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2022
Exports $732MWorld Rnk 20 / 184
Flag Rnk 28 / 96
2022
Destination $19.3M Spain
2021 - 2022
FASTEST GROWING MARKET $19.3MKuwait
2022
PRODUCT COMPLEXITY IN Tobacco & substitutes-0.8Rnk 780 / 1025
2022
Imports $349MWorld Rnk 40 / 223
Flag Rnk 52 / 96
2022
Origin $14.9M Italy
2021 - 2022
FASTEST GROWING ORIGIN $14.9MItaly
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $732M in Tobacco & substitutes, making it the 20th largest exporter of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 28th most exported product in Portugal. The main destination of Tobacco & substitutes exports from Portugal are: Spain ($296M), Italy ($234M), France ($109M), Kuwait ($19.3M), and Greece ($9.42M).

The fastest growing export markets for Tobacco & substitutes of Portugal between 2021 and 2022 were Kuwait ($19.3M), Greece ($8.81M), and Sweden ($4.38M).

Imports In 2022, Portugal imported $349M in Tobacco & substitutes, becoming the 40th largest importer of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 52nd most imported product in Portugal. Portugal imports Tobacco & substitutes primarily from: Italy ($91.2M), Poland ($60.7M), Spain ($40M), Netherlands ($28.1M), and Germany ($22.7M).

The fastest growing import markets in Tobacco & substitutes for Portugal between 2021 and 2022 were Italy ($14.9M), Argentina ($7.2M), and Spain ($6.85M).

Latest Trends

August 2024

About

Overview In August 2024 Portugal's Tobacco & substitutes exports accounted up to €82.6M and imports accounted up to €51.6M, resulting in a positive trade balance of €30.9M. Between August 2023 and August 2024 the exports of Portugal's   Tobacco & substitutes have increased by €14.3M (20.9%) from €68.3M to €82.6M, while imports increased by €24.7M (92%) from €26.9M to €51.6M.

Destinations In August 2024, Tobacco & substitutes were exported mostly to Italy (€27.1M), Spain (€24.5M), France (€14.5M), Egypt (€6.29M), and Other (€3.89M), and were imported mostly from Italy (€16.2M), Poland (€7.42M), Greece (€4.1M), Spain (€2.48M), and Brazil (€2.43M).

Growth In August 2024, the increase in Tobacco & substitutes's year-by-year exports was explained primarily by an increase in exports to Italy (€2.78M or 16.3%), France (€2.44M or 22.7%), and Other (€408k or 133%). In August 2024, the increase in Tobacco & substitutes's year-by-year imports was explained primarily by an increase in imports from Brazil (€867k or 339k%), Belgium (€586k or 3.41k%), and Czechia (€581k or 304%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€14.3M(20.9%)
IMPORT GROWTH (August 2023 - August 2024)€24.7M(92%)
MAIN DESTINATION (August 2024)Italy€27.1M

This section shows Tobacco & substitutes's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tobacco & substitutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$732M
IMPORTS (2022)$349M
NET TRADE (2022)$383M

In 2022, Portugal exported $732M in Tobacco & substitutes. The main destinations of Portugal exports on Tobacco & substitutes were Spain ($296M), Italy ($234M), France ($109M), Kuwait ($19.3M), and Greece ($9.42M).

In 2022, Portugal imported $349M in Tobacco & substitutes, mainly from Italy ($91.2M), Poland ($60.7M), Spain ($40M), Netherlands ($28.1M), and Germany ($22.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco & substitutes EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Kuwait$19.3M (1%)
Greece$8.81M (1.45k%)
Sweden$4.38M (27.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco & substitutes BY Portugal WERE (2021 - 2022):
Italy-$47.5M (-16.9%)
Spain-$29.1M (-8.95%)
France-$13.3M (-10.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Tobacco & substitutes were:
United Arab Emirates $5.1B
Poland $4.62B
Germany $2.92B
In 2022, Portugal's main importing competitors in Tobacco & substitutes were:
Germany $2.74B
Japan $2.41B
United States $2.38B

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Trade Value of Tobacco & substitutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.33M
TOP IMPORT POTENTIALGermany+ $2.98M

Tobacco & substitutes’s highest export potential is France. With an export gap of $7.33M.   Tobacco & substitutes’s highest import potential is Germany with an import gap of $2.98M.

See methodology.

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