2022
Exports
$1.16MWorld Rnk 54 / 122
Flag Rnk 900 / 1216
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$3.35MWorld Rnk 77 / 191
Flag Rnk 923 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.16M in Steam Turbines, making it the 54th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 900th most exported product in Portugal. The main destination of Steam Turbines exports from Portugal are: United Kingdom ($427k), Germany ($256k), Angola ($106k), United States ($85.3k), and South Africa ($61.1k).

The fastest growing export markets for Steam Turbines of Portugal between 2021 and 2022 were United Kingdom ($427k), Germany ($223k), and Angola ($91.4k).

Imports In 2022, Portugal imported $3.35M in Steam Turbines, becoming the 77th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 923rd most imported product in Portugal. Portugal imports Steam Turbines primarily from: India ($2M), Germany ($292k), France ($245k), United Kingdom ($227k), and Spain ($211k).

The fastest growing import markets in Steam Turbines for Portugal between 2021 and 2022 were India ($1.99M), Germany ($112k), and France ($110k).

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 Steam Turbines. 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)$1.16M
IMPORTS (2022)$3.35M
NET TRADE (2022)-$2.19M

In 2022, Portugal exported $1.16M in Steam Turbines. The main destinations of Portugal exports on Steam Turbines were United Kingdom ($427k), Germany ($256k), Angola ($106k), United States ($85.3k), and South Africa ($61.1k).

In 2022, Portugal imported $3.35M in Steam Turbines, mainly from India ($2M), Germany ($292k), France ($245k), United Kingdom ($227k), and Spain ($211k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$427k (1%)
Germany$223k (674%)
Angola$91.4k (627%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Portugal WERE (2021 - 2022):
Turkey-$603k (-100%)
Norway-$343k (-100%)
France-$198k (-99.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $170k
TOP IMPORT POTENTIALGermany+ $257k

Steam Turbines’s highest export potential is Germany. With an export gap of $170k.   Steam Turbines’s highest import potential is Germany with an import gap of $257k.

See methodology.

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