2022
Exports
$75.3MWorld Rnk 33 / 160
Flag Rnk 216 / 1216
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$617MWorld Rnk 26 / 212
Flag Rnk 23 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $75.3M in Corn, making it the 33rd largest exporter of Corn in the world. At the same year, Corn was the 216th most exported product in Portugal. The main destination of Corn exports from Portugal are: Spain ($69.9M), France ($3.37M), Cape Verde ($1.25M), Netherlands ($244k), and Angola ($169k).

The fastest growing export markets for Corn of Portugal between 2021 and 2022 were Spain ($45.7M), Cape Verde ($1.04M), and France ($340k).

Imports In 2022, Portugal imported $617M in Corn, becoming the 26th largest importer of Corn in the world. At the same year, Corn was the 23rd most imported product in Portugal. Portugal imports Corn primarily from: Brazil ($288M), Romania ($75.9M), Ukraine ($73.7M), Canada ($58.4M), and Spain ($25.7M).

The fastest growing import markets in Corn for Portugal between 2021 and 2022 were Brazil ($170M), Canada ($28.1M), and South Africa ($16.3M).

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 Corn. 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)$75.3M
IMPORTS (2022)$617M
NET TRADE (2022)-$542M

In 2022, Portugal exported $75.3M in Corn. The main destinations of Portugal exports on Corn were Spain ($69.9M), France ($3.37M), Cape Verde ($1.25M), Netherlands ($244k), and Angola ($169k).

In 2022, Portugal imported $617M in Corn, mainly from Brazil ($288M), Romania ($75.9M), Ukraine ($73.7M), Canada ($58.4M), and Spain ($25.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$45.7M (189%)
Cape Verde$1.04M (491%)
France$340k (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Portugal WERE (2021 - 2022):
Italy-$164k (-75.3%)
Angola-$152k (-47.4%)
Denmark-$62.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Corn were:
In 2022, Portugal's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $5.84M
TOP IMPORT POTENTIALUnited States+ $13.3M

Corn’s highest export potential is Spain. With an export gap of $5.84M.   Corn’s highest import potential is United States with an import gap of $13.3M.

See methodology.

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