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2022
Exports $91MWorld Rnk 24 / 152
Flag Rnk 181 / 1216
2022
Destination $29.5M Spain
2021 - 2022
FASTEST GROWING MARKET $29.5MSpain
2022
PRODUCT COMPLEXITY IN Seed Oils-0.99Rnk 836 / 1025
2022
Imports $124MWorld Rnk 36 / 211
Flag Rnk 193 / 1216
2022
Origin $4.98M Spain
2021 - 2022
FASTEST GROWING ORIGIN $4.98MMoldova
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $91M in Seed Oils, making it the 24th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 181st most exported product in Portugal. The main destination of Seed Oils exports from Portugal are: Spain ($65M), France ($6.6M), Germany ($5.1M), United Kingdom ($3.06M), and Seychelles ($2.85M).

The fastest growing export markets for Seed Oils of Portugal between 2021 and 2022 were Spain ($29.5M), Germany ($5.08M), and France ($4.81M).

Imports In 2022, Portugal imported $124M in Seed Oils, becoming the 36th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 193rd most imported product in Portugal. Portugal imports Seed Oils primarily from: Spain ($76.2M), Moldova ($20.6M), Ukraine ($8.44M), Romania ($5.96M), and France ($4.25M).

The fastest growing import markets in Seed Oils for Portugal between 2021 and 2022 were Moldova ($4.98M), Spain ($4.26M), and France ($4.23M).

Latest Trends

Oct 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 Seed 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 (2022)$91M
IMPORTS (2022)$124M
NET TRADE (2022)-$32.9M

In 2022, Portugal exported $91M in Seed Oils. The main destinations of Portugal exports on Seed Oils were Spain ($65M), France ($6.6M), Germany ($5.1M), United Kingdom ($3.06M), and Seychelles ($2.85M).

In 2022, Portugal imported $124M in Seed Oils, mainly from Spain ($76.2M), Moldova ($20.6M), Ukraine ($8.44M), Romania ($5.96M), and France ($4.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Spain$29.5M (83.1%)
Germany$5.08M (20.6k%)
France$4.81M (268%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Portugal WERE (2021 - 2022):
South Africa-$5.45M (-99.3%)
Seychelles-$1.01M (-26.1%)
Cuba-$751k (-98.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Portugal's main importing competitors in Seed Oils were:
India $2.88B
Turkey $1.84B
Netherlands $1.26B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.75M
TOP IMPORT POTENTIALUkraine+ $6.89M

Seed Oils’s highest export potential is Germany. With an export gap of $2.75M.   Seed Oils’s highest import potential is Ukraine with an import gap of $6.89M.

See methodology.

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