2022
Exports
$6.32MWorld Rnk 53 / 144
Flag Rnk 640 / 1216
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$18.8MWorld Rnk 40 / 182
Flag Rnk 583 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $6.32M in Silver, making it the 53rd largest exporter of Silver in the world. At the same year, Silver was the 640th most exported product in Portugal. The main destination of Silver exports from Portugal are: Spain ($2.05M), Germany ($1.4M), Italy ($1.23M), France ($587k), and Netherlands ($276k).

The fastest growing export markets for Silver of Portugal between 2021 and 2022 were Germany ($632k), Italy ($621k), and Spain ($513k).

Imports In 2022, Portugal imported $18.8M in Silver, becoming the 40th largest importer of Silver in the world. At the same year, Silver was the 583rd most imported product in Portugal. Portugal imports Silver primarily from: Germany ($9.91M), Spain ($3.22M), United States ($2.22M), Italy ($1.58M), and Hungary ($598k).

The fastest growing import markets in Silver for Portugal between 2021 and 2022 were United States ($2.21M), Italy ($450k), and France ($151k).

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 Silver. 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)$6.32M
IMPORTS (2022)$18.8M
NET TRADE (2022)-$12.4M

In 2022, Portugal exported $6.32M in Silver. The main destinations of Portugal exports on Silver were Spain ($2.05M), Germany ($1.4M), Italy ($1.23M), France ($587k), and Netherlands ($276k).

In 2022, Portugal imported $18.8M in Silver, mainly from Germany ($9.91M), Spain ($3.22M), United States ($2.22M), Italy ($1.58M), and Hungary ($598k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$632k (82.8%)
Italy$621k (102%)
Spain$513k (33.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Portugal WERE (2021 - 2022):
Hong Kong-$41.4k (-100%)
Turkey-$24.8k (-93.6%)
Denmark-$14.1k (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.09M
TOP IMPORT POTENTIALSpain+ $1.67M

Silver’s highest export potential is Germany. With an export gap of $1.09M.   Silver’s highest import potential is Spain with an import gap of $1.67M.

See methodology.

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