Portugal

U.S. Trade with Portugal in 2023

Total Export Value
$176.43 Million
3-Year Average
$170.29 Million
Compound Average Growth
-5.69% (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 $49.89 Million 87,253 $107.75 Million -73%
Corn $24.96 Million 70,000 $31.08 Million -56%
Soybean Meal $15.43 Million 30,435 $6.38 Million 47%
Tobacco $14.29 Million 1,799 $8.95 Million 17%
Rice $13.82 Million 37,022 $2.07 Million 20609%
Cotton $13.56 Million 5,679 $4.96 Million 3306%
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%

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Data and Analysis

Attaché Report (GAIN)

Portugal: Food Processing Ingredients

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.
Attaché Report (GAIN)

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.
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.

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.