2022
Exports
$5.64MWorld Rnk 68 / 173
Flag Rnk 662 / 1216
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$9.16MWorld Rnk 70 / 217
Flag Rnk 750 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $5.64M in Other Oily Seeds, making it the 68th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 662nd most exported product in Portugal. The main destination of Other Oily Seeds exports from Portugal are: Spain ($4.35M), Angola ($408k), United States ($256k), Greece ($214k), and Netherlands ($136k).

The fastest growing export markets for Other Oily Seeds of Portugal between 2021 and 2022 were Spain ($1.77M), Greece ($211k), and Angola ($135k).

Imports In 2022, Portugal imported $9.16M in Other Oily Seeds, becoming the 70th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 750th most imported product in Portugal. Portugal imports Other Oily Seeds primarily from: Spain ($5.34M), Netherlands ($965k), Nigeria ($650k), Germany ($506k), and Paraguay ($300k).

The fastest growing import markets in Other Oily Seeds for Portugal between 2021 and 2022 were Nigeria ($583k), Germany ($266k), and Netherlands ($89.3k).

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 Other Oily Seeds. 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)$5.64M
IMPORTS (2022)$9.16M
NET TRADE (2022)-$3.52M

In 2022, Portugal exported $5.64M in Other Oily Seeds. The main destinations of Portugal exports on Other Oily Seeds were Spain ($4.35M), Angola ($408k), United States ($256k), Greece ($214k), and Netherlands ($136k).

In 2022, Portugal imported $9.16M in Other Oily Seeds, mainly from Spain ($5.34M), Netherlands ($965k), Nigeria ($650k), Germany ($506k), and Paraguay ($300k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$1.77M (68.8%)
Greece$211k (5.99k%)
Angola$135k (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Portugal WERE (2021 - 2022):
United States-$159k (-38.4%)
South Africa-$41.2k (-100%)
France-$39.7k (-28.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Portugal's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $218k
TOP IMPORT POTENTIALNigeria+ $613k

Other Oily Seeds’s highest export potential is United States. With an export gap of $218k.   Other Oily Seeds’s highest import potential is Nigeria with an import gap of $613k.

See methodology.

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