2022
Exports
$52.2MWorld Rnk 20 / 148
Flag Rnk 270 / 1216
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$26.9MWorld Rnk 53 / 220
Flag Rnk 498 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $52.2M in Butter, making it the 20th largest exporter of Butter in the world. At the same year, Butter was the 270th most exported product in Portugal. The main destination of Butter exports from Portugal are: France ($14.8M), Netherlands ($9.73M), Spain ($8.45M), Saudi Arabia ($5.25M), and Morocco ($5.15M).

The fastest growing export markets for Butter of Portugal between 2021 and 2022 were Saudi Arabia ($1.41M), Angola ($1.02M), and Egypt ($955k).

Imports In 2022, Portugal imported $26.9M in Butter, becoming the 53rd largest importer of Butter in the world. At the same year, Butter was the 498th most imported product in Portugal. Portugal imports Butter primarily from: Spain ($11.8M), Germany ($3.68M), Netherlands ($3.31M), Finland ($2.45M), and France ($2.16M).

The fastest growing import markets in Butter for Portugal between 2021 and 2022 were Spain ($4.98M), Netherlands ($2.5M), and Finland ($1.43M).

Latest Trends

Oct 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 Butter. 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)$52.2M
IMPORTS (2022)$26.9M
NET TRADE (2022)$25.3M

In 2022, Portugal exported $52.2M in Butter. The main destinations of Portugal exports on Butter were France ($14.8M), Netherlands ($9.73M), Spain ($8.45M), Saudi Arabia ($5.25M), and Morocco ($5.15M).

In 2022, Portugal imported $26.9M in Butter, mainly from Spain ($11.8M), Germany ($3.68M), Netherlands ($3.31M), Finland ($2.45M), and France ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Saudi Arabia$1.41M (36.9%)
Angola$1.02M (48.5%)
Egypt$955k (277%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Portugal WERE (2021 - 2022):
Netherlands-$12.7M (-56.7%)
Morocco-$7.97M (-60.7%)
Belgium-$3.23M (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Butter were:
In 2022, Portugal's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.37M
TOP IMPORT POTENTIALNetherlands+ $1.4M

Butter’s highest export potential is Spain. With an export gap of $2.37M.   Butter’s highest import potential is Netherlands with an import gap of $1.4M.

See methodology.

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