2022
Exports
$22.3MWorld Rnk 51 / 185
Flag Rnk 414 / 1216
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$186MWorld Rnk 54 / 222
Flag Rnk 133 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $22.3M in Large Construction Vehicles, making it the 51st largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 414th most exported product in Portugal. The main destination of Large Construction Vehicles exports from Portugal are: Angola ($5.53M), Spain ($3.44M), France ($2.41M), Egypt ($1.28M), and Netherlands ($1.19M).

The fastest growing export markets for Large Construction Vehicles of Portugal between 2021 and 2022 were Angola ($1.74M), Brazil ($743k), and Sao Tome and Principe ($601k).

Imports In 2022, Portugal imported $186M in Large Construction Vehicles, becoming the 54th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 133rd most imported product in Portugal. Portugal imports Large Construction Vehicles primarily from: Spain ($33.8M), Belgium ($28.4M), Netherlands ($25.6M), France ($18.9M), and United Kingdom ($17.2M).

The fastest growing import markets in Large Construction Vehicles for Portugal between 2021 and 2022 were China ($3.01M), Turkey ($893k), and France ($498k).

COMPANIES In 2023, leading companies such as John Deere (44), CNH Industrial (17), and Home Depot (9) were at the forefront of shipping Large Construction Vehicles 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 Large Construction Vehicles. 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)$22.3M
IMPORTS (2022)$186M
NET TRADE (2022)-$164M

In 2022, Portugal exported $22.3M in Large Construction Vehicles. The main destinations of Portugal exports on Large Construction Vehicles were Angola ($5.53M), Spain ($3.44M), France ($2.41M), Egypt ($1.28M), and Netherlands ($1.19M).

In 2022, Portugal imported $186M in Large Construction Vehicles, mainly from Spain ($33.8M), Belgium ($28.4M), Netherlands ($25.6M), France ($18.9M), and United Kingdom ($17.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$1.74M (45.9%)
Brazil$743k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Portugal WERE (2021 - 2022):
Spain-$1.46M (-29.7%)
Morocco-$974k (-79.6%)
Slovakia-$436k (-89.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Large Construction Vehicles were:
In 2022, Portugal's main importing competitors in Large Construction Vehicles were:

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Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.23M
TOP IMPORT POTENTIALChina+ $7.49M

Large Construction Vehicles’s highest export potential is Spain. With an export gap of $2.23M.   Large Construction Vehicles’s highest import potential is China with an import gap of $7.49M.

See methodology.

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