Railway and trams in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $17M in Railway and trams, making it the 53rd largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 84th most exported product in Portugal. The main destination of Railway and trams exports from Portugal are: Spain ($4.88M), Germany ($1.97M), United States ($1.95M), France ($1.83M), and Angola ($1.22M).

The fastest growing export markets for Railway and trams of Portugal between 2021 and 2022 were Germany ($1.44M), United States ($1.35M), and Bulgaria ($883k).

Imports In 2022, Portugal imported $32.4M in Railway and trams, becoming the 82nd largest importer of Railway and trams in the world. At the same year, Railway and trams was the 87th most imported product in Portugal. Portugal imports Railway and trams primarily from: Spain ($13.3M), China ($3.35M), Czechia ($2.86M), Germany ($2.44M), and Switzerland ($1.85M).

The fastest growing import markets in Railway and trams for Portugal between 2021 and 2022 were China ($2.48M), Czechia ($902k), and Italy ($883k).

Latest Trends

February 2024

About

Overview In February 2024 Portugal's Railway and trams exports accounted up to €221k and imports accounted up to €7.54M, resulting in a negative trade balance of €7.32M. Between February 2023 and February 2024 the exports of Portugal's Railway and trams have decreased by €-72.9k (-24.8%) from €294k to €221k, while imports increased by €5.7M (310%) from €1.84M to €7.54M.

Destinations In February 2024, Railway and trams were exported mostly to Gabon (€96k), Mexico (€24k), Mozambique (€15.3k), Cape Verde (€14.4k), and Spain (€12.3k), and were imported mostly from Spain (€5.45M), Italy (€1.03M), Czechia (€382k), Germany (€317k), and Slovenia (€137k).

Growth In February 2024, the decrease in Railway and trams's year-by-year exports was explained primarily by a decrease in exports to Madagascar (€-57.7k or -100%), Sudan (€-42.9k or -100%), and Spain (€-34.1k or -93.5%). In February 2024, the increase in Railway and trams's year-by-year imports was explained primarily by an increase in imports from Denmark (€13.7k or 80%), Italy (€8.08k or 6.12%), and Angola (€1.22k or 12.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-72.9k(-24.8%)

IMPORT GROWTH (February 2023 - February 2024)€5.7M(310%)

MAIN DESTINATION (February 2024)Gabon€96k

This section shows Railway and trams'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 Railway and trams over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$17M

IMPORTS (2022)$32.4M

NET TRADE (2022)-$15.3M

In 2022, Portugal exported $17M in Railway and trams. The main destinations of Portugal exports on Railway and trams were Spain ($4.88M), Germany ($1.97M), United States ($1.95M), France ($1.83M), and Angola ($1.22M).

In 2022, Portugal imported $32.4M in Railway and trams, mainly from Spain ($13.3M), China ($3.35M), Czechia ($2.86M), Germany ($2.44M), and Switzerland ($1.85M).

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