2022
Exports
$535MWorld Rnk 27 / 219
Flag Rnk 30 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2022
Imports
$290MWorld Rnk 43 / 224
Flag Rnk 81 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $535M in Electrical Control Boards, making it the 27th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 30th most exported product in Portugal. The main destination of Electrical Control Boards exports from Portugal are: Germany ($314M), United States ($38.3M), Spain ($33.6M), Hungary ($25.7M), and Angola ($17.5M).

The fastest growing export markets for Electrical Control Boards of Portugal between 2021 and 2022 were United States ($13M), South Africa ($4.42M), and Belgium ($2.85M).

Imports In 2022, Portugal imported $290M in Electrical Control Boards, becoming the 43rd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 81st most imported product in Portugal. Portugal imports Electrical Control Boards primarily from: Germany ($69.1M), Spain ($37.7M), Czechia ($34.3M), China ($21.9M), and Malaysia ($21.7M).

The fastest growing import markets in Electrical Control Boards for Portugal between 2021 and 2022 were Czechia ($27M), China ($7.87M), and Spain ($5.62M).

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 Electrical Control Boards. 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)$535M
IMPORTS (2022)$290M
NET TRADE (2022)$244M

In 2022, Portugal exported $535M in Electrical Control Boards. The main destinations of Portugal exports on Electrical Control Boards were Germany ($314M), United States ($38.3M), Spain ($33.6M), Hungary ($25.7M), and Angola ($17.5M).

In 2022, Portugal imported $290M in Electrical Control Boards, mainly from Germany ($69.1M), Spain ($37.7M), Czechia ($34.3M), China ($21.9M), and Malaysia ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$13M (51.6%)
South Africa$4.42M (267%)
Belgium$2.85M (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Portugal WERE (2021 - 2022):
Germany-$18.8M (-5.65%)
United Kingdom-$14.2M (-49.1%)
Poland-$4.1M (-83.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Portugal's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.6M
TOP IMPORT POTENTIALChina+ $17.8M

Electrical Control Boards’s highest export potential is United States. With an export gap of $45.6M.   Electrical Control Boards’s highest import potential is China with an import gap of $17.8M.

See methodology.

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