Aluminum articles in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $960M in Aluminum articles, making it the 46th largest exporter of Aluminum articles in the world. At the same year, Aluminum articles was the 24th most exported product in Portugal. The main destination of Aluminum articles exports from Portugal are: Spain ($343M), France ($249M), Germany ($85.1M), United Kingdom ($34.4M), and Austria ($30.4M).

The fastest growing export markets for Aluminum articles of Portugal between 2021 and 2022 were Germany ($31.2M), Spain ($22.9M), and France ($17.6M).

Imports In 2022, Portugal imported $1.61B in Aluminum articles, becoming the 39th largest importer of Aluminum articles in the world. At the same year, Aluminum articles was the 14th most imported product in Portugal. Portugal imports Aluminum articles primarily from: Spain ($902M), Norway ($136M), Germany ($87.1M), Italy ($85.9M), and China ($68.2M).

The fastest growing import markets in Aluminum articles for Portugal between 2021 and 2022 were Spain ($122M), Norway ($72.7M), and China ($26.4M).

COMPANIES In 2023, leading companies such as TE CONNECTIVITY CORPORATION (4), IKEA SUPPLY AG (3), and HOME DEPOT, U. S. A., INC. (3) were at the forefront of shipping Aluminum articles from Portugal to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Portugal's Aluminum articles exports accounted up to €85.8M and imports accounted up to €105M, resulting in a negative trade balance of €18.9M. Between February 2023 and February 2024 the exports of Portugal's Aluminum articles have increased by €807k (0.95%) from €84.9M to €85.8M, while imports increased by €4.18M (4.17%) from €100M to €105M.

Destinations In February 2024, Aluminum articles were exported mostly to France (€28M), Spain (€27.6M), Germany (€6.56M), Austria (€3.21M), and Belgium (€2.14M), and were imported mostly from Spain (€60M), Germany (€9.63M), Italy (€6.34M), China (€5.8M), and France (€5.63M).

Growth In February 2024, the increase in Aluminum articles's year-by-year exports was explained primarily by an increase in exports to Germany (€3.38M or 59.8%), France (€1.9M or 7.49%), and Angola (€1.63M or 390%). In February 2024, the increase in Aluminum articles's year-by-year imports was explained primarily by an increase in imports from Germany (€2.86M or 61%), Italy (€2.08M or 46.1%), and United Kingdom (€1.03M or 438%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€807k(0.95%)

IMPORT GROWTH (February 2023 - February 2024)€4.18M(4.17%)

MAIN DESTINATION (February 2024)France€28M

This section shows Aluminum articles'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 Aluminum articles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$960M

IMPORTS (2022)$1.61B

NET TRADE (2022)-$647M

In 2022, Portugal exported $960M in Aluminum articles. The main destinations of Portugal exports on Aluminum articles were Spain ($343M), France ($249M), Germany ($85.1M), United Kingdom ($34.4M), and Austria ($30.4M).

In 2022, Portugal imported $1.61B in Aluminum articles, mainly from Spain ($902M), Norway ($136M), Germany ($87.1M), Italy ($85.9M), and China ($68.2M).

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