2018
Exports
$78.7MWorld Rnk 37 / 176
Flag Rnk 210 / 1213
2023
PRODUCT COMPLEXITY IN Cheese
-0.12Rnk 596 / 1025
2018
Imports
$396MWorld Rnk 26 / 225
Flag Rnk 56 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2018, Portugal exported $78.7M in Cheese, making it the 37th largest exporter of Cheese in the world. At the same year, Cheese was the 210th most exported product in Portugal. The main destination of Cheese exports from Portugal are: Spain ($34.1M), Angola ($12.3M), Switzerland ($5.61M), France ($4.12M), and United States ($3.89M).

The fastest growing export markets for Cheese of Portugal between 2022 and 2023 were Spain ($11.9M), Angola ($949k), and Saudi Arabia ($623k).

Imports In 2023, Portugal imported $396M in Cheese, becoming the 26th largest importer of Cheese in the world. At the same year, Cheese was the 56th most imported product in Portugal. Portugal imports Cheese primarily from: Spain ($159M), Germany ($64.3M), France ($56.9M), Netherlands ($41.7M), and Italy ($31.4M).

The fastest growing import markets in Cheese for Portugal between 2022 and 2023 were Spain ($27.5M), Germany ($10.7M), and Italy ($3.71M).

Latest Trends

Dec 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 Cheese. 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 (2023)$78.7M
IMPORTS (2023)$396M
NET TRADE (2023)-$318M

In 2023, Portugal exported $78.7M in Cheese. The main destinations of Portugal exports on Cheese were Spain ($34.1M), Angola ($12.3M), Switzerland ($5.61M), France ($4.12M), and United States ($3.89M).

In 2023, Portugal imported $396M in Cheese, mainly from Spain ($159M), Germany ($64.3M), France ($56.9M), Netherlands ($41.7M), and Italy ($31.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$11.9M (53.4%)
Angola$949k (8.35%)
Saudi Arabia$623k (1.38k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Portugal WERE (2022 - 2023):
Netherlands-$1.19M (-37%)
Germany-$916k (-44.8%)
Poland-$575k (-36%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Cheese were:
In 2023, Portugal's main importing competitors in Cheese were:
Germany $5.58B
France $3.02B
Italy $2.84B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $8.56M
TOP IMPORT POTENTIALItaly+ $9.64M

Cheese’s highest export potential is Spain. With an export gap of $8.56M.   Cheese’s highest import potential is Italy with an import gap of $9.64M.

See methodology.

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