2023
Exports
$85.2MWorld Rnk 25 / 159
Flag Rnk 197 / 1213
2023
PRODUCT COMPLEXITY IN Milk
0.0081Rnk 554 / 1025
2023
Imports
$68.5MWorld Rnk 28 / 223
Flag Rnk 314 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $85.2M in Milk, making it the 25th largest exporter of Milk in the world. At the same year, Milk was the 197th most exported product in Portugal. The main destination of Milk exports from Portugal are: Spain ($61.5M), Cape Verde ($9.75M), Angola ($6.97M), Netherlands ($993k), and Sao Tome and Principe ($856k).

The fastest growing export markets for Milk of Portugal between 2022 and 2023 were Spain ($18.7M), Cape Verde ($2.75M), and Netherlands ($699k).

Imports In 2023, Portugal imported $68.5M in Milk, becoming the 28th largest importer of Milk in the world. At the same year, Milk was the 314th most imported product in Portugal. Portugal imports Milk primarily from: Spain ($63.8M), France ($1.97M), Netherlands ($1.08M), Germany ($985k), and Italy ($214k).

The fastest growing import markets in Milk for Portugal between 2022 and 2023 were Spain ($9.37M), Netherlands ($551k), and Ireland ($203k).

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

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 Milk. 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)$85.2M
IMPORTS (2023)$68.5M
NET TRADE (2023)$16.7M

In 2023, Portugal exported $85.2M in Milk. The main destinations of Portugal exports on Milk were Spain ($61.5M), Cape Verde ($9.75M), Angola ($6.97M), Netherlands ($993k), and Sao Tome and Principe ($856k).

In 2023, Portugal imported $68.5M in Milk, mainly from Spain ($63.8M), France ($1.97M), Netherlands ($1.08M), Germany ($985k), and Italy ($214k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$18.7M (43.6%)
Cape Verde$2.75M (39.3%)
Netherlands$699k (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Portugal WERE (2022 - 2023):
Angola-$2.62M (-27.3%)
France-$1.82M (-69.9%)
Romania-$489k (-99.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.01M
TOP IMPORT POTENTIALFrance+ $1.43M

Milk’s highest export potential is France. With an export gap of $2.01M.   Milk’s highest import potential is France with an import gap of $1.43M.

See methodology.

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