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2022
Exports $815MWorld Rnk 33 / 221
Flag Rnk 26 / 96
2022
Destination $12.8M Spain
2021 - 2022
FASTEST GROWING MARKET $12.8MItaly
2022
PRODUCT COMPLEXITY IN Fish, crustaceans, & molluscs-0.55Rnk 711 / 1025
2022
Imports $2.57BWorld Rnk 14 / 225
Flag Rnk 9 / 96
2022
Origin $59.9M Spain
2021 - 2022
FASTEST GROWING ORIGIN $59.9MRussia
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $815M in Fish, crustaceans, & molluscs, making it the 33rd largest exporter of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 26th most exported product in Portugal. The main destination of Fish, crustaceans, & molluscs exports from Portugal are: Spain ($452M), Brazil ($75.1M), Italy ($74.1M), France ($55.9M), and China ($19.2M).

The fastest growing export markets for Fish, crustaceans, & molluscs of Portugal between 2021 and 2022 were Italy ($12.8M), Brazil ($7.05M), and Angola ($4.32M).

Imports In 2022, Portugal imported $2.57B in Fish, crustaceans, & molluscs, becoming the 14th largest importer of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 9th most imported product in Portugal. Portugal imports Fish, crustaceans, & molluscs primarily from: Spain ($735M), Norway ($429M), Sweden ($270M), Netherlands ($202M), and China ($106M).

The fastest growing import markets in Fish, crustaceans, & molluscs for Portugal between 2021 and 2022 were Russia ($59.9M), Spain ($52.1M), and Netherlands ($49.6M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (5) and Wismettac Asian Foods (1) were at the forefront of shipping Fish, crustaceans, & molluscs from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Fish, crustaceans, & molluscs exports accounted up to €93.5M and imports accounted up to €195M, resulting in a negative trade balance of €101M. Between August 2023 and August 2024 the exports of Portugal's   Fish, crustaceans, & molluscs have increased by €10.6M (12.8%) from €82.9M to €93.5M, while imports increased by €36.6M (23.2%) from €158M to €195M.

Destinations In August 2024, Fish, crustaceans, & molluscs were exported mostly to Spain (€61.4M), Italy (€8.38M), Brazil (€7.14M), France (€4.34M), and China (€2.33M), and were imported mostly from Spain (€88.1M), Russia (€11.4M), Sweden (€11M), China (€8.16M), and Ecuador (€7.99M).

Growth In August 2024, the increase in Fish, crustaceans, & molluscs's year-by-year exports was explained primarily by an increase in exports to Brazil (€7.56M or 143%), Spain (€5.54M or 15.1%), and Italy (€2.37M or 46.4%). In August 2024, the increase in Fish, crustaceans, & molluscs's year-by-year imports was explained primarily by an increase in imports from Spain (€9.99M or 17.9%), Netherlands (€5.75M or 71.7%), and Sweden (€3.26M or 31%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€10.6M(12.8%)
IMPORT GROWTH (August 2023 - August 2024)€36.6M(23.2%)
MAIN DESTINATION (August 2024)Spain€61.4M

This section shows Fish, crustaceans, & molluscs'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 Fish, crustaceans, & molluscs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$815M
IMPORTS (2022)$2.57B
NET TRADE (2022)-$1.76B

In 2022, Portugal exported $815M in Fish, crustaceans, & molluscs. The main destinations of Portugal exports on Fish, crustaceans, & molluscs were Spain ($452M), Brazil ($75.1M), Italy ($74.1M), France ($55.9M), and China ($19.2M).

In 2022, Portugal imported $2.57B in Fish, crustaceans, & molluscs, mainly from Spain ($735M), Norway ($429M), Sweden ($270M), Netherlands ($202M), and China ($106M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fish, crustaceans, & molluscs EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Italy$12.8M (20.9%)
Brazil$7.05M (10.4%)
Angola$4.32M (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish, crustaceans, & molluscs BY Portugal WERE (2021 - 2022):
Spain-$26.6M (-5.56%)
France-$3.88M (-6.49%)
Egypt-$1.21M (-61.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Fish, crustaceans, & molluscs were:
Norway $15.6B
China $10.9B
Ecuador $8.43B
In 2022, Portugal's main importing competitors in Fish, crustaceans, & molluscs were:
United States $22.9B
China $17.7B
Japan $10.4B

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Trade Value of Fish, crustaceans, & molluscs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.8M
TOP IMPORT POTENTIALIndia+ $24.4M

Fish, crustaceans, & molluscs’s highest export potential is United States. With an export gap of $25.8M.   Fish, crustaceans, & molluscs’s highest import potential is India with an import gap of $24.4M.

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