2022
Exports
$79.9MWorld Rnk 40 / 218
Flag Rnk 208 / 1216
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$185MWorld Rnk 44 / 225
Flag Rnk 135 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $79.9M in Electrical Power Accessories, making it the 40th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 208th most exported product in Portugal. The main destination of Electrical Power Accessories exports from Portugal are: Spain ($23.7M), United States ($12.5M), Germany ($6.53M), Bulgaria ($4.61M), and Hungary ($4.38M).

The fastest growing export markets for Electrical Power Accessories of Portugal between 2021 and 2022 were Spain ($8.34M), United States ($4.44M), and Hungary ($3.92M).

Imports In 2022, Portugal imported $185M in Electrical Power Accessories, becoming the 44th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 135th most imported product in Portugal. Portugal imports Electrical Power Accessories primarily from: Germany ($73.3M), Spain ($29.2M), Italy ($24.9M), France ($9.86M), and Czechia ($7.76M).

The fastest growing import markets in Electrical Power Accessories for Portugal between 2021 and 2022 were Italy ($5.73M), Czechia ($2.38M), and Malaysia ($1.05M).

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 Power Accessories. 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)$79.9M
IMPORTS (2022)$185M
NET TRADE (2022)-$105M

In 2022, Portugal exported $79.9M in Electrical Power Accessories. The main destinations of Portugal exports on Electrical Power Accessories were Spain ($23.7M), United States ($12.5M), Germany ($6.53M), Bulgaria ($4.61M), and Hungary ($4.38M).

In 2022, Portugal imported $185M in Electrical Power Accessories, mainly from Germany ($73.3M), Spain ($29.2M), Italy ($24.9M), France ($9.86M), and Czechia ($7.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$8.34M (54.3%)
United States$4.44M (55.2%)
Hungary$3.92M (867%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Portugal WERE (2021 - 2022):
Bulgaria-$1.14M (-19.8%)
France-$1.1M (-37.5%)
Colombia-$632k (-88.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.76M
TOP IMPORT POTENTIALChina+ $6.66M

Electrical Power Accessories’s highest export potential is United States. With an export gap of $9.76M.   Electrical Power Accessories’s highest import potential is China with an import gap of $6.66M.

See methodology.

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