2022
Exports
$39.6MWorld Rnk 33 / 187
Flag Rnk 306 / 1216
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$97.2MWorld Rnk 39 / 221
Flag Rnk 235 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $39.6M in Industrial Food Preperation Machinery, making it the 33rd largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 306th most exported product in Portugal. The main destination of Industrial Food Preperation Machinery exports from Portugal are: Spain ($6.32M), Angola ($3.98M), France ($3.64M), Germany ($2.21M), and Vietnam ($1.94M).

The fastest growing export markets for Industrial Food Preperation Machinery of Portugal between 2021 and 2022 were Vietnam ($1.94M), Algeria ($1.71M), and United Kingdom ($1.16M).

Imports In 2022, Portugal imported $97.2M in Industrial Food Preperation Machinery, becoming the 39th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 235th most imported product in Portugal. Portugal imports Industrial Food Preperation Machinery primarily from: Spain ($29M), Italy ($17.3M), Germany ($16M), Netherlands ($8.73M), and United States ($4.13M).

The fastest growing import markets in Industrial Food Preperation Machinery for Portugal between 2021 and 2022 were Germany ($7.62M), Denmark ($2.39M), and Chile ($2.29M).

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 Industrial Food Preperation Machinery. 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)$39.6M
IMPORTS (2022)$97.2M
NET TRADE (2022)-$57.5M

In 2022, Portugal exported $39.6M in Industrial Food Preperation Machinery. The main destinations of Portugal exports on Industrial Food Preperation Machinery were Spain ($6.32M), Angola ($3.98M), France ($3.64M), Germany ($2.21M), and Vietnam ($1.94M).

In 2022, Portugal imported $97.2M in Industrial Food Preperation Machinery, mainly from Spain ($29M), Italy ($17.3M), Germany ($16M), Netherlands ($8.73M), and United States ($4.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Vietnam$1.94M (1%)
Algeria$1.71M (20.5k%)
United Kingdom$1.16M (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Portugal WERE (2021 - 2022):
France-$3.08M (-45.9%)
Chile-$2.82M (-88.4%)
Angola-$1.8M (-31.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Industrial Food Preperation Machinery were:
In 2022, Portugal's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $2.82M
TOP IMPORT POTENTIALGermany+ $3.17M

Industrial Food Preperation Machinery’s highest export potential is Spain. With an export gap of $2.82M.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $3.17M.

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