Tobacco & substitutes in Portugal | The Observatory of Economic Complexity

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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

February 2024

About

Overview In February 2024 Portugal's Tobacco & substitutes exports accounted up to €65.9M and imports accounted up to €34.4M, resulting in a positive trade balance of €31.4M. Between February 2023 and February 2024 the exports of Portugal's Tobacco & substitutes have increased by €3.8M (6.12%) from €62.1M to €65.9M, while imports increased by €4.43M (14.8%) from €30M to €34.4M.

Destinations In February 2024, Tobacco & substitutes were exported mostly to Italy (€22.8M), Spain (€20.1M), France (€11.4M), Egypt (€5.42M), and Other (€1.35M), and were imported mostly from Poland (€7.64M), Italy (€4.31M), Malawi (€2.48M), Brazil (€2.27M), and Germany (€2.17M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€3.8M(6.12%)

IMPORT GROWTH (February 2023 - February 2024)€4.43M(14.8%)

MAIN DESTINATION (February 2024)Italy€22.8M

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

Trade Value

Growth

Growth (%)

Year

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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