k (-78.5%) from €1.09M to €235k, while imports decreased by €-2.06M (-51.4%) from €4.01M to €1.95M.

Destinations In June 2024, Cermet articles were exported mostly to Spain (€203k), France (€18.4k), Brazil (€5.55k), Mexico (€3.86k), and Germany (€2.69k), and were imported mostly from Germany (€588k), China (€347k), France (€325k), United Kingdom (€277k), and Spain (€129k).

Growth In June 2024, the decrease in Cermet articles's year-by-year exports was explained primarily by a decrease in exports to Brazil (€-187k or -95.8%), Bulgaria (€-4.96k or -100%), and Argentina (€-1.58k or -100%). In June 2024, the decrease in Cermet articles's year-by-year imports was explained primarily by a decrease in imports from Russia (€-362k or -98%), Finland (€-66.2k or -100%), and Netherlands (€-37.9k or -35.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-860k(-78.5%)
IMPORT GROWTH (June 2023 - June 2024)€-2.06M(-51.4%)
MAIN DESTINATION (June 2024)Spain€203k

This section shows Cermet articles's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cermet articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.38M
IMPORTS (2022)$37.4M
NET TRADE (2022)-$30.1M

In 2022, Portugal exported $7.38M in Cermet articles. The main destinations of Portugal exports on Cermet articles were Spain ($3.02M), Brazil ($1.72M), Hungary ($926k), Germany ($616k), and France ($298k).

In 2022, Portugal imported $37.4M in Cermet articles, mainly from China ($6.89M), Mexico ($6.49M), Germany ($5.5M), France ($5.11M), and Spain ($3.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermet articles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$544k (22%)
Hungary$431k (87.2%)
Germany$323k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermet articles BY Portugal WERE (2021 - 2022):
Brazil-$448k (-20.7%)
Switzerland-$130k (-94.2%)
China-$65.5k (-28.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Cermet articles were:
China $6.8B
Democratic Republic of the Congo $5.99B
United States $3B
In 2022, Portugal's main importing competitors in Cermet articles were:
China $7.35B
United States $3.94B
Germany $2.4B

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Trade Value of Cermet articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $617k
TOP IMPORT POTENTIALChina+ $1.72M

Cermet articles’s highest export potential is Germany. With an export gap of $617k.   Cermet articles’s highest import potential is China with an import gap of $1.72M.

See methodology.

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