2022
Exports
$80.8MWorld Rnk 27 / 151
Flag Rnk 206 / 1216
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$62.7MWorld Rnk 29 / 221
Flag Rnk 321 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $80.8M in Milk, making it the 27th largest exporter of Milk in the world. At the same year, Milk was the 206th most exported product in Portugal. The main destination of Milk exports from Portugal are: Spain ($54.5M), Angola ($8.99M), Cape Verde ($7.71M), France ($2.6M), and Ireland ($966k).

The fastest growing export markets for Milk of Portugal between 2021 and 2022 were Spain ($7.1M), Angola ($1.66M), and Cape Verde ($1.27M).

Imports In 2022, Portugal imported $62.7M in Milk, becoming the 29th largest importer of Milk in the world. At the same year, Milk was the 321st most imported product in Portugal. Portugal imports Milk primarily from: Spain ($58.8M), France ($2.29M), Germany ($803k), Netherlands ($466k), and Belgium ($159k).

The fastest growing import markets in Milk for Portugal between 2021 and 2022 were Spain ($9.51M), Netherlands ($192k), and Estonia ($12.2k).

COMPANIES In 2023, leading companies such as IKEA Group (3) were at the forefront of shipping Milk from Portugal to the United States.

Latest Trends

Jul 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 Milk. 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)$80.8M
IMPORTS (2022)$62.7M
NET TRADE (2022)$18.1M

In 2022, Portugal exported $80.8M in Milk. The main destinations of Portugal exports on Milk were Spain ($54.5M), Angola ($8.99M), Cape Verde ($7.71M), France ($2.6M), and Ireland ($966k).

In 2022, Portugal imported $62.7M in Milk, mainly from Spain ($58.8M), France ($2.29M), Germany ($803k), Netherlands ($466k), and Belgium ($159k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$7.1M (15%)
Angola$1.66M (22.7%)
Cape Verde$1.27M (19.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Portugal WERE (2021 - 2022):
Poland-$567k (-87.9%)
China-$384k (-35.4%)
Sao Tome and Principe-$298k (-27.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Milk were:
In 2022, Portugal's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.01M
TOP IMPORT POTENTIALFrance+ $1.43M

Milk’s highest export potential is France. With an export gap of $2.01M.   Milk’s highest import potential is France with an import gap of $1.43M.

See methodology.

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