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2022
Exports $6.23MWorld Rnk 31 / 104
Flag Rnk 644 / 1216
2022
Destination $158k Spain
2021 - 2022
FASTEST GROWING MARKET $158kLuxembourg
2022
PRODUCT COMPLEXITY IN Stainless Steel Ingots1.08Rnk 143 / 1025
2022
Imports $99.9MWorld Rnk 9 / 180
Flag Rnk 228 / 1216
2022
Origin $25.9M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $25.9MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $6.23M in Stainless Steel Ingots, making it the 31st largest exporter of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 644th most exported product in Portugal. The main destination of Stainless Steel Ingots exports from Portugal are: Spain ($4.56M), France ($616k), Belgium ($433k), Luxembourg ($159k), and Denmark ($145k).

The fastest growing export markets for Stainless Steel Ingots of Portugal between 2021 and 2022 were Luxembourg ($158k), Norway ($45.8k), and Poland ($21.7k).

Imports In 2022, Portugal imported $99.9M in Stainless Steel Ingots, becoming the 9th largest importer of Stainless Steel Ingots in the world. At the same year, Stainless Steel Ingots was the 228th most imported product in Portugal. Portugal imports Stainless Steel Ingots primarily from: United Kingdom ($66M), Sweden ($12M), Germany ($10.2M), France ($6.5M), and Chinese Taipei ($1.71M).

The fastest growing import markets in Stainless Steel Ingots for Portugal between 2021 and 2022 were United Kingdom ($25.9M), Germany ($4.62M), and Sweden ($4.18M).

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 Stainless Steel Ingots. 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)$6.23M
IMPORTS (2022)$99.9M
NET TRADE (2022)-$93.6M

In 2022, Portugal exported $6.23M in Stainless Steel Ingots. The main destinations of Portugal exports on Stainless Steel Ingots were Spain ($4.56M), France ($616k), Belgium ($433k), Luxembourg ($159k), and Denmark ($145k).

In 2022, Portugal imported $99.9M in Stainless Steel Ingots, mainly from United Kingdom ($66M), Sweden ($12M), Germany ($10.2M), France ($6.5M), and Chinese Taipei ($1.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Ingots EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Luxembourg$158k (11.6k%)
Norway$45.8k (1%)
Poland$21.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Ingots BY Portugal WERE (2021 - 2022):
Spain-$3.84M (-45.8%)
France-$2.13M (-77.6%)
United Kingdom-$907k (-99.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Stainless Steel Ingots were:
Indonesia $4.21B
United Kingdom $805M
Sweden $298M
In 2022, Portugal's main importing competitors in Stainless Steel Ingots were:
China $3.12B
India $641M
Sweden $541M

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Trade Value of Stainless Steel Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $462k
TOP IMPORT POTENTIALSpain+ $1.47M

Stainless Steel Ingots’s highest export potential is France. With an export gap of $462k.   Stainless Steel Ingots’s highest import potential is Spain with an import gap of $1.47M.

See methodology.

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