Sugars & confectioneries in Portugal | The Observatory of Economic Complexity

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Exports In 2022, Portugal exported $153M in Sugars & confectioneries, making it the 49th largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 62nd most exported product in Portugal. The main destination of Sugars & confectioneries exports from Portugal are: Spain ($126M), Poland ($5.58M), France ($3.87M), Angola ($3.72M), and United Kingdom ($1.41M).

The fastest growing export markets for Sugars & confectioneries of Portugal between 2021 and 2022 were Spain ($36.4M), Angola ($1.61M), and Greece ($1.06M).

Imports In 2022, Portugal imported $312M in Sugars & confectioneries, becoming the 51st largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 58th most imported product in Portugal. Portugal imports Sugars & confectioneries primarily from: Spain ($82.7M), Brazil ($77.2M), France ($37.3M), Cuba ($26.9M), and Germany ($15.1M).

The fastest growing import markets in Sugars & confectioneries for Portugal between 2021 and 2022 were Spain ($29.1M), South Africa ($14.9M), and France ($13.1M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (18.6k), BARRY CALLEBAUT USA LLC (26), and BUSA DISTRIBUTION CENTER (3) were at the forefront of shipping Sugars & confectioneries from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Sugars & confectioneries exports accounted up to €22.4M and imports accounted up to €24.4M, resulting in a negative trade balance of €2.04M. Between January 2023 and January 2024 the exports of Portugal's Sugars & confectioneries have decreased by €-508k (-2.22%) from €22.9M to €22.4M, while imports decreased by €-3.39M (-12.2%) from €27.8M to €24.4M.

Destinations In January 2024, Sugars & confectioneries were exported mostly to Spain (€16.5M), Poland (€4.17M), France (€578k), Netherlands (€247k), and Angola (€158k), and were imported mostly from Brazil (€11.3M), Spain (€8.98M), Germany (€874k), Netherlands (€793k), and Belgium (€448k).

Growth In January 2024, the decrease in Sugars & confectioneries's year-by-year exports was explained primarily by a decrease in exports to Poland (€-708k or -16.2%), Greece (€-276k or -86.7%), and Angola (€-243k or -51.9%). In January 2024, the decrease in Sugars & confectioneries's year-by-year imports was explained primarily by a decrease in imports from Belize (€-83.9k or -20.7%), Israel (€-67.8k or -100%), and Austria (€-21.2k or -34.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-508k(-2.22%)

IMPORT GROWTH (January 2023 - January 2024)€-3.39M(-12.2%)

MAIN DESTINATION (January 2024)Spain€16.5M

This section shows Sugars & confectioneries'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 Sugars & confectioneries over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$153M

IMPORTS (2022)$312M

NET TRADE (2022)-$159M

In 2022, Portugal exported $153M in Sugars & confectioneries. The main destinations of Portugal exports on Sugars & confectioneries were Spain ($126M), Poland ($5.58M), France ($3.87M), Angola ($3.72M), and United Kingdom ($1.41M).

In 2022, Portugal imported $312M in Sugars & confectioneries, mainly from Spain ($82.7M), Brazil ($77.2M), France ($37.3M), Cuba ($26.9M), and Germany ($15.1M).

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