2022
Exports
$35.3MWorld Rnk 22 / 123
Flag Rnk 324 / 1216
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$49.7MWorld Rnk 32 / 197
Flag Rnk 368 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $35.3M in Petroleum Resins, making it the 22nd largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 324th most exported product in Portugal. The main destination of Petroleum Resins exports from Portugal are: Spain ($19.2M), France ($4.26M), Italy ($3.23M), Ireland ($2.58M), and Germany ($1.42M).

The fastest growing export markets for Petroleum Resins of Portugal between 2021 and 2022 were Spain ($3.04M), France ($2.03M), and Sweden ($603k).

Imports In 2022, Portugal imported $49.7M in Petroleum Resins, becoming the 32nd largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 368th most imported product in Portugal. Portugal imports Petroleum Resins primarily from: Germany ($10.4M), South Korea ($9.24M), France ($8.47M), Belgium ($5.54M), and Spain ($4.16M).

The fastest growing import markets in Petroleum Resins for Portugal between 2021 and 2022 were Belgium ($2.59M), China ($647k), and Estonia ($637k).

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 Petroleum Resins. 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)$35.3M
IMPORTS (2022)$49.7M
NET TRADE (2022)-$14.4M

In 2022, Portugal exported $35.3M in Petroleum Resins. The main destinations of Portugal exports on Petroleum Resins were Spain ($19.2M), France ($4.26M), Italy ($3.23M), Ireland ($2.58M), and Germany ($1.42M).

In 2022, Portugal imported $49.7M in Petroleum Resins, mainly from Germany ($10.4M), South Korea ($9.24M), France ($8.47M), Belgium ($5.54M), and Spain ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$3.04M (18.8%)
France$2.03M (91.1%)
Sweden$603k (3.93k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Portugal WERE (2021 - 2022):
Turkey-$590k (-71.4%)
Poland-$197k (-24.1%)
Croatia-$116k (-83.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Petroleum Resins were:
In 2022, Portugal's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.37M
TOP IMPORT POTENTIALChina+ $2.31M

Petroleum Resins’s highest export potential is Germany. With an export gap of $1.37M.   Petroleum Resins’s highest import potential is China with an import gap of $2.31M.

See methodology.

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