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2023
Exports $4.17MWorld Rnk 24 / 116
Flag Rnk 708 / 1213
2023
Destination $1.06M Netherlands
2022 - 2023
FASTEST GROWING MARKET $1.06MSaudi Arabia
2023
PRODUCT COMPLEXITY IN Peat0.017Rnk 552 / 1025
2023
Imports $12.7MWorld Rnk 28 / 198
Flag Rnk 674 / 1211
2023
Origin $951k Germany
2022 - 2023
FASTEST GROWING ORIGIN $951kGermany
2023
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $4.17M in Peat, making it the 24th largest exporter of Peat in the world. At the same year, Peat was the 708th most exported product in Portugal. The main destination of Peat exports from Portugal are: Netherlands ($2.4M), Saudi Arabia ($1.06M), United Arab Emirates ($501k), Angola ($61k), and United States ($48.6k).

The fastest growing export markets for Peat of Portugal between 2022 and 2023 were Saudi Arabia ($1.06M), United Arab Emirates ($501k), and United States ($48.6k).

Imports In 2023, Portugal imported $12.7M in Peat, becoming the 28th largest importer of Peat in the world. At the same year, Peat was the 674th most imported product in Portugal. Portugal imports Peat primarily from: Germany ($4.62M), Spain ($3.02M), Netherlands ($2.77M), Estonia ($761k), and Ireland ($548k).

The fastest growing import markets in Peat for Portugal between 2022 and 2023 were Germany ($951k), Belgium ($312k), and Spain ($254k).

Latest Trends

Jan 2025

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 Peat. 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)$4.17M
IMPORTS (2023)$12.7M
NET TRADE (2023)-$8.52M

In 2023, Portugal exported $4.17M in Peat. The main destinations of Portugal exports on Peat were Netherlands ($2.4M), Saudi Arabia ($1.06M), United Arab Emirates ($501k), Angola ($61k), and United States ($48.6k).

In 2023, Portugal imported $12.7M in Peat, mainly from Germany ($4.62M), Spain ($3.02M), Netherlands ($2.77M), Estonia ($761k), and Ireland ($548k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Saudi Arabia$1.06M (1%)
United Arab Emirates$501k (1%)
United States$48.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Portugal WERE (2022 - 2023):
Netherlands-$3.57M (-59.8%)
Angola-$213k (-77.8%)
Spain-$59k (-79.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Peat were:
Canada $490M
Latvia $310M
Germany $212M
In 2023, Portugal's main importing competitors in Peat were:
United States $493M
Netherlands $163M
China $109M

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $110k
TOP IMPORT POTENTIALLatvia+ $186k

Peat’s highest export potential is Spain. With an export gap of $110k.   Peat’s highest import potential is Latvia with an import gap of $186k.

See methodology.

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