Products of the milling industry in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $90.9M in Products of the milling industry, making it the 45th largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 72nd most exported product in Portugal. The main destination of Products of the milling industry exports from Portugal are: Spain ($51.8M), Angola ($11.5M), Sao Tome and Principe ($5.2M), South Africa ($4.95M), and France ($2.69M).

The fastest growing export markets for Products of the milling industry of Portugal between 2021 and 2022 were Spain ($16.8M), South Africa ($3.44M), and Angola ($1.98M).

Imports In 2022, Portugal imported $199M in Products of the milling industry, becoming the 35th largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 64th most imported product in Portugal. Portugal imports Products of the milling industry primarily from: Spain ($139M), Netherlands ($8.12M), France ($7.37M), Germany ($6.3M), and Belgium ($6.26M).

The fastest growing import markets in Products of the milling industry for Portugal between 2021 and 2022 were Spain ($37.9M), Romania ($6.14M), and Netherlands ($3.65M).

Latest Trends

February 2024

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Overview In February 2024 Portugal's Products of the milling industry exports accounted up to €7.07M and imports accounted up to €11M, resulting in a negative trade balance of €3.98M. Between February 2023 and February 2024 the exports of Portugal's Products of the milling industry have decreased by €-1.5M (-17.5%) from €8.57M to €7.07M, while imports decreased by €-2.25M (-16.9%) from €13.3M to €11M.

Destinations In February 2024, Products of the milling industry were exported mostly to Spain (€4.57M), Angola (€494k), Cape Verde (€238k), United Kingdom (€227k), and Sao Tome and Principe (€221k), and were imported mostly from Spain (€7.54M), Romania (€564k), France (€407k), Germany (€381k), and United Kingdom (€352k).

Growth In February 2024, the decrease in Products of the milling industry's year-by-year exports was explained primarily by a decrease in exports to Nigeria (€-1.76M or -100%), Sao Tome and Principe (€-116k or -51.5%), and Belgium (€-95.2k or -70%). In February 2024, the decrease in Products of the milling industry's year-by-year imports was explained primarily by a decrease in imports from Israel (€-284k or -100%), Japan (€-66.5k or -93.8%), and Poland (€-51.3k or -54.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-1.5M(-17.5%)

IMPORT GROWTH (February 2023 - February 2024)€-2.25M(-16.9%)

MAIN DESTINATION (February 2024)Spain€4.57M

This section shows Products of the milling industry'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 Products of the milling industry over time.

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