2022
Exports
$326MWorld Rnk 30 / 222
Flag Rnk 50 / 1216
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$352MWorld Rnk 42 / 225
Flag Rnk 63 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $326M in Other Iron Products, making it the 30th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 50th most exported product in Portugal. The main destination of Other Iron Products exports from Portugal are: France ($110M), Spain ($88.6M), Germany ($30.3M), Switzerland ($14.7M), and Angola ($6.96M).

The fastest growing export markets for Other Iron Products of Portugal between 2021 and 2022 were France ($13.6M), Germany ($4.5M), and Spain ($2.88M).

Imports In 2022, Portugal imported $352M in Other Iron Products, becoming the 42nd largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 63rd most imported product in Portugal. Portugal imports Other Iron Products primarily from: Spain ($114M), France ($44.2M), Germany ($43.9M), Italy ($30.7M), and China ($19.6M).

The fastest growing import markets in Other Iron Products for Portugal between 2021 and 2022 were Spain ($21.4M), Croatia ($8.51M), and Austria ($6.67M).

COMPANIES In 2023, leading companies such as Continental Tire (21) and At Home Procurement (6) were at the forefront of shipping Other Iron Products from Portugal to the United States.

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 Other Iron Products. 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)$326M
IMPORTS (2022)$352M
NET TRADE (2022)-$26.1M

In 2022, Portugal exported $326M in Other Iron Products. The main destinations of Portugal exports on Other Iron Products were France ($110M), Spain ($88.6M), Germany ($30.3M), Switzerland ($14.7M), and Angola ($6.96M).

In 2022, Portugal imported $352M in Other Iron Products, mainly from Spain ($114M), France ($44.2M), Germany ($43.9M), Italy ($30.7M), and China ($19.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$13.6M (14.2%)
Germany$4.5M (17.4%)
Spain$2.88M (3.36%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Portugal WERE (2021 - 2022):
Romania-$1.93M (-69.4%)
Vietnam-$1.19M (-98.9%)
China-$412k (-55.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Other Iron Products were:
In 2022, Portugal's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $20.4M
TOP IMPORT POTENTIALChina+ $18.7M

Other Iron Products’s highest export potential is Germany. With an export gap of $20.4M.   Other Iron Products’s highest import potential is China with an import gap of $18.7M.

See methodology.

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