2022
Exports
$25.2MWorld Rnk 26 / 176
Flag Rnk 392 / 1216
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$28.5MWorld Rnk 19 / 209
Flag Rnk 485 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $25.2M in Honey, making it the 26th largest exporter of Honey in the world. At the same year, Honey was the 392nd most exported product in Portugal. The main destination of Honey exports from Portugal are: Spain ($22.4M), Germany ($1.02M), United States ($262k), France ($211k), and Cape Verde ($170k).

The fastest growing export markets for Honey of Portugal between 2021 and 2022 were Spain ($7.62M), Czechia ($102k), and United States ($97.1k).

Imports In 2022, Portugal imported $28.5M in Honey, becoming the 19th largest importer of Honey in the world. At the same year, Honey was the 485th most imported product in Portugal. Portugal imports Honey primarily from: Spain ($7.61M), China ($5.93M), Cuba ($5.08M), Mexico ($3.72M), and Germany ($1.85M).

The fastest growing import markets in Honey for Portugal between 2021 and 2022 were Cuba ($2.06M), Spain ($1.97M), and Turkey ($1.03M).

Latest Trends

Jul 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 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 (2022)$25.2M
IMPORTS (2022)$28.5M
NET TRADE (2022)-$3.33M

In 2022, Portugal exported $25.2M in Honey. The main destinations of Portugal exports on Honey were Spain ($22.4M), Germany ($1.02M), United States ($262k), France ($211k), and Cape Verde ($170k).

In 2022, Portugal imported $28.5M in Honey, mainly from Spain ($7.61M), China ($5.93M), Cuba ($5.08M), Mexico ($3.72M), and Germany ($1.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$7.62M (51.7%)
Czechia$102k (20.9k%)
United States$97.1k (58.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Portugal WERE (2021 - 2022):
Germany-$497k (-32.7%)
France-$488k (-69.9%)
Netherlands-$310k (-94.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Honey were:
In 2022, 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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