2022
Exports
$44.3MWorld Rnk 39 / 199
Flag Rnk 293 / 1216
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$107MWorld Rnk 34 / 220
Flag Rnk 217 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $44.3M in Metalworking Machine Parts, making it the 39th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 293rd most exported product in Portugal. The main destination of Metalworking Machine Parts exports from Portugal are: France ($10.6M), Spain ($8.26M), Germany ($5.02M), Switzerland ($3.04M), and Mexico ($2.57M).

The fastest growing export markets for Metalworking Machine Parts of Portugal between 2021 and 2022 were France ($3.32M), Spain ($1.09M), and Slovakia ($869k).

Imports In 2022, Portugal imported $107M in Metalworking Machine Parts, becoming the 34th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 217th most imported product in Portugal. Portugal imports Metalworking Machine Parts primarily from: Spain ($43.3M), Italy ($24.5M), Germany ($15.8M), France ($3.54M), and Switzerland ($2.34M).

The fastest growing import markets in Metalworking Machine Parts for Portugal between 2021 and 2022 were Italy ($4.03M), Poland ($846k), and Vietnam ($710k).

COMPANIES In 2023, leading companies such as IKEA Group (42), Yaheetech (2), and Home Depot (2) were at the forefront of shipping Metalworking Machine Parts 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 Metalworking Machine Parts. 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)$44.3M
IMPORTS (2022)$107M
NET TRADE (2022)-$62.4M

In 2022, Portugal exported $44.3M in Metalworking Machine Parts. The main destinations of Portugal exports on Metalworking Machine Parts were France ($10.6M), Spain ($8.26M), Germany ($5.02M), Switzerland ($3.04M), and Mexico ($2.57M).

In 2022, Portugal imported $107M in Metalworking Machine Parts, mainly from Spain ($43.3M), Italy ($24.5M), Germany ($15.8M), France ($3.54M), and Switzerland ($2.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$3.32M (45.6%)
Spain$1.09M (15.3%)
Slovakia$869k (461%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Portugal WERE (2021 - 2022):
Germany-$1.21M (-19.4%)
Morocco-$883k (-68.5%)
Brazil-$223k (-45.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Metalworking Machine Parts were:
In 2022, Portugal's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.96M
TOP IMPORT POTENTIALGermany+ $5.22M

Metalworking Machine Parts’s highest export potential is Germany. With an export gap of $3.96M.   Metalworking Machine Parts’s highest import potential is Germany with an import gap of $5.22M.

See methodology.

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