Portugal trade data typically refers to the import and export data of Portugal. Portugal Import Data includes detailed records of all goods imported by Portuguese businesses from around the world.

For businesses looking to expand into the Portuguese market, this data provides valuable market insights. It helps companies analyze the demand for specific products, identify Portuguese buyers, and access global supplier lists. Furthermore, it allows businesses to analyze the global supply chains of these buyers and obtain contact details of key decision-makers. For logistics companies, the data can help assess the import activities at Portugal's various ports and analyze the global logistics network.

In 2023, Portugal's total goods import value was $113 billion. In comparison, Portugal's total goods imports in 2022 amounted to $115 billion. This represents a 1.56% decrease in imports compared to the previous year.

Key Portugal Import Data from Tendata iTrader

According to the latest Tendata iTrader data, Portugal's Top 10 imported products in 2023, categorized by their 4-digit HS codes, are as follows:

· HS Code 8703 (6.24%, $7.09 billion): Motor cars and other motor vehicles principally designed for the transport of persons (excluding those of heading 87.02), including station wagons and racing cars.

· HS Code 2709 (5.22%, $5.92 billion): Petroleum oils and oils obtained from bituminous minerals, crude.

· HS Code 8708 (3.23%, $3.67 billion): Parts and accessories of motor vehicles of headings 87.01 to 87.05.

· HS Code 2710 (2.93%, $3.33 billion): Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; waste oils.

· HS Code 3004 (2.37%, $2.69 billion): Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses or in retail sale packaging.

· HS Code 2711 (2.11%, $2.40 billion): Petroleum gases and other gaseous hydrocarbons.

· HS Code 8517 (1.35%, $1.53 billion): Electrical apparatus for line telephony or telegraphy, including cordless telephones and telecommunication apparatus for carrier-current systems.

· HS Code 8541 (1.23%, $1.39 billion): Semiconductor devices, including diodes, transistors, and photovoltaic cells.

· HS Code 8542 (1.23%, $1.39 billion): Electronic integrated circuits and microassemblies.

· HS Code 2933 (1.16%, $1.31 billion): Heterocyclic compounds with nitrogen hetero-atom(s) only.

When you need to understand the Portuguese market, you can use product names or HS codes to search within Tendata's Portugal Import Data. By analyzing historical import and export data for specific products, businesses can identify fast-growing markets. If a particular country or region consistently imports a specific product, it indicates increasing demand and presents a potential high-growth market.

Tendata's Portugal Import Data includes 92 fields such as importer, exporter, product names, origin and destination countries, weight, price, and more. You can access detailed trade data through Tendata's trade reports. Here is a sample report provided to you:

Key Import Partners for Portugal in 2023

According to Tendata's latest iTrader data, Portugal's top import partners in 2023 were:

· Spain (33%, $38 billion)

· Germany (11.5%, $13.1 billion)

· France (6.95%, $7.89 billion)

· Netherlands (5.33%, $6.05 billion)

· China (4.97%, $5.64 billion)

· Italy (4.96%, $5.63 billion)

· Brazil (3.49%, $3.96 billion)

· Belgium (3.15%, $3.57 billion)

· USA (2.14%, $2.43 billion)

· Poland (1.89%, $2.15 billion)

Understanding Portugal's primary import partners helps businesses identify which countries or regions are exporting similar products to this market. If most imports from a particular country are concentrated in a specific product, it indicates high demand for that product in Portugal. This insight offers businesses opportunities to enter the market. By analyzing these import figures, companies can develop targeted market entry strategies.

Don't forget to select your desired time frame to get the most up-to-date Portugal Import Data from Tendata. Here is a sample report provided to you:

Tendata's Portugal Import Data offers businesses comprehensive insights, from identifying market opportunities and conducting competitive analysis to optimizing supply chains and expanding customer bases. By leveraging this data, companies can enhance decision-making, reduce operational costs, and extend their business reach. Proper utilization of Portugal Import Data helps businesses stay ahead of market trends, boost their competitiveness, and achieve sustainable growth.

Why Do You Need Portugal Import Data?

Based on Portugal Import Data, importers can:

1. Quickly identify suppliers in the Portuguese market.

2. Understand the market conditions and trade dynamics of Portugal.

3. Monitor your competitors' activities and surpass them.

4. Utilize data-driven marketing techniques and keep them updated in real time.

5. Set long-term business goals and increase revenue.

Why Choose Tendata's Portugal Import Data?

Tendata provides access to trade data from 218 countries and regions, business data from 198 countries, and internet data from 172 countries. With a simple search, Tendata delivers information on approximately 130 million active global buyers and suppliers. These customers have real purchase records and intentions, allowing your quality client base to be gathered in just 0.01 seconds—saving you significant time.

If you are a marketer or trader looking to import cost-effective products, contact us now to obtain Portugal's customs data from 218 countries/regions. Please visit our website at tendata.com or email us at emarketing@tendata.cn for more information.