2022
Exports
$183MWorld Rnk 47 / 195
Flag Rnk 58 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$1.41BWorld Rnk 35 / 222
Flag Rnk 19 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $183M in Cereals, making it the 47th largest exporter of Cereals in the world. At the same year, Cereals was the 58th most exported product in Portugal. The main destination of Cereals exports from Portugal are: Spain ($98.3M), Jordan ($37M), France ($7.5M), Saudi Arabia ($6.04M), and United Kingdom ($5.21M).

The fastest growing export markets for Cereals of Portugal between 2021 and 2022 were Spain ($58.8M), Jordan ($12.1M), and Saudi Arabia ($4.4M).

Imports In 2022, Portugal imported $1.41B in Cereals, becoming the 35th 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: Brazil ($301M), France ($299M), Spain ($120M), Guyana ($117M), and Canada ($88.9M).

The fastest growing import markets in Cereals for Portugal between 2021 and 2022 were Brazil ($182M), France ($92.6M), and Canada ($51.2M).

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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-6.6M(-47.3%)
IMPORT GROWTH (August 2023 - August 2024)€-60M(-45.5%)
MAIN DESTINATION (August 2024)Spain€2.59M

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 (2022)$183M
IMPORTS (2022)$1.41B
NET TRADE (2022)-$1.22B

In 2022, Portugal exported $183M in Cereals. The main destinations of Portugal exports on Cereals were Spain ($98.3M), Jordan ($37M), France ($7.5M), Saudi Arabia ($6.04M), and United Kingdom ($5.21M).

In 2022, Portugal imported $1.41B in Cereals, mainly from Brazil ($301M), France ($299M), Spain ($120M), Guyana ($117M), and Canada ($88.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$58.8M (149%)
Jordan$12.1M (48.7%)
Saudi Arabia$4.4M (268%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Portugal WERE (2021 - 2022):
Angola-$2.5M (-74.7%)
Mozambique-$2.32M (-97%)
United Kingdom-$1.39M (-21%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Cereals were:
In 2022, Portugal's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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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.

See methodology.

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