Fish, crustaceans, & molluscs in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $815M in Fish, crustaceans, & molluscs, making it the 33rd largest exporter of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 26th most exported product in Portugal. The main destination of Fish, crustaceans, & molluscs exports from Portugal are: Spain ($452M), Brazil ($75.1M), Italy ($74.1M), France ($55.9M), and China ($19.2M).

The fastest growing export markets for Fish, crustaceans, & molluscs of Portugal between 2021 and 2022 were Italy ($12.8M), Brazil ($7.05M), and Angola ($4.32M).

Imports In 2022, Portugal imported $2.57B in Fish, crustaceans, & molluscs, becoming the 14th largest importer of Fish, crustaceans, & molluscs in the world. At the same year, Fish, crustaceans, & molluscs was the 9th most imported product in Portugal. Portugal imports Fish, crustaceans, & molluscs primarily from: Spain ($735M), Norway ($429M), Sweden ($270M), Netherlands ($202M), and China ($106M).

The fastest growing import markets in Fish, crustaceans, & molluscs for Portugal between 2021 and 2022 were Russia ($59.9M), Spain ($52.1M), and Netherlands ($49.6M).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (70) were at the forefront of shipping Fish, crustaceans, & molluscs from Portugal to the United States.

Latest Trends

January 2024

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Overview In January 2024 Portugal's Fish, crustaceans, & molluscs exports accounted up to €72.3M and imports accounted up to €137M, resulting in a negative trade balance of €64.6M. Between January 2023 and January 2024 the exports of Portugal's Fish, crustaceans, & molluscs have decreased by €-4.51M (-5.87%) from €76.8M to €72.3M, while imports decreased by €-19.4M (-12.4%) from €156M to €137M.

Destinations In January 2024, Fish, crustaceans, & molluscs were exported mostly to Spain (€39.5M), Brazil (€13.6M), Italy (€5.52M), France (€3.63M), and United States (€1.33M), and were imported mostly from Spain (€63.3M), Netherlands (€13.4M), Denmark (€6.98M), China (€5.74M), and Ecuador (€5.14M).

Growth In January 2024, the decrease in Fish, crustaceans, & molluscs's year-by-year exports was explained primarily by a decrease in exports to France (€-623k or -12.4%), United States (€-322k or -16.1%), and Uruguay (€-231k or -100%). In January 2024, the decrease in Fish, crustaceans, & molluscs's year-by-year imports was explained primarily by a decrease in imports from India (€-3M or -44.2%), Mexico (€-2.1M or -97.8%), and Mauritania (€-1.61M or -100%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-4.51M(-5.87%)

IMPORT GROWTH (January 2023 - January 2024)€-19.4M(-12.4%)

MAIN DESTINATION (January 2024)Spain€39.5M

This section shows Fish, crustaceans, & molluscs'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 Fish, crustaceans, & molluscs over time.

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