2023
Exports
$18.1MWorld Rnk 24 / 171
Flag Rnk 453 / 1213
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$22.1MWorld Rnk 19 / 213
Flag Rnk 541 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $18.1M in Honey, making it the 24th largest exporter of Honey in the world. At the same year, Honey was the 453rd most exported product in Portugal. The main destination of Honey exports from Portugal are: Spain ($14.5M), Germany ($890k), Italy ($677k), United Kingdom ($446k), and United States ($364k).

The fastest growing export markets for Honey of Portugal between 2022 and 2023 were Italy ($677k), France ($223k), and United Kingdom ($209k).

Imports In 2023, Portugal imported $22.1M in Honey, becoming the 19th largest importer of Honey in the world. At the same year, Honey was the 541st most imported product in Portugal. Portugal imports Honey primarily from: Spain ($9.34M), China ($7.82M), Germany ($1.85M), Argentina ($1.06M), and Cuba ($710k).

The fastest growing import markets in Honey for Portugal between 2022 and 2023 were China ($2.47M), Spain ($1.53M), and Argentina ($675k).

Latest Trends

Jan 2025

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 Honey. 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)$18.1M
IMPORTS (2023)$22.1M
NET TRADE (2023)-$3.98M

In 2023, Portugal exported $18.1M in Honey. The main destinations of Portugal exports on Honey were Spain ($14.5M), Germany ($890k), Italy ($677k), United Kingdom ($446k), and United States ($364k).

In 2023, Portugal imported $22.1M in Honey, mainly from Spain ($9.34M), China ($7.82M), Germany ($1.85M), Argentina ($1.06M), and Cuba ($710k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Italy$677k (242k%)
France$223k (266%)
United Kingdom$209k (88.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Portugal WERE (2022 - 2023):
Spain-$5.47M (-27.4%)
Ireland-$164k (-88.3%)
Czechia-$113k (-97.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Honey were:
In 2023, Portugal's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $777k
TOP IMPORT POTENTIALIndia+ $503k

Honey’s highest export potential is Germany. With an export gap of $777k.   Honey’s highest import potential is India with an import gap of $503k.

See methodology.

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