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2022
Exports $2.81MWorld Rnk 66 / 162
Flag Rnk 94 / 96
2022
Destination $679k Spain
2021 - 2022
FASTEST GROWING MARKET $679kSpain
2022
PRODUCT COMPLEXITY IN Nickel articles1.47Rnk 61 / 1025
2022
Imports $21.8MWorld Rnk 52 / 206
Flag Rnk 93 / 96
2022
Origin $2.17M Germany
2021 - 2022
FASTEST GROWING ORIGIN $2.17MItaly
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.81M in Nickel articles, making it the 66th largest exporter of Nickel articles in the world. At the same year, Nickel articles was the 94th most exported product in Portugal. The main destination of Nickel articles exports from Portugal are: Spain ($1.63M), Australia ($342k), Germany ($219k), France ($184k), and Netherlands ($148k).

The fastest growing export markets for Nickel articles of Portugal between 2021 and 2022 were Spain ($679k), Australia ($342k), and Brazil ($122k).

Imports In 2022, Portugal imported $21.8M in Nickel articles, becoming the 52nd largest importer of Nickel articles in the world. At the same year, Nickel articles was the 93rd most imported product in Portugal. Portugal imports Nickel articles primarily from: Germany ($6.55M), Spain ($4.92M), Italy ($3.84M), France ($1.76M), and United Kingdom ($1.59M).

The fastest growing import markets in Nickel articles for Portugal between 2021 and 2022 were Italy ($2.17M), France ($963k), and United States ($925k).

Latest Trends

June 2024

About

Overview In June 2024 Portugal's Nickel articles exports accounted up to €279k and imports accounted up to €1.61M, resulting in a negative trade balance of €1.33M. Between June 2023 and June 2024 the exports of Portugal's   Nickel articles have increased by €163k (141%) from €116k to €279k, while imports decreased by €-352k (-17.9%) from €1.96M to €1.61M.

Destinations In June 2024, Nickel articles were exported mostly to Spain (€179k), Germany (€56.7k), United Kingdom (€42.4k), France (€140), and Angola (€0), and were imported mostly from Germany (€908k), Spain (€186k), France (€113k), Italy (€103k), and United States (€84.7k).

Growth In June 2024, the increase in Nickel articles's year-by-year exports was explained primarily by an increase in exports to Germany (€119k or 28.8k%) and Spain (€53.4k or 100%). In June 2024, the decrease in Nickel articles's year-by-year imports was explained primarily by a decrease in imports from Italy (€-260k or -72.4%), Spain (€-178k or -50.1%), and Austria (€-21.1k or -99.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€163k(141%)
IMPORT GROWTH (June 2023 - June 2024)€-352k(-17.9%)
MAIN DESTINATION (June 2024)Spain€179k

This section shows Nickel 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 Nickel articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.81M
IMPORTS (2022)$21.8M
NET TRADE (2022)-$19M

In 2022, Portugal exported $2.81M in Nickel articles. The main destinations of Portugal exports on Nickel articles were Spain ($1.63M), Australia ($342k), Germany ($219k), France ($184k), and Netherlands ($148k).

In 2022, Portugal imported $21.8M in Nickel articles, mainly from Germany ($6.55M), Spain ($4.92M), Italy ($3.84M), France ($1.76M), and United Kingdom ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel articles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$679k (71.3%)
Australia$342k (1%)
Brazil$122k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel articles BY Portugal WERE (2021 - 2022):
Germany-$933k (-81%)
Netherlands-$123k (-45.5%)
India-$89k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Nickel articles were:
Indonesia $6.3B
Canada $5.49B
Russia $4.87B
In 2022, Portugal's main importing competitors in Nickel articles were:
China $12.8B
United States $4.52B
Japan $4.39B

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Trade Value of Nickel articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $247k
TOP IMPORT POTENTIALUnited States+ $735k

Nickel articles’s highest export potential is Spain. With an export gap of $247k.   Nickel articles’s highest import potential is United States with an import gap of $735k.

See methodology.

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