2023
Exports
$2.48MWorld Rnk 42 / 149
Flag Rnk 795 / 1213
2023
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.057Rnk 535 / 1025
2023
Imports
$13.1MWorld Rnk 30 / 213
Flag Rnk 662 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $2.48M in Other Fermented Beverages, making it the 42nd largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 795th most exported product in Portugal. The main destination of Other Fermented Beverages exports from Portugal are: Spain ($508k), Costa Rica ($333k), Switzerland ($213k), Guinea-Bissau ($200k), and Cape Verde ($199k).

The fastest growing export markets for Other Fermented Beverages of Portugal between 2022 and 2023 were Nigeria ($112k), Ghana ($109k), and Switzerland ($93.4k).

Imports In 2023, Portugal imported $13.1M in Other Fermented Beverages, becoming the 30th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 662nd most imported product in Portugal. Portugal imports Other Fermented Beverages primarily from: Spain ($5.56M), Germany ($2.8M), Belgium ($1.92M), France ($852k), and Italy ($549k).

The fastest growing import markets in Other Fermented Beverages for Portugal between 2022 and 2023 were Spain ($3.18M), Belgium ($1M), and Estonia ($174k).

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 Other Fermented Beverages. 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)$2.48M
IMPORTS (2023)$13.1M
NET TRADE (2023)-$10.6M

In 2023, Portugal exported $2.48M in Other Fermented Beverages. The main destinations of Portugal exports on Other Fermented Beverages were Spain ($508k), Costa Rica ($333k), Switzerland ($213k), Guinea-Bissau ($200k), and Cape Verde ($199k).

In 2023, Portugal imported $13.1M in Other Fermented Beverages, mainly from Spain ($5.56M), Germany ($2.8M), Belgium ($1.92M), France ($852k), and Italy ($549k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Nigeria$112k (1%)
Ghana$109k (1%)
Switzerland$93.4k (78.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Portugal WERE (2022 - 2023):
Spain-$673k (-57%)
Canada-$114k (-98.7%)
Cape Verde-$104k (-34.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Other Fermented Beverages were:
In 2023, Portugal's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $210k
TOP IMPORT POTENTIALItaly+ $248k

Other Fermented Beverages’s highest export potential is United States. With an export gap of $210k.   Other Fermented Beverages’s highest import potential is Italy with an import gap of $248k.

See methodology.

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