2022
Exports
$83.9MWorld Rnk 35 / 170
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$71.2MWorld Rnk 40 / 206
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $83.9M in Weapons, making it the 35th largest exporter of Weapons in the world. At the same year, Weapons was the 75th most exported product in Portugal. The main destination of Weapons exports from Portugal are: United States ($47.6M), Belgium ($20.7M), Canada ($3.99M), Spain ($3.53M), and Central African Republic ($888k).

The fastest growing export markets for Weapons of Portugal between 2021 and 2022 were United States ($2.8M), Belgium ($2.72M), and Central African Republic ($888k).

Imports In 2022, Portugal imported $71.2M in Weapons, becoming the 40th largest importer of Weapons in the world. At the same year, Weapons was the 79th most imported product in Portugal. Portugal imports Weapons primarily from: Luxembourg ($19.7M), Belgium ($11.2M), Spain ($8.33M), Italy ($8.14M), and France ($5.62M).

The fastest growing import markets in Weapons for Portugal between 2021 and 2022 were Luxembourg ($19.4M), Spain ($1.42M), and Italy ($1.2M).

COMPANIES In 2023, leading companies such as IKEA Group (650) and Porsche (4) were at the forefront of shipping Weapons from Portugal to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-6.07M(-49.8%)
IMPORT GROWTH (June 2023 - June 2024)€-1.32M(-28.2%)
MAIN DESTINATION (June 2024)United States€4.76M

This section shows Weapons'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 Weapons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$83.9M
IMPORTS (2022)$71.2M
NET TRADE (2022)$12.7M

In 2022, Portugal exported $83.9M in Weapons. The main destinations of Portugal exports on Weapons were United States ($47.6M), Belgium ($20.7M), Canada ($3.99M), Spain ($3.53M), and Central African Republic ($888k).

In 2022, Portugal imported $71.2M in Weapons, mainly from Luxembourg ($19.7M), Belgium ($11.2M), Spain ($8.33M), Italy ($8.14M), and France ($5.62M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$2.8M (6.27%)
Belgium$2.72M (15.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Portugal WERE (2021 - 2022):
Mozambique-$6.59M (-98.1%)
Spain-$2.1M (-37.3%)
Brazil-$428k (-58.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.96M
TOP IMPORT POTENTIALSpain+ $2.22M

Weapons’s highest export potential is Spain. With an export gap of $1.96M.   Weapons’s highest import potential is Spain with an import gap of $2.22M.

See methodology.

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