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2022
Exports $1.41BWorld Rnk 24 / 217
Flag Rnk 17 / 96
2022
Destination $25.3M Spain
2021 - 2022
FASTEST GROWING MARKET $25.3MAngola
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar0.2Rnk 488 / 1025
2022
Imports $673MWorld Rnk 39 / 225
Flag Rnk 36 / 96
2022
Origin $26.4M Spain
2021 - 2022
FASTEST GROWING ORIGIN $26.4MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $1.41B in Beverages, spirits, & vinegar, making it the 24th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 17th most exported product in Portugal. The main destination of Beverages, spirits, & vinegar exports from Portugal are: Spain ($178M), France ($151M), United States ($128M), United Kingdom ($110M), and Brazil ($72.8M).

The fastest growing export markets for Beverages, spirits, & vinegar of Portugal between 2021 and 2022 were Angola ($25.3M), Mali ($6.05M), and Lithuania ($5.14M).

Imports In 2022, Portugal imported $673M in Beverages, spirits, & vinegar, becoming the 39th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 36th most imported product in Portugal. Portugal imports Beverages, spirits, & vinegar primarily from: Spain ($393M), France ($66.9M), United Kingdom ($46.2M), Italy ($41.6M), and Germany ($32.8M).

The fastest growing import markets in Beverages, spirits, & vinegar for Portugal between 2021 and 2022 were Spain ($26.4M), Italy ($11.3M), and Netherlands ($9.15M).

COMPANIES In 2023, leading companies such as MISA Imports (124), Palm Bay International (37), and Cardinal Wine Group (2) were at the forefront of shipping Beverages, spirits, & vinegar from Portugal to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Portugal's Beverages, spirits, & vinegar exports accounted up to €242M and imports accounted up to €114M, resulting in a positive trade balance of €128M. Between September 2023 and September 2024 the exports of Portugal's   Beverages, spirits, & vinegar have increased by €126M (108%) from €116M to €242M, while imports increased by €55.6M (95.9%) from €58M to €114M.

Destinations In September 2024, Beverages, spirits, & vinegar were exported mostly to Spain (€38.7M), France (€25.8M), United Kingdom (€19M), United States (€16.8M), and Brazil (€14.7M), and were imported mostly from Spain (€69.4M), United Kingdom (€7.32M), France (€7.3M), Germany (€5.65M), and Other (€4.81M).

Growth In September 2024, the increase in Beverages, spirits, & vinegar's year-by-year exports was explained primarily by an increase in exports to Spain (€4.35M or 32.4%), Angola (€1.95M or 53.8%), and Senegal (€1.01M or 219%). In September 2024, the increase in Beverages, spirits, & vinegar's year-by-year imports was explained primarily by an increase in imports from Spain (€4.96M or 22.3%), Italy (€1.35M or 78.3%), and Other (€854k or 51.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€126M(108%)
IMPORT GROWTH (September 2023 - September 2024)€55.6M(95.9%)
MAIN DESTINATION (September 2024)Spain€38.7M

This section shows Beverages, spirits, & vinegar'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 Beverages, spirits, & vinegar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.41B
IMPORTS (2022)$673M
NET TRADE (2022)$740M

In 2022, Portugal exported $1.41B in Beverages, spirits, & vinegar. The main destinations of Portugal exports on Beverages, spirits, & vinegar were Spain ($178M), France ($151M), United States ($128M), United Kingdom ($110M), and Brazil ($72.8M).

In 2022, Portugal imported $673M in Beverages, spirits, & vinegar, mainly from Spain ($393M), France ($66.9M), United Kingdom ($46.2M), Italy ($41.6M), and Germany ($32.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$25.3M (78.4%)
Mali$6.05M (135%)
Lithuania$5.14M (64.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Portugal WERE (2021 - 2022):
Spain-$35.8M (-16.7%)
United Kingdom-$18.5M (-14.5%)
France-$15M (-9.03%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Portugal's main importing competitors in Beverages, spirits, & vinegar were:
United States $30B
United Kingdom $9.32B
Germany $9.29B

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $52.2M
TOP IMPORT POTENTIALFrance+ $25.5M

Beverages, spirits, & vinegar’s highest export potential is United States. With an export gap of $52.2M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $25.5M.

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