2023
Exports
$13.8MWorld Rnk 45 / 135
Flag Rnk 502 / 1213
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$464MWorld Rnk 39 / 195
Flag Rnk 50 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $13.8M in Wheat, making it the 45th largest exporter of Wheat in the world. At the same year, Wheat was the 502nd most exported product in Portugal. The main destination of Wheat exports from Portugal are: Spain ($11.4M), Ireland ($1.95M), Netherlands ($218k), France ($145k), and Denmark ($13k).

The fastest growing export markets for Wheat of Portugal between 2022 and 2023 were Spain ($6M), Ireland ($1.95M), and France ($27k).

Imports In 2023, Portugal imported $464M in Wheat, becoming the 39th largest importer of Wheat in the world. At the same year, Wheat was the 50th most imported product in Portugal. Portugal imports Wheat primarily from: France ($193M), Germany ($45.8M), Ukraine ($38M), United Kingdom ($35.9M), and Canada ($35.2M).

The fastest growing import markets in Wheat for Portugal between 2022 and 2023 were Ukraine ($36.2M), Germany ($30.1M), and Latvia ($16.5M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Wheat from Portugal to the United States.

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 Wheat. 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)$13.8M
IMPORTS (2023)$464M
NET TRADE (2023)-$450M

In 2023, Portugal exported $13.8M in Wheat. The main destinations of Portugal exports on Wheat were Spain ($11.4M), Ireland ($1.95M), Netherlands ($218k), France ($145k), and Denmark ($13k).

In 2023, Portugal imported $464M in Wheat, mainly from France ($193M), Germany ($45.8M), Ukraine ($38M), United Kingdom ($35.9M), and Canada ($35.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Spain$6M (111%)
Ireland$1.95M (1%)
France$27k (22.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Portugal WERE (2022 - 2023):
Netherlands-$4.88k (-2.19%)
Mozambique-$4.87k (-100%)
Morocco-$810 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Wheat were:
In 2023, Portugal's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $2.6M
TOP IMPORT POTENTIALCanada+ $12.7M

Wheat’s highest export potential is Spain. With an export gap of $2.6M.   Wheat’s highest import potential is Canada with an import gap of $12.7M.

See methodology.

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