2022
Exports
$340MWorld Rnk 7 / 188
Flag Rnk 48 / 1216
2022
PRODUCT COMPLEXITY IN Bicycles, delivery tricycles, other cycles
-0.12Rnk 590 / 1025
2022
Imports
$42.3MWorld Rnk 38 / 221
Flag Rnk 403 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $340M in Bicycles, delivery tricycles, other cycles, making it the 7th largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 48th most exported product in Portugal. The main destination of Bicycles, delivery tricycles, other cycles exports from Portugal are: Germany ($101M), France ($78.6M), Spain ($68.4M), Italy ($18.7M), and United Kingdom ($13.5M).

The fastest growing export markets for Bicycles, delivery tricycles, other cycles of Portugal between 2021 and 2022 were Germany ($25.7M), France ($13.2M), and Mauritius ($2.14M).

Imports In 2022, Portugal imported $42.3M in Bicycles, delivery tricycles, other cycles, becoming the 38th largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 403rd most imported product in Portugal. Portugal imports Bicycles, delivery tricycles, other cycles primarily from: Spain ($15.3M), Italy ($5.81M), Germany ($5.49M), Belgium ($3.91M), and Romania ($2.77M).

The fastest growing import markets in Bicycles, delivery tricycles, other cycles for Portugal between 2021 and 2022 were Germany ($1.65M), Cambodia ($1.29M), and Belgium ($1.01M).

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 Bicycles, delivery tricycles, other cycles. 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)$340M
IMPORTS (2022)$42.3M
NET TRADE (2022)$297M

In 2022, Portugal exported $340M in Bicycles, delivery tricycles, other cycles. The main destinations of Portugal exports on Bicycles, delivery tricycles, other cycles were Germany ($101M), France ($78.6M), Spain ($68.4M), Italy ($18.7M), and United Kingdom ($13.5M).

In 2022, Portugal imported $42.3M in Bicycles, delivery tricycles, other cycles, mainly from Spain ($15.3M), Italy ($5.81M), Germany ($5.49M), Belgium ($3.91M), and Romania ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bicycles, delivery tricycles, other cycles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$25.7M (34.3%)
France$13.2M (20.2%)
Mauritius$2.14M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bicycles, delivery tricycles, other cycles BY Portugal WERE (2021 - 2022):
Spain-$34.7M (-33.6%)
Italy-$3.31M (-15%)
United Kingdom-$3.18M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Bicycles, delivery tricycles, other cycles were:
In 2022, Portugal's main importing competitors in Bicycles, delivery tricycles, other cycles were:

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Trade Value of Bicycles, delivery tricycles, other cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.27M
TOP IMPORT POTENTIALGermany+ $1.32M

Bicycles, delivery tricycles, other cycles’s highest export potential is United Kingdom. With an export gap of $4.27M.   Bicycles, delivery tricycles, other cycles’s highest import potential is Germany with an import gap of $1.32M.

See methodology.

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