Preparations of cereals, flour, starch or milk in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $498M in Preparations of cereals, flour, starch or milk, making it the 36th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 34th most exported product in Portugal. The main destination of Preparations of cereals, flour, starch or milk exports from Portugal are: Spain ($167M), United Kingdom ($55.4M), France ($42.3M), Angola ($22.3M), and Netherlands ($18.8M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of Portugal between 2021 and 2022 were Spain ($18.1M), United Kingdom ($10.1M), and Angola ($4.88M).

Imports In 2022, Portugal imported $819M in Preparations of cereals, flour, starch or milk, becoming the 28th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 30th most imported product in Portugal. Portugal imports Preparations of cereals, flour, starch or milk primarily from: Spain ($445M), France ($99M), Germany ($88.9M), Italy ($54.4M), and Belgium ($28.5M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for Portugal between 2021 and 2022 were Spain ($18.5M), France ($11.9M), and Germany ($11M).

COMPANIES In 2023, leading companies such as Prodotti Mediterranei (309), Barilla (55), and IKEA Group (50) were at the forefront of shipping Preparations of cereals, flour, starch or milk from Portugal to the United States.

Latest Trends

September 2024

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Overview In September 2024 Portugal's Preparations of cereals, flour, starch or milk exports accounted up to €94.7M and imports accounted up to €174M, resulting in a negative trade balance of €79.2M. Between September 2023 and September 2024 the exports of Portugal's Preparations of cereals, flour, starch or milk have increased by €50.5M (114%) from €44.2M to €94.7M, while imports increased by €93.2M (115%) from €80.8M to €174M.

Destinations In September 2024, Preparations of cereals, flour, starch or milk were exported mostly to Spain (€35.9M), United Kingdom (€10.4M), France (€9.4M), United States (€4.85M), and Germany (€2.25M), and were imported mostly from Spain (€102M), France (€18.1M), Germany (€16.6M), Italy (€15M), and Belgium (€4.29M).

Growth In September 2024, the increase in Preparations of cereals, flour, starch or milk's year-by-year exports was explained primarily by an increase in exports to Spain (€3.39M or 30.9%), France (€1.22M or 45.9%), and United Kingdom (€1.11M or 39.2%). In September 2024, the increase in Preparations of cereals, flour, starch or milk's year-by-year imports was explained primarily by an increase in imports from Spain (€11.8M or 37%), Germany (€1.55M or 30.1%), and France (€1.12M or 18.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)€50.5M(114%)

IMPORT GROWTH (September 2023 - September 2024)€93.2M(115%)

MAIN DESTINATION (September 2024)Spain€35.9M

This section shows Preparations of cereals, flour, starch or milk'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 Preparations of cereals, flour, starch or milk over time.

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