2022
Exports
$373MWorld Rnk 19 / 210
Flag Rnk 41 / 96
2022
PRODUCT COMPLEXITY IN Wadding, felt, nonwovens, twin, ropes, & articles thereof
0.79Rnk 248 / 1025
2022
Imports
$159MWorld Rnk 46 / 223
Flag Rnk 69 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $373M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, making it the 19th largest exporter of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 41st most exported product in Portugal. The main destination of Wadding, felt, nonwovens, twin, ropes, & articles thereof exports from Portugal are: Spain ($50.3M), France ($49M), United States ($48.2M), United Kingdom ($29.4M), and Netherlands ($24.2M).

The fastest growing export markets for Wadding, felt, nonwovens, twin, ropes, & articles thereof of Portugal between 2021 and 2022 were France ($5.51M), United Kingdom ($4.2M), and Trinidad and Tobago ($4.07M).

Imports In 2022, Portugal imported $159M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, becoming the 46th largest importer of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 69th most imported product in Portugal. Portugal imports Wadding, felt, nonwovens, twin, ropes, & articles thereof primarily from: Spain ($43.6M), Italy ($34.3M), Germany ($19.9M), Turkey ($13.5M), and China ($9.94M).

The fastest growing import markets in Wadding, felt, nonwovens, twin, ropes, & articles thereof for Portugal between 2021 and 2022 were Belgium ($1.56M), Poland ($1.36M), and United Kingdom ($936k).

COMPANIES In 2023, leading companies such as AGCO (11), Walgreens (8), and Continental Tire (2) were at the forefront of shipping Wadding, felt, nonwovens, twin, ropes, & articles thereof from Portugal to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€4.36M(15.7%)
IMPORT GROWTH (June 2023 - June 2024)€122k(1.17%)
MAIN DESTINATION (June 2024)Cote d'Ivoire€6.11M

This section shows Wadding, felt, nonwovens, twin, ropes, & articles thereof's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Wadding, felt, nonwovens, twin, ropes, & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$373M
IMPORTS (2022)$159M
NET TRADE (2022)$214M

In 2022, Portugal exported $373M in Wadding, felt, nonwovens, twin, ropes, & articles thereof. The main destinations of Portugal exports on Wadding, felt, nonwovens, twin, ropes, & articles thereof were Spain ($50.3M), France ($49M), United States ($48.2M), United Kingdom ($29.4M), and Netherlands ($24.2M).

In 2022, Portugal imported $159M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, mainly from Spain ($43.6M), Italy ($34.3M), Germany ($19.9M), Turkey ($13.5M), and China ($9.94M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wadding, felt, nonwovens, twin, ropes, & articles thereof EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
France$5.51M (12.7%)
United Kingdom$4.2M (16.7%)
Trinidad and Tobago$4.07M (780%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wadding, felt, nonwovens, twin, ropes, & articles thereof BY Portugal WERE (2021 - 2022):
Azerbaijan-$5.58M (-94.9%)
Spain-$5.51M (-9.87%)
United States-$4.88M (-9.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:
In 2022, Portugal's main importing competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:

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Trade Value of Wadding, felt, nonwovens, twin, ropes, & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $4.53M
TOP IMPORT POTENTIALChina+ $7.91M

Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest export potential is Spain. With an export gap of $4.53M.   Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest import potential is China with an import gap of $7.91M.

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