2022
Exports
$118MWorld Rnk 22 / 156
Flag Rnk 145 / 1216
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$104MWorld Rnk 31 / 216
Flag Rnk 222 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $118M in Iron Wire, making it the 22nd largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 145th most exported product in Portugal. The main destination of Iron Wire exports from Portugal are: Spain ($45.7M), Germany ($10.2M), United Kingdom ($9.32M), Poland ($8.53M), and France ($7.7M).

The fastest growing export markets for Iron Wire of Portugal between 2021 and 2022 were Mexico ($5.3M), Spain ($4.97M), and United Kingdom ($2.19M).

Imports In 2022, Portugal imported $104M in Iron Wire, becoming the 31st largest importer of Iron Wire in the world. At the same year, Iron Wire was the 222nd most imported product in Portugal. Portugal imports Iron Wire primarily from: Poland ($25M), Spain ($24.5M), Turkey ($10.3M), China ($8.25M), and Slovakia ($6.08M).

The fastest growing import markets in Iron Wire for Portugal between 2021 and 2022 were Poland ($8.1M), Spain ($4.09M), and China ($1.97M).

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 Iron Wire. 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)$118M
IMPORTS (2022)$104M
NET TRADE (2022)$13.7M

In 2022, Portugal exported $118M in Iron Wire. The main destinations of Portugal exports on Iron Wire were Spain ($45.7M), Germany ($10.2M), United Kingdom ($9.32M), Poland ($8.53M), and France ($7.7M).

In 2022, Portugal imported $104M in Iron Wire, mainly from Poland ($25M), Spain ($24.5M), Turkey ($10.3M), China ($8.25M), and Slovakia ($6.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Mexico$5.3M (513%)
Spain$4.97M (12.2%)
United Kingdom$2.19M (30.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Portugal WERE (2021 - 2022):
Brazil-$2.76M (-92%)
Chile-$2M (-54%)
South Africa-$1.15M (-52.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.69M
TOP IMPORT POTENTIALChina+ $5.42M

Iron Wire’s highest export potential is Germany. With an export gap of $3.69M.   Iron Wire’s highest import potential is China with an import gap of $5.42M.

See methodology.

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