Paints, dyes, & varnishes in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $301M in Paints, dyes, & varnishes, making it the 37th largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 48th most exported product in Portugal. The main destination of Paints, dyes, & varnishes exports from Portugal are: Spain ($94.6M), Algeria ($25.6M), France ($20.6M), Germany ($18M), and Angola ($17.1M).

The fastest growing export markets for Paints, dyes, & varnishes of Portugal between 2021 and 2022 were Algeria ($23.4M), Netherlands ($4.99M), and Angola ($3.19M).

Imports In 2022, Portugal imported $758M in Paints, dyes, & varnishes, becoming the 33rd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 33rd most imported product in Portugal. Portugal imports Paints, dyes, & varnishes primarily from: Spain ($323M), Germany ($123M), Italy ($64M), Belgium ($45.5M), and Netherlands ($39.4M).

The fastest growing import markets in Paints, dyes, & varnishes for Portugal between 2021 and 2022 were Spain ($28.3M), India ($3.91M), and Luxembourg ($2.95M).

COMPANIES In 2023, leading companies such as PORSCHE CARS NORTH AMERICA, INC. (30), IKEA SUPPLY AG (10), and HOME DEPOT, U. S. A., INC. (2) were at the forefront of shipping Paints, dyes, & varnishes from Portugal to the United States.

Latest Trends

February 2024

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Overview In February 2024 Portugal's Paints, dyes, & varnishes exports accounted up to €27M and imports accounted up to €67.5M, resulting in a negative trade balance of €40.5M. Between February 2023 and February 2024 the exports of Portugal's Paints, dyes, & varnishes have decreased by €-217k (-0.8%) from €27.2M to €27M, while imports increased by €3.64M (5.7%) from €63.9M to €67.5M.

Destinations In February 2024, Paints, dyes, & varnishes were exported mostly to Spain (€9.63M), Algeria (€4.49M), France (€1.2M), Germany (€1.12M), and Italy (€1.11M), and were imported mostly from Spain (€31.3M), Germany (€11.5M), Italy (€4.83M), Belgium (€4.13M), and France (€2.59M).

Growth In February 2024, the decrease in Paints, dyes, & varnishes's year-by-year exports was explained primarily by a decrease in exports to Germany (€-866k or -42.6%), Other (€-639k or -100%), and United Kingdom (€-407k or -56.3%). In February 2024, the increase in Paints, dyes, & varnishes's year-by-year imports was explained primarily by an increase in imports from Spain (€6.88M or 29.5%), United Kingdom (€530k or 158%), and France (€433k or 15.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-217k(-0.8%)

IMPORT GROWTH (February 2023 - February 2024)€3.64M(5.7%)

MAIN DESTINATION (February 2024)Spain€9.63M

This section shows Paints, dyes, & varnishes'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 Paints, dyes, & varnishes over time.

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