2022
Exports
$79.6MWorld Rnk 32 / 209
Flag Rnk 210 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$73.9MWorld Rnk 39 / 223
Flag Rnk 286 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $79.6M in Electrical Ignitions, making it the 32nd largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 210th most exported product in Portugal. The main destination of Electrical Ignitions exports from Portugal are: Germany ($20.3M), Czechia ($11M), Spain ($10.4M), United States ($7.74M), and Hungary ($5.97M).

The fastest growing export markets for Electrical Ignitions of Portugal between 2021 and 2022 were Hungary ($4.35M), Japan ($936k), and Czechia ($503k).

Imports In 2022, Portugal imported $73.9M in Electrical Ignitions, becoming the 39th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 286th most imported product in Portugal. Portugal imports Electrical Ignitions primarily from: France ($19.3M), Spain ($19M), Hungary ($10M), Germany ($7.99M), and Italy ($4.48M).

The fastest growing import markets in Electrical Ignitions for Portugal between 2021 and 2022 were Hungary ($2.42M), Spain ($2.06M), and Italy ($1.07M).

COMPANIES In 2023, leading companies such as TE Connectivity (4) were at the forefront of shipping Electrical Ignitions 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 Electrical Ignitions. 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)$79.6M
IMPORTS (2022)$73.9M
NET TRADE (2022)$5.75M

In 2022, Portugal exported $79.6M in Electrical Ignitions. The main destinations of Portugal exports on Electrical Ignitions were Germany ($20.3M), Czechia ($11M), Spain ($10.4M), United States ($7.74M), and Hungary ($5.97M).

In 2022, Portugal imported $73.9M in Electrical Ignitions, mainly from France ($19.3M), Spain ($19M), Hungary ($10M), Germany ($7.99M), and Italy ($4.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Hungary$4.35M (268%)
Japan$936k (44.5%)
Czechia$503k (4.79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY Portugal WERE (2021 - 2022):
Germany-$23.7M (-53.9%)
Mexico-$910k (-82.4%)
Vietnam-$822k (-69.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Electrical Ignitions were:
In 2022, Portugal's main importing competitors in Electrical Ignitions were:

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.77M
TOP IMPORT POTENTIALGermany+ $3.14M

Electrical Ignitions’s highest export potential is United States. With an export gap of $7.77M.   Electrical Ignitions’s highest import potential is Germany with an import gap of $3.14M.

See methodology.

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