2022
Exports
$81.5MWorld Rnk 37 / 184
Flag Rnk 204 / 1216
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$150MWorld Rnk 48 / 219
Flag Rnk 160 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $81.5M in Lifting Machinery, making it the 37th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 204th most exported product in Portugal. The main destination of Lifting Machinery exports from Portugal are: United States ($11M), Mexico ($9.4M), United Kingdom ($7.25M), France ($7.23M), and Spain ($4.66M).

The fastest growing export markets for Lifting Machinery of Portugal between 2021 and 2022 were Mexico ($4.69M), Brazil ($3.26M), and United Kingdom ($2.09M).

Imports In 2022, Portugal imported $150M in Lifting Machinery, becoming the 48th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 160th most imported product in Portugal. Portugal imports Lifting Machinery primarily from: Spain ($56.2M), Germany ($19.1M), Italy ($16.7M), France ($11.6M), and Netherlands ($10.5M).

The fastest growing import markets in Lifting Machinery for Portugal between 2021 and 2022 were Finland ($5.88M), Spain ($5.85M), and Sweden ($2.4M).

COMPANIES In 2023, leading companies such as Steve Silver (4) were at the forefront of shipping Lifting Machinery 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 Lifting Machinery. 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)$81.5M
IMPORTS (2022)$150M
NET TRADE (2022)-$69M

In 2022, Portugal exported $81.5M in Lifting Machinery. The main destinations of Portugal exports on Lifting Machinery were United States ($11M), Mexico ($9.4M), United Kingdom ($7.25M), France ($7.23M), and Spain ($4.66M).

In 2022, Portugal imported $150M in Lifting Machinery, mainly from Spain ($56.2M), Germany ($19.1M), Italy ($16.7M), France ($11.6M), and Netherlands ($10.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Mexico$4.69M (99.6%)
Brazil$3.26M (454%)
United Kingdom$2.09M (40.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Portugal WERE (2021 - 2022):
Germany-$6.11M (-72.5%)
Vietnam-$3.79M (-99.7%)
Chinese Taipei-$3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Portugal's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.61M
TOP IMPORT POTENTIALGermany+ $7.86M

Lifting Machinery’s highest export potential is United States. With an export gap of $7.61M.   Lifting Machinery’s highest import potential is Germany with an import gap of $7.86M.

See methodology.

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