Portugal
U.S. Trade with Portugal in 2022
Total Export Value
$243.88 Million
3-Year Average
$225.09 Million
Compound Average Growth
3% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Portugal in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybeans | $128.57 Million | 224,871 | $104.72 Million | 556% |
| Forest Products | $36.97 Million | --- | $31.45 Million | 22% |
| Fish and Seafood | $17.26 Million | 5,189 | $16.39 Million | -11% |
| Cotton | $9.84 Million | 4,050 | $3.65 Million | 2033% |
| Wheat | $9.15 Million | 22,000 | $8.43 Million | -54% |
| Distillers Grains | $7.62 Million | 23,138 | $4.43 Million | 776% |
| Dog & Cat Food | $6.03 Million | 2,451 | $2.72 Million | 1016% |
| Planting Seeds | $4.1 Million | 1,377 | $4.8 Million | -41% |
| Tree Nuts | $3.81 Million | 754 | $6.72 Million | -50% |
| Distilled Spirits | $3.64 Million | --- | $2.23 Million | 128% |
Data and Analysis
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.
International Agricultural Trade Report
Opportunities for U.S. Agricultural Exports in Spain and Portugal
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.
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.