2023
Exports
$206MWorld Rnk 48 / 195
Flag Rnk 56 / 96
2023
PRODUCT COMPLEXITY IN Cereals
-0.28Rnk 640 / 1025
2023
Imports
$1.42BWorld Rnk 32 / 224
Flag Rnk 19 / 96
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $206M in Cereals, making it the 48th largest exporter of Cereals in the world. At the same year, Cereals was the 56th most exported product in Portugal. The main destination of Cereals exports from Portugal are: Spain ($113M), Jordan ($33.7M), United Kingdom ($14.2M), France ($7.01M), and Netherlands ($5.85M).

The fastest growing export markets for Cereals of Portugal between 2022 and 2023 were Spain ($22.4M), United Kingdom ($9.19M), and Italy ($4M).

Imports In 2023, Portugal imported $1.42B in Cereals, becoming the 32nd largest importer of Cereals in the world. At the same year, Cereals was the 19th most imported product in Portugal. Portugal imports Cereals primarily from: France ($257M), Ukraine ($256M), Brazil ($150M), Spain ($117M), and Canada ($90.8M).

The fastest growing import markets in Cereals for Portugal between 2022 and 2023 were Ukraine ($159M), Poland ($33.6M), and Latvia ($32.7M).

COMPANIES In 2023, leading companies such as Riviana Foods (11), IKEA Group (2), and Prime Line Coffee (1) were at the forefront of shipping Cereals from Portugal to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-2.57M(-14.1%)
IMPORT GROWTH (November 2023 - November 2024)€-52.3M(-46.4%)
MAIN DESTINATION (November 2024)Spain€7.75M

This section shows Cereals'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 Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$206M
IMPORTS (2023)$1.42B
NET TRADE (2023)-$1.22B

In 2023, Portugal exported $206M in Cereals. The main destinations of Portugal exports on Cereals were Spain ($113M), Jordan ($33.7M), United Kingdom ($14.2M), France ($7.01M), and Netherlands ($5.85M).

In 2023, Portugal imported $1.42B in Cereals, mainly from France ($257M), Ukraine ($256M), Brazil ($150M), Spain ($117M), and Canada ($90.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$22.4M (24.7%)
United Kingdom$9.19M (184%)
Italy$4M (555%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Portugal WERE (2022 - 2023):
Jordan-$5.77M (-14.6%)
Saudi Arabia-$1.81M (-38%)
Palestine-$1.23M (-88.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Portugal's main exporting competitors in Cereals were:
In 2023, Portugal's main importing competitors in Cereals were:
Japan $7.63B
Mexico $7.39B

Explore Visualizations

Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $12.1M
TOP IMPORT POTENTIALUnited States+ $25.4M

Cereals’s highest export potential is Spain. With an export gap of $12.1M.   Cereals’s highest import potential is United States with an import gap of $25.4M.

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