2022
Exports
$11.8MWorld Rnk 37 / 174
Flag Rnk 528 / 1216
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$76.8MWorld Rnk 30 / 218
Flag Rnk 280 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $11.8M in Woodworking machines, making it the 37th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 528th most exported product in Portugal. The main destination of Woodworking machines exports from Portugal are: Spain ($3.74M), Germany ($1.27M), Angola ($1.25M), France ($913k), and Netherlands ($680k).

The fastest growing export markets for Woodworking machines of Portugal between 2021 and 2022 were Germany ($664k), Netherlands ($581k), and Turkey ($284k).

Imports In 2022, Portugal imported $76.8M in Woodworking machines, becoming the 30th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 280th most imported product in Portugal. Portugal imports Woodworking machines primarily from: Italy ($26.8M), Germany ($21.5M), Spain ($12.9M), China ($3.32M), and Austria ($3.08M).

The fastest growing import markets in Woodworking machines for Portugal between 2021 and 2022 were Germany ($2.59M), Italy ($1.44M), and Austria ($840k).

COMPANIES In 2023, leading companies such as Continental Tire (7) and Home Depot (3) were at the forefront of shipping Woodworking machines 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 Woodworking machines. 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)$11.8M
IMPORTS (2022)$76.8M
NET TRADE (2022)-$65M

In 2022, Portugal exported $11.8M in Woodworking machines. The main destinations of Portugal exports on Woodworking machines were Spain ($3.74M), Germany ($1.27M), Angola ($1.25M), France ($913k), and Netherlands ($680k).

In 2022, Portugal imported $76.8M in Woodworking machines, mainly from Italy ($26.8M), Germany ($21.5M), Spain ($12.9M), China ($3.32M), and Austria ($3.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$664k (110%)
Netherlands$581k (588%)
Turkey$284k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Portugal WERE (2021 - 2022):
France-$665k (-42.1%)
Italy-$584k (-55.9%)
Spain-$455k (-10.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Portugal's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $869k
TOP IMPORT POTENTIALChina+ $3.5M

Woodworking machines’s highest export potential is Germany. With an export gap of $869k.   Woodworking machines’s highest import potential is China with an import gap of $3.5M.

See methodology.

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