2023
Exports
$68.9MWorld Rnk 38 / 158
Flag Rnk 226 / 1213
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$599MWorld Rnk 23 / 216
Flag Rnk 28 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $68.9M in Corn, making it the 38th largest exporter of Corn in the world. At the same year, Corn was the 226th most exported product in Portugal. The main destination of Corn exports from Portugal are: Spain ($57.7M), France ($4.98M), United Kingdom ($2.76M), Italy ($1.98M), and Cape Verde ($611k).

The fastest growing export markets for Corn of Portugal between 2022 and 2023 were United Kingdom ($2.76M), Italy ($1.93M), and France ($1.21M).

Imports In 2023, Portugal imported $599M in Corn, becoming the 23rd largest importer of Corn in the world. At the same year, Corn was the 28th most imported product in Portugal. Portugal imports Corn primarily from: Ukraine ($217M), Brazil ($146M), Canada ($53.4M), Poland ($42.8M), and Romania ($35.8M).

The fastest growing import markets in Corn for Portugal between 2022 and 2023 were Ukraine ($124M), Poland ($35.6M), and Latvia ($12.5M).

Latest Trends

Dec 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 Corn. 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 (2023)$68.9M
IMPORTS (2023)$599M
NET TRADE (2023)-$530M

In 2023, Portugal exported $68.9M in Corn. The main destinations of Portugal exports on Corn were Spain ($57.7M), France ($4.98M), United Kingdom ($2.76M), Italy ($1.98M), and Cape Verde ($611k).

In 2023, Portugal imported $599M in Corn, mainly from Ukraine ($217M), Brazil ($146M), Canada ($53.4M), Poland ($42.8M), and Romania ($35.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
United Kingdom$2.76M (53.9k%)
Italy$1.93M (3.65k%)
France$1.21M (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Portugal WERE (2022 - 2023):
Spain-$5.32M (-8.43%)
Cape Verde-$758k (-55.4%)
Poland-$133k (-98%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Corn were:
In 2023, Portugal's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $5.84M
TOP IMPORT POTENTIALUnited States+ $13.3M

Corn’s highest export potential is Spain. With an export gap of $5.84M.   Corn’s highest import potential is United States with an import gap of $13.3M.

See methodology.

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