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2022
Exports $309MWorld Rnk 51 / 175
Flag Rnk 47 / 96
2022
Destination $47.5M Spain
2021 - 2022
FASTEST GROWING MARKET $47.5MSpain
2022
PRODUCT COMPLEXITY IN Fertilizers-0.82Rnk 785 / 1025
2022
Imports $438MWorld Rnk 54 / 223
Flag Rnk 46 / 96
2022
Origin $113M Spain
2021 - 2022
FASTEST GROWING ORIGIN $113MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $309M in Fertilizers, making it the 51st largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 47th most exported product in Portugal. The main destination of Fertilizers exports from Portugal are: Spain ($174M), France ($44.5M), Ireland ($26.3M), United Kingdom ($12.4M), and Angola ($7.43M).

The fastest growing export markets for Fertilizers of Portugal between 2021 and 2022 were Spain ($47.5M), France ($30.7M), and Ireland ($23.7M).

Imports In 2022, Portugal imported $438M in Fertilizers, becoming the 54th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 46th most imported product in Portugal. Portugal imports Fertilizers primarily from: Spain ($275M), Egypt ($28.8M), Algeria ($28M), Belgium ($21M), and Russia ($16.3M).

The fastest growing import markets in Fertilizers for Portugal between 2021 and 2022 were Spain ($113M), Algeria ($20.2M), and Russia ($12.7M).

COMPANIES In 2023, leading companies such as IKEA Group (9) and Barry Callebaut (3) were at the forefront of shipping Fertilizers from Portugal to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Fertilizers exports accounted up to €20.3M and imports accounted up to €22.2M, resulting in a negative trade balance of €1.9M. Between August 2023 and August 2024 the exports of Portugal's   Fertilizers have increased by €6.85M (50.9%) from €13.5M to €20.3M, while imports increased by €5.45M (32.5%) from €16.8M to €22.2M.

Destinations In August 2024, Fertilizers were exported mostly to Spain (€8.61M), France (€4.07M), Algeria (€3.69M), United Kingdom (€1.53M), and Australia (€812k), and were imported mostly from Spain (€14.5M), Morocco (€4.58M), Russia (€1.21M), Algeria (€683k), and France (€181k).

Growth In August 2024, the increase in Fertilizers's year-by-year exports was explained primarily by an increase in exports to Germany (€1.95M or 3.62k%), Morocco (€393k or 430%), and Tunisia (€49.3k or 108%). In August 2024, the increase in Fertilizers's year-by-year imports was explained primarily by an increase in imports from Spain (€1.15M or 7.91%), Netherlands (€105k or 52.4%), and Italy (€48.3k or 36.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€6.85M(50.9%)
IMPORT GROWTH (August 2023 - August 2024)€5.45M(32.5%)
MAIN DESTINATION (August 2024)Spain€8.61M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$309M
IMPORTS (2022)$438M
NET TRADE (2022)-$130M

In 2022, Portugal exported $309M in Fertilizers. The main destinations of Portugal exports on Fertilizers were Spain ($174M), France ($44.5M), Ireland ($26.3M), United Kingdom ($12.4M), and Angola ($7.43M).

In 2022, Portugal imported $438M in Fertilizers, mainly from Spain ($275M), Egypt ($28.8M), Algeria ($28M), Belgium ($21M), and Russia ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$47.5M (37.5%)
France$30.7M (223%)
Ireland$23.7M (895%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Portugal WERE (2021 - 2022):
Belgium-$889k (-25.3%)
Cyprus-$749k (-100%)
Peru-$632k (-38.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Portugal's main importing competitors in Fertilizers were:
Brazil $22.5B
India $17B
United States $13.3B

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $8.69M
TOP IMPORT POTENTIALAlgeria+ $21M

Fertilizers’s highest export potential is France. With an export gap of $8.69M.   Fertilizers’s highest import potential is Algeria with an import gap of $21M.

See methodology.

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