Cereals in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $183M in Cereals, making it the 47th largest exporter of Cereals in the world. At the same year, Cereals was the 58th most exported product in Portugal. The main destination of Cereals exports from Portugal are: Spain ($98.3M), Jordan ($37M), France ($7.5M), Saudi Arabia ($6.04M), and United Kingdom ($5.21M).

The fastest growing export markets for Cereals of Portugal between 2021 and 2022 were Spain ($58.8M), Jordan ($12.1M), and Saudi Arabia ($4.4M).

Imports In 2022, Portugal imported $1.41B in Cereals, becoming the 35th largest importer of Cereals in the world. At the same year, Cereals was the 19th most imported product in Portugal. Portugal imports Cereals primarily from: Brazil ($301M), France ($299M), Spain ($120M), Guyana ($117M), and Canada ($88.9M).

The fastest growing import markets in Cereals for Portugal between 2021 and 2022 were Brazil ($182M), France ($92.6M), and Canada ($51.2M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (148) and RIVIANA FOODS INC (77) were at the forefront of shipping Cereals from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Cereals exports accounted up to €15.7M and imports accounted up to €69.4M, resulting in a negative trade balance of €53.7M. Between January 2023 and January 2024 the exports of Portugal's Cereals have decreased by €-2.62M (-14.3%) from €18.4M to €15.7M, while imports decreased by €-27.3M (-28.2%) from €96.7M to €69.4M.

Destinations In January 2024, Cereals were exported mostly to Spain (€9.32M), Jordan (€2.66M), United Kingdom (€769k), France (€415k), and Israel (€359k), and were imported mostly from Ukraine (€23M), Germany (€8.32M), Spain (€7.69M), Sweden (€6.65M), and France (€6.36M).

Growth In January 2024, the decrease in Cereals's year-by-year exports was explained primarily by a decrease in exports to Libya (€-252k or -73.2%), Saudi Arabia (€-142k or -100%), and Lebanon (€-99.3k or -100%). In January 2024, the decrease in Cereals's year-by-year imports was explained primarily by a decrease in imports from Brazil (€-9.55M or -41.4%), Germany (€-6.66M or -96.7%), and Spain (€-3.92M or -33.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-2.62M(-14.3%)

IMPORT GROWTH (January 2023 - January 2024)€-27.3M(-28.2%)

MAIN DESTINATION (January 2024)Spain€9.32M

This section shows Cereals'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 Cereals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$183M

IMPORTS (2022)$1.41B

NET TRADE (2022)-$1.22B

In 2022, Portugal exported $183M in Cereals. The main destinations of Portugal exports on Cereals were Spain ($98.3M), Jordan ($37M), France ($7.5M), Saudi Arabia ($6.04M), and United Kingdom ($5.21M).

In 2022, Portugal imported $1.41B in Cereals, mainly from Brazil ($301M), France ($299M), Spain ($120M), Guyana ($117M), and Canada ($88.9M).

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