2022
Exports
$50.1kWorld Rnk 103 / 149
Flag Rnk 1135 / 1216
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$12.5MWorld Rnk 44 / 201
Flag Rnk 683 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $50.1k in Ground Nuts, making it the 103rd largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 1135th most exported product in Portugal. The main destination of Ground Nuts exports from Portugal are: Turkey ($30k), Belgium ($5.65k), France ($5.58k), Spain ($3.9k), and Cape Verde ($1.73k).

The fastest growing export markets for Ground Nuts of Portugal between 2021 and 2022 were Turkey ($30k), Cape Verde ($733), and France ($203).

Imports In 2022, Portugal imported $12.5M in Ground Nuts, becoming the 44th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 683rd most imported product in Portugal. Portugal imports Ground Nuts primarily from: Argentina ($4.94M), Brazil ($1.99M), China ($1.87M), United States ($1.85M), and Spain ($1.05M).

The fastest growing import markets in Ground Nuts for Portugal between 2021 and 2022 were Brazil ($1.01M), Argentina ($353k), and Spain ($109k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nuts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.1k
IMPORTS (2022)$12.5M
NET TRADE (2022)-$12.5M

In 2022, Portugal exported $50.1k in Ground Nuts. The main destinations of Portugal exports on Ground Nuts were Turkey ($30k), Belgium ($5.65k), France ($5.58k), Spain ($3.9k), and Cape Verde ($1.73k).

In 2022, Portugal imported $12.5M in Ground Nuts, mainly from Argentina ($4.94M), Brazil ($1.99M), China ($1.87M), United States ($1.85M), and Spain ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Turkey$30k (1%)
Cape Verde$733 (73.2%)
France$203 (3.78%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Portugal WERE (2021 - 2022):
Spain-$995k (-99.6%)
China-$26.2k (-100%)
Netherlands-$7.5k (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Portugal's main exporting competitors in Ground Nuts were:
In 2022, Portugal's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $12.7k
TOP IMPORT POTENTIALBrazil+ $452k

Ground Nuts’s highest export potential is Netherlands. With an export gap of $12.7k.   Ground Nuts’s highest import potential is Brazil with an import gap of $452k.

See methodology.

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