2023
Exports
$70.2MWorld Rnk 23 / 162
Flag Rnk 223 / 1213
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$93.5MWorld Rnk 20 / 221
Flag Rnk 248 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $70.2M in Margarine, making it the 23rd largest exporter of Margarine in the world. At the same year, Margarine was the 223rd most exported product in Portugal. The main destination of Margarine exports from Portugal are: Spain ($38.9M), France ($11M), Netherlands ($4.38M), Cape Verde ($3.74M), and Angola ($2.52M).

The fastest growing export markets for Margarine of Portugal between 2022 and 2023 were Spain ($1.85M), Poland ($1.34M), and France ($832k).

Imports In 2023, Portugal imported $93.5M in Margarine, becoming the 20th largest importer of Margarine in the world. At the same year, Margarine was the 248th most imported product in Portugal. Portugal imports Margarine primarily from: Spain ($62M), Netherlands ($15M), Germany ($5.33M), Italy ($3.92M), and Belgium ($2.85M).

The fastest growing import markets in Margarine for Portugal between 2022 and 2023 were Spain ($11.4M), Poland ($627k), and Ecuador ($340k).

Latest Trends

Dec 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 Margarine. 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)$70.2M
IMPORTS (2023)$93.5M
NET TRADE (2023)-$23.3M

In 2023, Portugal exported $70.2M in Margarine. The main destinations of Portugal exports on Margarine were Spain ($38.9M), France ($11M), Netherlands ($4.38M), Cape Verde ($3.74M), and Angola ($2.52M).

In 2023, Portugal imported $93.5M in Margarine, mainly from Spain ($62M), Netherlands ($15M), Germany ($5.33M), Italy ($3.92M), and Belgium ($2.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$1.85M (4.99%)
Poland$1.34M (421%)
France$832k (8.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Portugal WERE (2022 - 2023):
United Kingdom-$3.92M (-91%)
Equatorial Guinea-$484k (-91.8%)
Netherlands-$436k (-9.05%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Margarine were:
In 2023, Portugal's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.66M
TOP IMPORT POTENTIALBelgium+ $1.38M

Margarine’s highest export potential is United Kingdom. With an export gap of $1.66M.   Margarine’s highest import potential is Belgium with an import gap of $1.38M.

See methodology.

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