2022
Exports
$30.1MWorld Rnk 21 / 185
Flag Rnk 362 / 1216
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$32.7MWorld Rnk 37 / 218
Flag Rnk 450 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $30.1M in Knit Gloves, making it the 21st largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 362nd most exported product in Portugal. The main destination of Knit Gloves exports from Portugal are: Belgium ($14.5M), United States ($4.65M), Spain ($2.41M), Mexico ($1.73M), and Turkey ($1.09M).

The fastest growing export markets for Knit Gloves of Portugal between 2021 and 2022 were Belgium ($1.46M), Turkey ($906k), and Colombia ($674k).

Imports In 2018, Portugal imported $32.7M in Knit Gloves, becoming the 37th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 450th most imported product in Portugal. Portugal imports Knit Gloves primarily from: Sri Lanka ($11.2M), China ($6.52M), Spain ($5.79M), Belgium ($2.28M), and France ($1.81M).

The fastest growing import markets in Knit Gloves for Portugal between 2021 and 2022 were Sri Lanka ($3.31M), Spain ($678k), and China ($532k).

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 Knit Gloves. 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)$30.1M
IMPORTS (2022)$32.7M
NET TRADE (2022)-$2.62M

In 2022, Portugal exported $30.1M in Knit Gloves. The main destinations of Portugal exports on Knit Gloves were Belgium ($14.5M), United States ($4.65M), Spain ($2.41M), Mexico ($1.73M), and Turkey ($1.09M).

In 2022, Portugal imported $32.7M in Knit Gloves, mainly from Sri Lanka ($11.2M), China ($6.52M), Spain ($5.79M), Belgium ($2.28M), and France ($1.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Belgium$1.46M (11.2%)
Turkey$906k (505%)
Colombia$674k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Portugal WERE (2021 - 2022):
Spain-$1.67M (-40.9%)
Austria-$1.44M (-99.9%)
Germany-$478k (-50.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.65M
TOP IMPORT POTENTIALChina+ $2.75M

Knit Gloves’s highest export potential is United States. With an export gap of $2.65M.   Knit Gloves’s highest import potential is China with an import gap of $2.75M.

See methodology.

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