Non-knitted clothing accesories in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $1.15B in Non-knitted clothing accesories, making it the 31st largest exporter of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 19th most exported product in Portugal. The main destination of Non-knitted clothing accesories exports from Portugal are: Spain ($328M), France ($163M), Germany ($88.7M), United Kingdom ($87.7M), and United States ($87M).

The fastest growing export markets for Non-knitted clothing accesories of Portugal between 2021 and 2022 were United States ($29.3M), Netherlands ($28.6M), and United Kingdom ($22.7M).

Imports In 2022, Portugal imported $1.42B in Non-knitted clothing accesories, becoming the 33rd largest importer of Non-knitted clothing accesories in the world. At the same year, Non-knitted clothing accesories was the 18th most imported product in Portugal. Portugal imports Non-knitted clothing accesories primarily from: Spain ($725M), Italy ($120M), China ($109M), France ($98.8M), and Germany ($60.3M).

The fastest growing import markets in Non-knitted clothing accesories for Portugal between 2021 and 2022 were Spain ($121M), China ($24M), and Bangladesh ($14.9M).

COMPANIES In 2023, leading companies such as PVH CORPORATION (3), COSTCO WHOLESALE COPRORATION (2), and GOYA FOODS INC (1) were at the forefront of shipping Non-knitted clothing accesories from Portugal to the United States.

Latest Trends

February 2024

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Overview In February 2024 Portugal's Non-knitted clothing accesories exports accounted up to €91.7M and imports accounted up to €100M, resulting in a negative trade balance of €8.63M. Between February 2023 and February 2024 the exports of Portugal's Non-knitted clothing accesories have decreased by €-2.76M (-2.92%) from €94.4M to €91.7M, while imports decreased by €-1.32M (-1.29%) from €102M to €100M.

Destinations In February 2024, Non-knitted clothing accesories were exported mostly to Spain (€27.5M), France (€17.7M), United Kingdom (€7.61M), Germany (€6.33M), and United States (€6.09M), and were imported mostly from Spain (€54M), Italy (€8.9M), France (€7.43M), China (€6.31M), and Germany (€5.86M).

Growth In February 2024, the decrease in Non-knitted clothing accesories's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (€-357k or -68.3%), China (€-230k or -44.4%), and Saudi Arabia (€-182k or -66.1%). In February 2024, the decrease in Non-knitted clothing accesories's year-by-year imports was explained primarily by a decrease in imports from France (€-637k or -8.81%), Sweden (€-63.5k or -27.7%), and Ireland (€-37k or -23.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-2.76M(-2.92%)

IMPORT GROWTH (February 2023 - February 2024)€-1.32M(-1.29%)

MAIN DESTINATION (February 2024)Spain€27.5M

This section shows Non-knitted clothing accesories'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 Non-knitted clothing accesories over time.

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