2022
Exports
$2.31MWorld Rnk 66 / 197
Flag Rnk 798 / 1216
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$8MWorld Rnk 86 / 223
Flag Rnk 776 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.31M in Tea, making it the 66th largest exporter of Tea in the world. At the same year, Tea was the 798th most exported product in Portugal. The main destination of Tea exports from Portugal are: Angola ($1.04M), Spain ($225k), Cape Verde ($181k), Poland ($150k), and France ($96.2k).

The fastest growing export markets for Tea of Portugal between 2021 and 2022 were Angola ($445k), Poland ($78.9k), and Cape Verde ($52.5k).

Imports In 2022, Portugal imported $8M in Tea, becoming the 86th largest importer of Tea in the world. At the same year, Tea was the 776th most imported product in Portugal. Portugal imports Tea primarily from: Spain ($3.69M), Poland ($1.35M), Germany ($898k), Italy ($319k), and United Kingdom ($278k).

The fastest growing import markets in Tea for Portugal between 2021 and 2022 were Spain ($1.76M), United Kingdom ($135k), and Singapore ($102k).

COMPANIES In 2023, leading companies such as Walmart (2) were at the forefront of shipping Tea from Portugal to the United States.

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 Tea. 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)$2.31M
IMPORTS (2022)$8M
NET TRADE (2022)-$5.69M

In 2022, Portugal exported $2.31M in Tea. The main destinations of Portugal exports on Tea were Angola ($1.04M), Spain ($225k), Cape Verde ($181k), Poland ($150k), and France ($96.2k).

In 2022, Portugal imported $8M in Tea, mainly from Spain ($3.69M), Poland ($1.35M), Germany ($898k), Italy ($319k), and United Kingdom ($278k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Angola$445k (74.6%)
Poland$78.9k (111%)
Cape Verde$52.5k (41%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Portugal WERE (2021 - 2022):
Spain-$113k (-33.4%)
Norway-$71.9k (-99.3%)
Sweden-$68.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Portugal's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $167k
TOP IMPORT POTENTIALIndia+ $236k

Tea’s highest export potential is Spain. With an export gap of $167k.   Tea’s highest import potential is India with an import gap of $236k.

See methodology.

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