2022
Exports
$2.01MWorld Rnk 37 / 166
Flag Rnk 816 / 1216
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$5.35MWorld Rnk 42 / 214
Flag Rnk 852 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.01M in Soldering and Welding Machinery, making it the 37th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 816th most exported product in Portugal. The main destination of Soldering and Welding Machinery exports from Portugal are: Germany ($880k), Angola ($486k), Spain ($132k), Italy ($123k), and Mozambique ($78.9k).

The fastest growing export markets for Soldering and Welding Machinery of Portugal between 2021 and 2022 were Germany ($362k), Italy ($120k), and Mozambique ($52.9k).

Imports In 2022, Portugal imported $5.35M in Soldering and Welding Machinery, becoming the 42nd largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 852nd most imported product in Portugal. Portugal imports Soldering and Welding Machinery primarily from: Czechia ($1.65M), Italy ($735k), China ($627k), Austria ($573k), and Spain ($520k).

The fastest growing import markets in Soldering and Welding Machinery for Portugal between 2021 and 2022 were Czechia ($1.4M), Germany ($267k), and Japan ($91.5k).

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 Soldering and Welding 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)$2.01M
IMPORTS (2022)$5.35M
NET TRADE (2022)-$3.34M

In 2022, Portugal exported $2.01M in Soldering and Welding Machinery. The main destinations of Portugal exports on Soldering and Welding Machinery were Germany ($880k), Angola ($486k), Spain ($132k), Italy ($123k), and Mozambique ($78.9k).

In 2022, Portugal imported $5.35M in Soldering and Welding Machinery, mainly from Czechia ($1.65M), Italy ($735k), China ($627k), Austria ($573k), and Spain ($520k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$362k (69.7%)
Italy$120k (4.31k%)
Mozambique$52.9k (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Portugal WERE (2021 - 2022):
Spain-$256k (-66%)
Slovakia-$37.5k (-99.8%)
Russia-$31.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Portugal's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSpain+ $101k
TOP IMPORT POTENTIALChina+ $302k

Soldering and Welding Machinery’s highest export potential is Spain. With an export gap of $101k.   Soldering and Welding Machinery’s highest import potential is China with an import gap of $302k.

See methodology.

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