Portugal
U.S. Trade with Portugal in 2023
Total Export Value
$220.09 Million
3-Year Average
$184.78 Million
Compound Average Growth
-3.58% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Portugal in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybeans | $112.03 Million | 197,870 | $113.96 Million | -39% |
| Corn | $24.96 Million | 70,000 | $31.08 Million | -56% |
| Tobacco | $14.29 Million | 1,799 | $8.95 Million | 17% |
| Cotton | $13.4 Million | 5,679 | $4.93 Million | 3267% |
| Soybean Meal | $10.88 Million | 20,835 | $5.81 Million | 4% |
| Distillers Grains | $7.47 Million | 20,517 | $5.16 Million | 666% |
| Dog & Cat Food | $6.08 Million | 2,313 | $3.28 Million | 877% |
| Other Bulk Commodities | $4.59 Million | 2,462 | $2.53 Million | 410% |
| Tree Nuts | $3.67 Million | 686 | $6.32 Million | -53% |
| Distilled Spirits | $3.53 Million | --- | $2.43 Million | 85% |
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.
News and Features
USDA’s Foreign Agricultural Service Associate Administrator Clay Hamilton arrived today in Madrid to launch a USDA agribusiness trade mission to Spain.
More than 30 agribusinesses and farm organizations will visit Madrid, Spain, from Nov. 29 through Dec. 2, for a trade mission sponsored by the U.S. Department of Agriculture. Members of the delegation will engage directly with potential buyers from Spain and Portugal, receive in-depth market briefs from USDA’s Foreign Agricultural Service (FAS) and industry trade experts, and participate in site visits.
The U.S. Department of Agriculture Foreign Agricultural Service is accepting applications from U.S. exporters for its first-ever agricultural trade mission to Madrid, Spain, on Nov. 29 – Dec. 2.