2022
Exports
$8.22MWorld Rnk 31 / 157
Flag Rnk 598 / 1216
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$48.2MWorld Rnk 38 / 215
Flag Rnk 377 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $8.22M in Silicone, making it the 31st largest exporter of Silicone in the world. At the same year, Silicone was the 598th most exported product in Portugal. The main destination of Silicone exports from Portugal are: France ($2.51M), Mexico ($1.16M), Angola ($1.1M), United Arab Emirates ($585k), and Spain ($574k).

The fastest growing export markets for Silicone of Portugal between 2021 and 2022 were France ($2.43M), Spain ($367k), and Tunisia ($302k).

Imports In 2018, Portugal imported $48.2M in Silicone, becoming the 38th largest importer of Silicone in the world. At the same year, Silicone was the 377th most imported product in Portugal. Portugal imports Silicone primarily from: Spain ($20.7M), Germany ($10.2M), China ($5.18M), Netherlands ($4.02M), and France ($3.14M).

The fastest growing import markets in Silicone for Portugal between 2021 and 2022 were Germany ($3.32M), Spain ($2.95M), and Poland ($1.07M).

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 Silicone. 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)$8.22M
IMPORTS (2022)$48.2M
NET TRADE (2022)-$40M

In 2022, Portugal exported $8.22M in Silicone. The main destinations of Portugal exports on Silicone were France ($2.51M), Mexico ($1.16M), Angola ($1.1M), United Arab Emirates ($585k), and Spain ($574k).

In 2022, Portugal imported $48.2M in Silicone, mainly from Spain ($20.7M), Germany ($10.2M), China ($5.18M), Netherlands ($4.02M), and France ($3.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$2.43M (3.02k%)
Spain$367k (178%)
Tunisia$302k (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Portugal WERE (2021 - 2022):
Mexico-$651k (-36%)
China-$433k (-73.6%)
Pakistan-$271k (-87.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $610k
TOP IMPORT POTENTIALChina+ $2.92M

Silicone’s highest export potential is Spain. With an export gap of $610k.   Silicone’s highest import potential is China with an import gap of $2.92M.

See methodology.

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