Portugal: Soybean and Products Market Outlook

This report presents an overview of Portugal’s soybean and products market. Soybean and soybean product imports to Portugal combined amount on average to nearly 1.4 million metric tons (MT) per year. The robust in-country crushing capacity, in contrast with little to no domestic oilseeds production, makes Portugal the fifth largest soybean importer in the EU. Portugal’s soybean meal demand is largely met by domestic crushing, with Brazil and the United States as the largest bean suppliers.