2022
Exports
$6.05MWorld Rnk 57 / 133
Flag Rnk 652 / 1216
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$407MWorld Rnk 46 / 194
Flag Rnk 49 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $6.05M in Wheat, making it the 57th largest exporter of Wheat in the world. At the same year, Wheat was the 652nd most exported product in Portugal. The main destination of Wheat exports from Portugal are: Spain ($5.73M), Netherlands ($191k), France ($118k), Mozambique ($4.13k), and United Kingdom ($1k).

The fastest growing export markets for Wheat of Portugal between 2021 and 2022 were Spain ($3.93M), France ($81.7k), and Morocco ($393).

Imports In 2022, Portugal imported $407M in Wheat, becoming the 46th largest importer of Wheat in the world. At the same year, Wheat was the 49th most imported product in Portugal. Portugal imports Wheat primarily from: France ($240M), Spain ($35.8M), Poland ($31.8M), Canada ($27.6M), and United Kingdom ($21.6M).

The fastest growing import markets in Wheat for Portugal between 2021 and 2022 were France ($85.1M), Canada ($22.2M), and United Kingdom ($13.3M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Wheat from Portugal to the United States.

Latest Trends

Sep 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 Wheat. 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)$6.05M
IMPORTS (2022)$407M
NET TRADE (2022)-$401M

In 2022, Portugal exported $6.05M in Wheat. The main destinations of Portugal exports on Wheat were Spain ($5.73M), Netherlands ($191k), France ($118k), Mozambique ($4.13k), and United Kingdom ($1k).

In 2022, Portugal imported $407M in Wheat, mainly from France ($240M), Spain ($35.8M), Poland ($31.8M), Canada ($27.6M), and United Kingdom ($21.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$3.93M (218%)
France$81.7k (222%)
Morocco$393 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Portugal WERE (2021 - 2022):
Mozambique-$2.34M (-99.8%)
Angola-$2.3M (-100%)
Netherlands-$1.51M (-88.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Wheat were:
In 2022, Portugal's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.6M
TOP IMPORT POTENTIALCanada+ $12.7M

Wheat’s highest export potential is Spain. With an export gap of $2.6M.   Wheat’s highest import potential is Canada with an import gap of $12.7M.

See methodology.

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