Glass & glassware in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $706M in Glass & glassware, making it the 26th largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 29th most exported product in Portugal. The main destination of Glass & glassware exports from Portugal are: Spain ($359M), France ($136M), Netherlands ($33.4M), United States ($18.5M), and Italy ($16.4M).

The fastest growing export markets for Glass & glassware of Portugal between 2021 and 2022 were Spain ($55.5M), France ($15.5M), and Brazil ($8.01M).

Imports In 2022, Portugal imported $714M in Glass & glassware, becoming the 33rd largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 35th most imported product in Portugal. Portugal imports Glass & glassware primarily from: Spain ($386M), China ($41.7M), Germany ($40.3M), France ($37.4M), and Italy ($31.4M).

The fastest growing import markets in Glass & glassware for Portugal between 2021 and 2022 were Spain ($50.9M), China ($9.04M), and Belgium ($5.51M).

COMPANIES In 2023, leading companies such as EUROMARKET DESIGNS INC (158), IKEA SUPPLY AG (134), and ARHAUS LLC (9) were at the forefront of shipping Glass & glassware from Portugal to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Portugal's Glass & glassware exports accounted up to €56.7M and imports accounted up to €58.5M, resulting in a negative trade balance of €1.84M. Between February 2023 and February 2024 the exports of Portugal's Glass & glassware have decreased by €-11.1M (-16.3%) from €67.8M to €56.7M, while imports decreased by €-1.79M (-2.96%) from €60.3M to €58.5M.

Destinations In February 2024, Glass & glassware were exported mostly to Spain (€30.9M), France (€13.1M), Italy (€1.3M), Belgium (€1.11M), and United States (€1.07M), and were imported mostly from Spain (€32.8M), China (€5.03M), Germany (€4.46M), France (€3.58M), and Italy (€1.76M).

Growth In February 2024, the decrease in Glass & glassware's year-by-year exports was explained primarily by a decrease in exports to Netherlands (€-977k or -37.4%), Dominican Republic (€-877k or -97.7%), and Mozambique (€-131k or -86.2%). In February 2024, the decrease in Glass & glassware's year-by-year imports was explained primarily by a decrease in imports from Austria (€-1.03M or -40.6%), Belgium (€-835k or -41.2%), and Turkey (€-741k or -48.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-11.1M(-16.3%)

IMPORT GROWTH (February 2023 - February 2024)€-1.79M(-2.96%)

MAIN DESTINATION (February 2024)Spain€30.9M

This section shows Glass & glassware'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 Glass & glassware over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$706M

IMPORTS (2022)$714M

NET TRADE (2022)-$7.96M

In 2022, Portugal exported $706M in Glass & glassware. The main destinations of Portugal exports on Glass & glassware were Spain ($359M), France ($136M), Netherlands ($33.4M), United States ($18.5M), and Italy ($16.4M).

In 2022, Portugal imported $714M in Glass & glassware, mainly from Spain ($386M), China ($41.7M), Germany ($40.3M), France ($37.4M), and Italy ($31.4M).

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