Portugal's Footwear exports were $2 Billion in 2023

Portugal's Footwear exports were $2 Billion
 Portugal is a major market for footwears. In 2023, Portugal witnessed record footwear exports. According to Portugal import export data, Portugal footwear exports stood at $2 billion during 2023. Germany and France stood as the biggest buyers of Portugal's footwear items with 22% and 20% market share respectively. 

There was a sharp rise in Portugal's footwear exports to the Netherlands, Spain, the United Kingdom and the United States. Ecco Let Portugal, Timberland Europe and Ara Shoes were some of the biggest footwear companies from Portugal with a notable amount of shipments last year. In terms of headgear items exports, Portugal recorded $105 million worth of exports during FY 2023. 


These include hats, head bands, helmets, etc. According to Portugal export data reports, the United States was the top headgear importer from Portugal with worth around $32 million along with France ($24 million), Spain ($5 million) and Germany ($3.8 million). The leading headgear export companies from Portugal were Shark Helmets, Feltros Portugueses and Nexx Pro.


Whereas, Portugal's biggest market for umbrellas, walking sticks, seat sticks was Spain which accounted for 70% market share. Portugal's overall exports of these articles stood at around $13 million during 2023. The fastest growing markets for Portugal exports were France, Angola, Belgium, Italy and Luxembourg.


Ezpeleta, Saipem, and Karl Lagerfeld International are the biggest Portugal export companies related to this field. On the other hand, Portugal import data reflects Portugal footwear imports were $1 billion in 2023. Around 30% of Portugal's footwear imports came from Spain which exported $340 million worth of footwear items. Germany, Belgium, Italy and China were other favourable destinations for Portugal footwear imports.


Rodiro, Ara Shoes, and Donaire were other prominent footwear supplying companies to Portugal during last year. In terms of leather exports, Portugal's leather exports were $138 million during last year. Spain, Italy, Morocco and France were the leading leather importing countries from Portugal with 24%, 15%, 11% and 8% market share.  Whereas, Portugal's leather imports were $357 million in 2023. Italy, Spain and France were the biggest leather suppliers to Portugal. Among the top Portugal trading companies for leather were Vagabond  International, Donaire, and Simone Acc. Collection. 


Also, there was a significant increase in the exports of woollen fabrics from Portugal. Portugal customs data shows a 14% rise in the exports of woollen fabrics last year. It was recorded to be $83 billion in 2023. Germany was the leading importer of woollen fabrics from Portugal with 20% market share followed by Romania (15%), and Spain (13%) respectively. Lusola Fabricacao, Faria Da Costa and Lusotufo were the top leather export companies from Portugal with a notable amount of shipments last year.


The forecasts for Portugal’s textiles and footwear exports seem positive this year. Portugal companies can benefit their business through global import export data provider. With their trade intelligence reports, companies can foster their research and identify a growing market for their business. It gives detailed insights over top textiles, footwear items, price, quantity, exporters, competitors, and potential buyers. Portugal companies can rely on this data to generate high quality leads and boost their sales funnel.

Comments

Post a Comment

Popular posts from this blog

Turkey's fruits & vegetable exports hit record $212 Mn in April

Image
  Turkey is among the leading exporters of fruits and vegetables globally. Turkey is the biggest exporter of hazelnuts and fids. As per Turkey customs data , the overall fruits and vegetables exports from Turkey hit a record $212 million in April 2024. Experts predict Turkey's fruit market to reach 2.6 billion euros in 2024 with 9% expected annual growth rate. In the fiscal year 2023, Turkey's fruits and vegetables exports sales bombed. According to Turkey import export data , the country's fruits exports went up by 8.5% last year. Turkey's fruits exports were recorded to be $5.4 billion in FY 2023. Turkey's key fruits exports includes citrus fruits, grapes, apricots, dates, figs, apples and melons.   Russia was the biggest importer of fruits from Turkey with nearly billion dollars of fruit imports from Turkey. Export share wise, Germany (12%), Italy (8%), Iraq (7%), and the United Kingdom (4%) were the major markets for Turkish fruits exports. Ferrero Hazelnut Comp...
Read more

Russia's Textiles & Footwear Trade Analysis FY 2023

Image
  Well, Russia’s textiles exports are not as sound as crude oil, gas, and fertilizers exports. Knitted Fabrics were the most exported items from Russia. During the financial year 2023, Russia’s knitted fabrics exports stood at around $598 million as per Russia import export data . Moldova was the leading destination for Russian knitted fabrics items representing around 47% market share.  Uzbekistan was the second leading destination for Russian knitted fabrics exports with 27% market share. The fastest growing markets for Russia's knitted fabrics exports are Ukraine, Azerbaijan, Tajikistan, Turkey and Lithuania. Whereas, non-knitted or crocheted articles were the second most exported commodity from Russia. According to Russia customs data reports, over 136 million dollars worth of non-knitted or crocheted articles were exported from Russia in the fiscal year 2023. Russia's majority of the knitted and non-knitted textiles articles exports were made to Namibia and Spain respect...
Read more

USA's Agricultural & Poultry Market: Stats & Figures

Image
  Agriculture and poultry are the major revenue driven industries of the USA. Some of the leading agricultural exports of the USA are grains, soybeans, corn, fruits, vegetables, tree nuts and livestock products. In 2023, the USA's overall agricultural exports remained at $178 billion. Further, according to the experts, the USA's agricultural exports might see a fall to $170 billion in 2024.  According to the US import export data , the country's agricultural exports hit an all time high of $196 billion in 2022. China remained the biggest market for USA's agricultural exports with a record 19% market share. China's major interest came in the USA's soybeans, beef and cotton items. Along with China, Canada, Mexico and Japan were other significant markets. Soybeans are the top revenue generating commodity for the USA. In 2023, the exports of soybeans from the USA were recorded to be $28 billion. Although, there was a steep decline of 18% in the USA’s soybeans export...
Read more