2022
Exports
$316MWorld Rnk 26 / 221
Flag Rnk 55 / 1216
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$279MWorld Rnk 33 / 225
Flag Rnk 89 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $316M in Non-Knit Men's Suits, making it the 26th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 55th most exported product in Portugal. The main destination of Non-Knit Men's Suits exports from Portugal are: Spain ($83.7M), France ($56.6M), Netherlands ($29.8M), United Kingdom ($24.4M), and Germany ($22.1M).

The fastest growing export markets for Non-Knit Men's Suits of Portugal between 2021 and 2022 were Netherlands ($18.7M), France ($10.4M), and United States ($8.41M).

Imports In 2022, Portugal imported $279M in Non-Knit Men's Suits, becoming the 33rd largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 89th most imported product in Portugal. Portugal imports Non-Knit Men's Suits primarily from: Spain ($124M), France ($19.9M), Germany ($18.5M), Italy ($16.1M), and Bangladesh ($15.7M).

The fastest growing import markets in Non-Knit Men's Suits for Portugal between 2021 and 2022 were Spain ($19.1M), China ($6.89M), and Bangladesh ($5.73M).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Non-Knit Men's Suits 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 Non-Knit Men's Suits. 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)$316M
IMPORTS (2022)$279M
NET TRADE (2022)$37.7M

In 2022, Portugal exported $316M in Non-Knit Men's Suits. The main destinations of Portugal exports on Non-Knit Men's Suits were Spain ($83.7M), France ($56.6M), Netherlands ($29.8M), United Kingdom ($24.4M), and Germany ($22.1M).

In 2022, Portugal imported $279M in Non-Knit Men's Suits, mainly from Spain ($124M), France ($19.9M), Germany ($18.5M), Italy ($16.1M), and Bangladesh ($15.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Netherlands$18.7M (169%)
France$10.4M (22.4%)
United States$8.41M (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Portugal WERE (2021 - 2022):
Qatar-$1.16M (-66.5%)
Austria-$758k (-38.8%)
Russia-$328k (-65.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Portugal's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.2M
TOP IMPORT POTENTIALBangladesh+ $15.9M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $22.2M.   Non-Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $15.9M.

See methodology.

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