2022
Exports
$994MWorld Rnk 9 / 196
Flag Rnk 12 / 1216
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$202MWorld Rnk 31 / 225
Flag Rnk 123 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $994M in Wine, making it the 9th largest exporter of Wine in the world. At the same year, Wine was the 12th most exported product in Portugal. The main destination of Wine exports from Portugal are: United States ($120M), France ($112M), United Kingdom ($98.1M), Brazil ($72M), and Canada ($55.4M).

The fastest growing export markets for Wine of Portugal between 2021 and 2022 were Angola ($23.2M), Lithuania ($3.11M), and United Arab Emirates ($2.61M).

Imports In 2022, Portugal imported $202M in Wine, becoming the 31st largest importer of Wine in the world. At the same year, Wine was the 123rd most imported product in Portugal. Portugal imports Wine primarily from: Spain ($136M), France ($38.4M), Italy ($17.9M), Germany ($4.09M), and Netherlands ($1.02M).

The fastest growing import markets in Wine for Portugal between 2021 and 2022 were France ($6.72M), Denmark ($398k), and South Africa ($315k).

COMPANIES In 2023, leading companies such as MISA Imports (112), Palm Bay International (37), and Cardinal Wine Group (2) were at the forefront of shipping Wine 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 Wine. 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)$994M
IMPORTS (2022)$202M
NET TRADE (2022)$792M

In 2022, Portugal exported $994M in Wine. The main destinations of Portugal exports on Wine were United States ($120M), France ($112M), United Kingdom ($98.1M), Brazil ($72M), and Canada ($55.4M).

In 2022, Portugal imported $202M in Wine, mainly from Spain ($136M), France ($38.4M), Italy ($17.9M), Germany ($4.09M), and Netherlands ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$23.2M (81.8%)
Lithuania$3.11M (40.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Portugal WERE (2021 - 2022):
France-$19.6M (-14.9%)
United Kingdom-$18.3M (-15.7%)
Brazil-$11.4M (-13.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Portugal's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.2M
TOP IMPORT POTENTIALFrance+ $12.3M

Wine’s highest export potential is United States. With an export gap of $37.2M.   Wine’s highest import potential is France with an import gap of $12.3M.

See methodology.

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