2022
Exports
$5.11MWorld Rnk 79 / 129
Flag Rnk 680 / 1216
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$39MWorld Rnk 55 / 172
Flag Rnk 415 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $5.11M in Ferroalloys, making it the 79th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 680th most exported product in Portugal. The main destination of Ferroalloys exports from Portugal are: Spain ($3.9M), Germany ($615k), Italy ($242k), France ($140k), and Morocco ($134k).

The fastest growing export markets for Ferroalloys of Portugal between 2021 and 2022 were Netherlands ($43.6k), Poland ($17k), and France ($11.8k).

Imports In 2022, Portugal imported $39M in Ferroalloys, becoming the 55th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 415th most imported product in Portugal. Portugal imports Ferroalloys primarily from: Spain ($18.8M), Gabon ($5.43M), Poland ($5.02M), Netherlands ($3.45M), and France ($2.76M).

The fastest growing import markets in Ferroalloys for Portugal between 2021 and 2022 were Gabon ($5.43M), Poland ($5.02M), and Netherlands ($1.09M).

COMPANIES In 2023, leading companies such as IKEA Group (7) were at the forefront of shipping Ferroalloys 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 Ferroalloys. 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)$5.11M
IMPORTS (2022)$39M
NET TRADE (2022)-$33.9M

In 2022, Portugal exported $5.11M in Ferroalloys. The main destinations of Portugal exports on Ferroalloys were Spain ($3.9M), Germany ($615k), Italy ($242k), France ($140k), and Morocco ($134k).

In 2022, Portugal imported $39M in Ferroalloys, mainly from Spain ($18.8M), Gabon ($5.43M), Poland ($5.02M), Netherlands ($3.45M), and France ($2.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$43.6k (2.87k%)
Poland$17k (1%)
France$11.8k (9.23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Portugal WERE (2021 - 2022):
Spain-$1.2M (-23.5%)
Germany-$88.9k (-12.6%)
Italy-$88.8k (-26.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.28M
TOP IMPORT POTENTIALNetherlands+ $1.47M

Ferroalloys’s highest export potential is Spain. With an export gap of $1.28M.   Ferroalloys’s highest import potential is Netherlands with an import gap of $1.47M.

See methodology.

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