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2022
Exports $153MWorld Rnk 49 / 201
Flag Rnk 62 / 96
2022
Destination $36.4M Spain
2021 - 2022
FASTEST GROWING MARKET $36.4MSpain
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries-0.11Rnk 587 / 1025
2022
Imports $312MWorld Rnk 51 / 224
Flag Rnk 58 / 96
2022
Origin $29.1M Spain
2021 - 2022
FASTEST GROWING ORIGIN $29.1MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $153M in Sugars & confectioneries, making it the 49th largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 62nd most exported product in Portugal. The main destination of Sugars & confectioneries exports from Portugal are: Spain ($126M), Poland ($5.58M), France ($3.87M), Angola ($3.72M), and United Kingdom ($1.41M).

The fastest growing export markets for Sugars & confectioneries of Portugal between 2021 and 2022 were Spain ($36.4M), Angola ($1.61M), and Greece ($1.06M).

Imports In 2022, Portugal imported $312M in Sugars & confectioneries, becoming the 51st largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 58th most imported product in Portugal. Portugal imports Sugars & confectioneries primarily from: Spain ($82.7M), Brazil ($77.2M), France ($37.3M), Cuba ($26.9M), and Germany ($15.1M).

The fastest growing import markets in Sugars & confectioneries for Portugal between 2021 and 2022 were Spain ($29.1M), South Africa ($14.9M), and France ($13.1M).

COMPANIES In 2023, leading companies such as IKEA Group (253), Barry Callebaut (1), and Busa Distribution Center (1) were at the forefront of shipping Sugars & confectioneries from Portugal to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Portugal's Sugars & confectioneries exports accounted up to €29.3M and imports accounted up to €45M, resulting in a negative trade balance of €15.7M. Between September 2023 and September 2024 the exports of Portugal's   Sugars & confectioneries have increased by €6.93M (30.9%) from €22.4M to €29.3M, while imports increased by €18.9M (72.6%) from €26.1M to €45M.

Destinations In September 2024, Sugars & confectioneries were exported mostly to Spain (€26M), France (€594k), Angola (€414k), United Kingdom (€318k), and United States (€255k), and were imported mostly from Spain (€20.8M), Brazil (€7.57M), Belgium (€3.78M), Germany (€3.64M), and Poland (€1.16M).

Growth In September 2024, the increase in Sugars & confectioneries's year-by-year exports was explained primarily by an increase in exports to Spain (€11.5M or 179%), Netherlands (€128k or 2.33k%), and France (€81.5k or 47%). In September 2024, the increase in Sugars & confectioneries's year-by-year imports was explained primarily by an increase in imports from Mauritius (€4.36M or 2.32k%), Spain (€3.06M or 62.6%), and Brazil (€2.74M or 39.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€6.93M(30.9%)
IMPORT GROWTH (September 2023 - September 2024)€18.9M(72.6%)
MAIN DESTINATION (September 2024)Spain€26M

This section shows Sugars & confectioneries'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 Sugars & confectioneries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$153M
IMPORTS (2022)$312M
NET TRADE (2022)-$159M

In 2022, Portugal exported $153M in Sugars & confectioneries. The main destinations of Portugal exports on Sugars & confectioneries were Spain ($126M), Poland ($5.58M), France ($3.87M), Angola ($3.72M), and United Kingdom ($1.41M).

In 2022, Portugal imported $312M in Sugars & confectioneries, mainly from Spain ($82.7M), Brazil ($77.2M), France ($37.3M), Cuba ($26.9M), and Germany ($15.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$36.4M (40.6%)
Angola$1.61M (76.2%)
Greece$1.06M (1.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Portugal WERE (2021 - 2022):
Poland-$20.4M (-78.5%)
United Kingdom-$6.2M (-81.5%)
Finland-$855k (-97.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
Thailand $3.94B
In 2022, Portugal's main importing competitors in Sugars & confectioneries were:
United States $6.03B
China $3.19B
Indonesia $2.8B

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.63M
TOP IMPORT POTENTIALBrazil+ $4.82M

Sugars & confectioneries’s highest export potential is France. With an export gap of $2.63M.   Sugars & confectioneries’s highest import potential is Brazil with an import gap of $4.82M.

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