Portugal Imports and Exports - International Platform | Tendata

tendata blogTrade Data

ten data blog17-11-2023

portugal imports,portugal exports,portugal imports and exports



Imports

Portugal, located on the southwestern coastline of Europe, will import products worth $115 billion by 2022. This is a 16.9% increase from $98.3 billion in the same period in 2021.



Portugal's Best International Trade Suppliers

The latest country-specific data shows that Portugal's imports are mainly supplied by exporters from: Spain (35.6% of Portugal's total), Germany (7.5%), France (5.2%), mainland China (5.1%) , the Netherlands (4%), Italy (2.8%), Brazil (2.7%), the United States (2.2%), Belgium (2.2%), Nigeria (1.8%), Poland (1.7%) and Turkey (1.3%).



Portugal's Top 10 Imports

1. Fossil fuels including oil: $19.2 billion (16.7% of total imports)

2. Electrical machinery and equipment: $11 billion (9.6%)

3. Vehicles: $10.8 billion (9.4%)

4. Machinery including computers: $8.4 billion (7.3%)

5. Plastics, plastic products: $5.5 billion (4.8%)

6. Iron and steel: $4.3 billion (3.8%)

7. Pharmaceuticals: $3.7 billion (3.3%)

8. Organic chemicals: $2.8 billion (2.4%)

9. Fish: $2.4 billion (2.1%)

10. Other chemicals: $2.2 billion (1.9%)


Portugal's top 10 imports accounted for more than three-fifths (61.2%) of the total value of imports purchased from other countries.


The fastest-growing major product categories were imports of fossil fuels, including petroleum (up 70.5% from 2022), electrical machinery and equipment (up 16.4%), vehicles (up 15.1%) and fish (up 11.5%).

The worst year-on-year decline was a -5.7% drop in Portugal's miscellaneous chemicals imports.




Exports

Portugal shipped $82.4 billion worth of products to the world in 2022. The total value of Portugal's exported goods increased by 9.5% from $75.2 billion in 2021.


Portugal's five most valuable exports are refined petroleum, automobiles, automotive parts or accessories, uncoated paper for writing or printing, and leather shoes.



Portugal's Best Export Customers

The latest country-specific data shows that Portugal's exports were mainly purchased by importers from Spain (26.1% of Portugal's total), France (12.4%), Germany (10.9%), the United States (6.5%), the United Kingdom (4.9%), Italy (4.5%), the Netherlands (4%), Belgium (2.4%), Angola (1.8%), Poland (1.4%), Sweden (1.4%), the Netherlands (4%), the United States (1.4%), the United States (1.4%), the United States (1.4%) and the United States (1.4%). (1.4%), Sweden (1.3%) and Brazil (1.2%).



Portugal's Top 10 Exports

1. Automobiles: $9.7 billion (11.8% of total exports)

2. Fossil fuels including oil: $7 billion (8.6%)

3. Electrical machinery and equipment: $6.6 billion (8%)

4. Machinery including computers: $4.8 billion (5.9%)

5. Plastics, plastic products: $4.3 billion (5.2%)

6. Paper, paper products: $3.1 billion (3.7%)

7. Knitted or crocheted clothing, accessories: $2.68 billion (3.3%)

8. Iron and steel products: $2.65 billion (3.2%)

9. Furniture, bedding, lighting, signs, prefabricated buildings: $2.3 billion (2.8%)

10. Footwear: $2.2 billion (2.6%)


Portugal's top 10 exports accounted for 55% of its total global export value.


Fossil fuels, including petroleum, are the fastest growing of the top 10 export categories, growing by 62.4% from 2021 to 2022. Second in terms of improvement in export sales was paper and paper products, which grew by 29.5%. Portugal ranked third in the increase in shipments of electrical machinery and equipment, up 12.9 percent.


The largest decline among Portugal's top 10 export categories was knitted or crocheted apparel and accessories, down -2.5% year-on-year.


Based on more detailed 4-digit HS codes, Portugal's top 10 exports were:


1. Processed petroleum (9.7%, $5.66 Billion)

2. Automobiles (7.22%, $4.21 Billion)

3. Auto parts/accessories (5.61%, $3.27 Billion)

4. Uncoated Paper for Writing/Printing (3.13%, $1.82 Billion)

5. Footwear (Leather) (3.12%, $1.82 Billion)

6. Speed/distance meters (2.37%, $1.38 Billion)

7. Rubber Tires (New) (2.34%, $1.37 Billion)

8. Plastic plates, sheets, films, tapes, strips (2.08%, $1.22 Billion)

9. Drug Mixed Dose (1.93%, $1.12 Billion)

10. Trucks (1.84%, $1.07 Billion)



The Import Export Database is of great assistance in customer acquisition: its software typically allows for precise targeting of specific regions, selection of industry keywords, and bulk acquisition of customer contact information. Because nowadays, not all precise global buyers attend exhibitions, use B2B platforms, or even have their own websites, making it difficult for search engines to find them. To find them and establish contact for securing orders, we need to use methods that can accurately develop customers. Therefore, when purchasing Import Export Database software, it's crucial to understand how this particular Import Export Database develops overseas clients and to choose an Import Export Database that can accurately pinpoint product requirements and acquire customer contact information in bulk.



import export database,import export software,import and export



The Tendata iTrader Import Export Database yields good results. Tendata iTrader is an online marketing tool that enables the search for premium import and export companies in 200 countries worldwide, with precise and reliable data. Its functionalities include: precise global import and export company searches, locating decision-makers' contact information, in-depth data exploration, checking customs trade alerts, and conducting mass email campaigns.


>>Click for Free Trial Consultation<<


Leave Message for Demo Request or Questions

We always appreciate your visit at tendata.com. We'd love to hear your suggestions, feedback & queries. Please contact us to schedule a demo or learn more about our services. We will respond to your query within 1 working day.
  • Full company name please

  • 输入您的手机号

  • 输入您的邮箱

  • Fill in the code please

More Popular Blogs

These related articles may also be of interest to you

Geting Price

Global Trade Data Leader
Get Pricing
Demo
Free Demo
'Target Customer
'Acquisition & Intelligent
'Decision-Making
'Global Trade Marketing Intelligent
'Decision-Making SaaS Platform

Welcome Tendata · iTrader

Please fill in the infos to get free demo

  • *

    Enter your name please

  • *

    Full company name please

  • *

    输入您的邮箱

  • *

    输入您的手机号

  • *

    输入验证码

  • Read and agree to Service Agreement and Privacy Policy

中文