2022
Exports | Imports
$322M | $494MWorld Rnk 31 / 210
Flag Rnk 52 / 1216
World Rnk 24 / 226
Flag Rnk 38 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.58Rnk 40 / 124
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.27Rnk 640 / 1025

About

Exports In 2022, Portugal exported $322M in Baked Goods, making it the 31st largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 52nd most exported product in Portugal. The main destination of Baked Goods exports from Portugal are: Spain ($113M), United Kingdom ($43.5M), France ($32.8M), United States ($16.3M), and Netherlands ($11.8M).

The fastest growing export markets for Baked Goods of Portugal between 2021 and 2022 were United Kingdom ($8.76M), Spain ($7.89M), and Belgium ($3.03M).

Imports In 2022, Portugal imported $494M in Baked Goods, becoming the 24th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 38th most imported product in Portugal. Portugal imports Baked Goods primarily from: Spain ($300M), Germany ($52.8M), France ($45.9M), Italy ($31.2M), and Netherlands ($16.5M).

The fastest growing import markets in Baked Goods for Portugal between 2021 and 2022 were France ($11.1M), Germany ($5.22M), and Netherlands ($3.29M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (1.88k) were at the forefront of shipping Baked Goods 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 Baked Goods. 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)$322M
IMPORTS (2022)$494M
NET TRADE (2022)-$172M

In 2022, Portugal exported $322M in Baked Goods. The main destinations of Portugal exports on Baked Goods were Spain ($113M), United Kingdom ($43.5M), France ($32.8M), United States ($16.3M), and Netherlands ($11.8M).

In 2022, Portugal imported $494M in Baked Goods, mainly from Spain ($300M), Germany ($52.8M), France ($45.9M), Italy ($31.2M), and Netherlands ($16.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$8.76M (25.3%)
Spain$7.89M (7.51%)
Belgium$3.03M (45.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Portugal WERE (2021 - 2022):
France-$9.89M (-23.2%)
Netherlands-$3.2M (-21.4%)
Japan-$2.33M (-56.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Portugal's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

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