HS Icon Confectionery Sugar in  Flag Portugal

2019
Exports | Imports
: $11M | $57.3M, World Rnk 69 / 185
Flag Rnk 503 / 1208 | World Rnk 43 / 222
Flag Rnk 299 / 1210

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $269k | $404k, Spain |  Italy

2019
ECONOMIC COMPLEXITY of Portugal
: 0.51, Rnk 49 / 147

2019
PRODUCT COMPLEXITY  IN Confectionery Sugar
: -0.69, Rnk 754 / 1029

Exports In 2019, Portugal exported $11M in Confectionery Sugar, making it the 69th largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 503rd most exported product in Portugal. The main destination of Confectionery Sugar exports from Portugal are: Spain ($3.58M), Angola ($2.61M), United Kingdom ($1.09M), Cape Verde ($726k), and France ($445k).

The fastest growing export markets for Confectionery Sugar of Portugal between 2018 and 2019 were Spain ($269k), United Arab Emirates ($180k), and Serbia ($88.1k).

Imports In 2019, Portugal imported $57.3M in Confectionery Sugar, becoming the 43rd largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 299th most imported product in Portugal. Portugal imports Confectionery Sugar primarily from: Spain ($30.1M), Germany ($9.32M), Belgium ($4.58M), France ($4.02M), and Netherlands ($2.52M).

The fastest growing import markets in Confectionery Sugar for Portugal between 2018 and 2019 were Italy ($404k), Brazil ($242k), and Czechia ($221k).

Tariffs In 2017, the average tariff for Portugal in Confectionery Sugar was 5.96%. The countries with the highest import tariffs for Confectionery Sugar were Western Sahara (Most Favoured Nation duty rate treatement, 15.9%), Gabon (Most Favoured Nation duty rate treatement, 15.9%), Libya (Most Favoured Nation duty rate treatement, 15.9%), Mayotte (Most Favoured Nation duty rate treatement, 15.9%), and Reunion (Most Favoured Nation duty rate treatement, 15.9%).

Historical Data

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EXPORTS (2019): $11M

IMPORTS (2019): $57.3M

NET TRADE (2019): -$46.3M

In 2019, Portugal exported $11M in Confectionery Sugar. The main destinations of Portugal exports on Confectionery Sugar were Spain ($3.58M), Angola ($2.61M), United Kingdom ($1.09M), Cape Verde ($726k), and France ($445k).

In 2019, Portugal imported $57.3M in Confectionery Sugar, mainly from Spain ($30.1M), Germany ($9.32M), Belgium ($4.58M), France ($4.02M), and Netherlands ($2.52M).

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IN 2019, Portugal HAD A POSITIVE NET TRADE IN Confectionery Sugar WITH:

IN 2019, Portugal HAD A NEGATIVE NET TRADE IN Confectionery Sugar WITH:

Flow

THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Portugal WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Portugal WERE (2018 - 2019):

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Market Concentration

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In 2019, Portugal's main exporting competitors in Confectionery Sugar were:

In 2019, Portugal's main importing competitors in Confectionery Sugar were:

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Tariffs by Country

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In 2017, the average tariff for Portugal in Confectionery Sugar was 5.96%.

The countries with the highest tariffs for Confectionery Sugar in Portugal were Western Sahara (Most Favoured Nation duty rate treatement, 15.9%), Gabon (Most Favoured Nation duty rate treatement, 15.9%), Libya (Most Favoured Nation duty rate treatement, 15.9%), Mayotte (Most Favoured Nation duty rate treatement, 15.9%), and Reunion (Most Favoured Nation duty rate treatement, 15.9%).