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2022
ExportsfalseWorld Rnk 20 / 175
Flag Rnk 248 / 1216
2021 - 2022
FASTEST GROWING MARKET $1.59MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Soups and Broths-0.5Rnk 704 / 1025
2022
Origin $650k Spain
2021 - 2022
FASTEST GROWING ORIGIN $650kSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $60M in Soups and Broths, making it the 20th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 248th most exported product in Portugal. The main destination of Soups and Broths exports from Portugal are: United Kingdom ($10.5M), Spain ($7.2M), Italy ($6.17M), Poland ($5.8M), and France ($5.63M).

The fastest growing export markets for Soups and Broths of Portugal between 2021 and 2022 were United Kingdom ($1.59M), Poland ($1.06M), and Germany ($1.03M).

The fastest growing import markets in Soups and Broths for Portugal between 2021 and 2022 were Spain ($650k), Germany ($597k), and Poland ($484k).

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 Soups and Broths. 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)$60M

In 2022, Portugal exported $60M in Soups and Broths. The main destinations of Portugal exports on Soups and Broths were United Kingdom ($10.5M), Spain ($7.2M), Italy ($6.17M), Poland ($5.8M), and France ($5.63M).

In N/A, Portugal imported N/A in Soups and Broths, mainly from Spain ($11.6M), Germany ($1.92M), Poland ($1.54M), Romania ($626k), and France ($546k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United Kingdom$1.59M (17.9%)
Poland$1.06M (22.4%)
Germany$1.03M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Portugal WERE (2021 - 2022):
Spain-$627k (-8.01%)
Sweden-$612k (-10.9%)
Bosnia and Herzegovina-$430k (-100%)
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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 Soups and Broths were:
United States $701M
Germany $209M
Canada $195M
In 2022, Portugal's main importing competitors in Soups and Broths were:
United States $398M
Mexico $342M
Canada $302M

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.15M
TOP IMPORT POTENTIALGermany+ $345k

Soups and Broths’s highest export potential is Germany. With an export gap of $1.15M.   Soups and Broths’s highest import potential is Germany with an import gap of $345k.

See methodology.

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