2022
Exports
$69.3MWorld Rnk 38 / 169
Flag Rnk 232 / 1216
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$350MWorld Rnk 27 / 223
Flag Rnk 64 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $69.3M in Cheese, making it the 38th largest exporter of Cheese in the world. At the same year, Cheese was the 232nd most exported product in Portugal. The main destination of Cheese exports from Portugal are: Spain ($24M), Angola ($10.9M), Switzerland ($4.7M), France ($4.38M), and United States ($3.79M).

The fastest growing export markets for Cheese of Portugal between 2021 and 2022 were Spain ($15.9M), Angola ($2.76M), and Cape Verde ($1.34M).

Imports In 2022, Portugal imported $350M in Cheese, becoming the 27th largest importer of Cheese in the world. At the same year, Cheese was the 64th most imported product in Portugal. Portugal imports Cheese primarily from: Spain ($128M), France ($55.6M), Germany ($51.6M), Netherlands ($48.6M), and Italy ($26.6M).

The fastest growing import markets in Cheese for Portugal between 2021 and 2022 were Spain ($22.6M), France ($14.3M), and Netherlands ($11M).

Latest Trends

Oct 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 Cheese. 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)$69.3M
IMPORTS (2022)$350M
NET TRADE (2022)-$280M

In 2022, Portugal exported $69.3M in Cheese. The main destinations of Portugal exports on Cheese were Spain ($24M), Angola ($10.9M), Switzerland ($4.7M), France ($4.38M), and United States ($3.79M).

In 2022, Portugal imported $350M in Cheese, mainly from Spain ($128M), France ($55.6M), Germany ($51.6M), Netherlands ($48.6M), and Italy ($26.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$15.9M (197%)
Angola$2.76M (34%)
Cape Verde$1.34M (63.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Portugal WERE (2021 - 2022):
France-$1.08M (-19.8%)
Switzerland-$617k (-11.6%)
Morocco-$278k (-96.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Cheese were:
In 2022, Portugal's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $8.56M
TOP IMPORT POTENTIALItaly+ $9.64M

Cheese’s highest export potential is Spain. With an export gap of $8.56M.   Cheese’s highest import potential is Italy with an import gap of $9.64M.

See methodology.

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