2022
Exports
$3.49MWorld Rnk 30 / 160
Flag Rnk 732 / 1216
falsefalse China
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$10.9MWorld Rnk 36 / 212
Flag Rnk 714 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $3.49M in Metalworking Machines, making it the 30th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 732nd most exported product in Portugal. The main destination of Metalworking Machines exports from Portugal are: China ($683k), Chile ($656k), Angola ($420k), United Arab Emirates ($343k), and United States ($284k).

Imports In 2022, Portugal imported $10.9M in Metalworking Machines, becoming the 36th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 714th most imported product in Portugal. Portugal imports Metalworking Machines primarily from: Italy ($3.76M), Germany ($1.95M), Spain ($1.3M), Switzerland ($1.09M), and Czechia ($648k).

The fastest growing import markets in Metalworking Machines for Portugal between 2021 and 2022 were Switzerland ($1.01M), Spain ($372k), and Czechia ($202k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Machines. 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)$3.49M
IMPORTS (2022)$10.9M
NET TRADE (2022)-$7.42M

In 2022, Portugal exported $3.49M in Metalworking Machines. The main destinations of Portugal exports on Metalworking Machines were China ($683k), Chile ($656k), Angola ($420k), United Arab Emirates ($343k), and United States ($284k).

In 2022, Portugal imported $10.9M in Metalworking Machines, mainly from Italy ($3.76M), Germany ($1.95M), Spain ($1.3M), Switzerland ($1.09M), and Czechia ($648k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Portugal's main exporting competitors in Metalworking Machines were:
In 2022, Portugal's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $444k
TOP IMPORT POTENTIALGermany+ $532k

Metalworking Machines’s highest export potential is China. With an export gap of $444k.   Metalworking Machines’s highest import potential is Germany with an import gap of $532k.

See methodology.

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