2022
Exports | Imports
$437M | $3.69BWorld Rnk 59 / 160
Flag Rnk 37 / 1216
World Rnk 30 / 222
Flag Rnk 4 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-2.03Rnk 1002 / 1025

About

Exports In 2022, Portugal exported $437M in Petroleum Gas, making it the 59th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 37th most exported product in Portugal. The main destination of Petroleum Gas exports from Portugal are: Spain ($328M), Netherlands ($57.6M), Belgium ($22.7M), Morocco ($5.79M), and United States ($5.25M).

The fastest growing export markets for Petroleum Gas of Portugal between 2021 and 2022 were Spain ($191M), Netherlands ($13M), and Morocco ($5.79M).

Imports In 2022, Portugal imported $3.69B in Petroleum Gas, becoming the 30th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most imported product in Portugal. Portugal imports Petroleum Gas primarily from: United States ($1.78B), Nigeria ($814M), Spain ($393M), Equatorial Guinea ($211M), and Trinidad and Tobago ($189M).

The fastest growing import markets in Petroleum Gas for Portugal between 2021 and 2022 were United States ($862M), Spain ($230M), and Equatorial Guinea ($207M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Petroleum Gas from Portugal to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum Gas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$437M
IMPORTS (2022)$3.69B
NET TRADE (2022)-$3.26B

In 2022, Portugal exported $437M in Petroleum Gas. The main destinations of Portugal exports on Petroleum Gas were Spain ($328M), Netherlands ($57.6M), Belgium ($22.7M), Morocco ($5.79M), and United States ($5.25M).

In 2022, Portugal imported $3.69B in Petroleum Gas, mainly from United States ($1.78B), Nigeria ($814M), Spain ($393M), Equatorial Guinea ($211M), and Trinidad and Tobago ($189M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$191M (139%)
Netherlands$13M (29%)
Morocco$5.79M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Portugal WERE (2021 - 2022):
France-$2.62M (-50.5%)
Senegal-$2.53M (-49.7%)
Italy-$27.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Petroleum Gas were:
In 2022, Portugal's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

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