2023
Exports
$78.7MWorld Rnk 21 / 187
Flag Rnk 209 / 1213
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$46MWorld Rnk 30 / 223
Flag Rnk 390 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $78.7M in Other Pure Vegetable Oils, making it the 21st largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 209th most exported product in Portugal. The main destination of Other Pure Vegetable Oils exports from Portugal are: Italy ($42.1M), Spain ($21.4M), South Korea ($5.4M), France ($3.11M), and United States ($2.11M).

The fastest growing export markets for Other Pure Vegetable Oils of Portugal between 2022 and 2023 were Italy ($12.9M), South Korea ($4.7M), and Poland ($1.7M).

Imports In 2023, Portugal imported $46M in Other Pure Vegetable Oils, becoming the 30th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 390th most imported product in Portugal. Portugal imports Other Pure Vegetable Oils primarily from: Spain ($34.1M), Germany ($2.41M), Kenya ($2.27M), Netherlands ($1.54M), and Belgium ($1.16M).

The fastest growing import markets in Other Pure Vegetable Oils for Portugal between 2022 and 2023 were Spain ($15.8M), South Africa ($435k), and Argentina ($395k).

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 Pure Vegetable Oils. 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)$78.7M
IMPORTS (2023)$46M
NET TRADE (2023)$32.7M

In 2023, Portugal exported $78.7M in Other Pure Vegetable Oils. The main destinations of Portugal exports on Other Pure Vegetable Oils were Italy ($42.1M), Spain ($21.4M), South Korea ($5.4M), France ($3.11M), and United States ($2.11M).

In 2023, Portugal imported $46M in Other Pure Vegetable Oils, mainly from Spain ($34.1M), Germany ($2.41M), Kenya ($2.27M), Netherlands ($1.54M), and Belgium ($1.16M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Italy$12.9M (44.2%)
South Korea$4.7M (675%)
Poland$1.7M (852%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Portugal WERE (2022 - 2023):
Spain-$10.1M (-32%)
France-$3.07M (-49.7%)
Netherlands-$308k (-45.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, Portugal's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.97M
TOP IMPORT POTENTIALFrance+ $634k

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $1.97M.   Other Pure Vegetable Oils’s highest import potential is France with an import gap of $634k.

See methodology.

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