Browse Data and Analysis

In 2023, Portugal imported almost $294 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

In 2023, Portugal imported $293 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

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.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

In 2021, Portugal imported $244 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

Portuguese cattle and swine sectors are currently restructuring to increase their domestic beef and pork production to meet domestic and export market demands. The meat sector is also working to open new strategic export markets, especially in the pork market.

In 2020, Portugal imported $250 million worth of agricultural, fish and forestry products from the United States.

Over the past five years, Portuguese fruit production has improved its efficiency and evolved into a dynamic and advanced agricultural sector.

Similar to other consumers around the world, consumers in Portugal continue to adapt their lives and habits to the “new normal” under the COVID-19 pandemic.

The lockdown and social distancing measures brought on by COVID-19 heavily impacted the Portuguese food service sector.

The food and beverage manufacturing industry is one of the key sectors of Portuguese economy.

In 2019, the number of large-sized commercial establishments selling food amounted to 1,747 units, with a turnover of $16,1 billion and 83,228 employees.