2022
Exports
$66.1kWorld Rnk 41 / 85
Flag Rnk 1127 / 1216
2022
PRODUCT COMPLEXITY IN Hops
0.45Rnk 387 / 1025
2022
Imports
$504kWorld Rnk 82 / 160
Flag Rnk 1098 / 1216
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $66.1k in Hops, making it the 41st largest exporter of Hops in the world. At the same year, Hops was the 1127th most exported product in Portugal. The main destination of Hops exports from Portugal are: Germany ($42.9k), Sao Tome and Principe ($17.1k), Denmark ($2.89k), Cape Verde ($1.5k), and Netherlands ($835).

The fastest growing export markets for Hops of Portugal between 2021 and 2022 were Germany ($36.5k), Sao Tome and Principe ($14.8k), and Cape Verde ($935).

Imports In 2022, Portugal imported $504k in Hops, becoming the 82nd largest importer of Hops in the world. At the same year, Hops was the 1098th most imported product in Portugal. Portugal imports Hops primarily from: Germany ($232k), Spain ($153k), Belgium ($68.5k), Czechia ($35.8k), and Italy ($3.91k).

The fastest growing import markets in Hops for Portugal between 2021 and 2022 were Germany ($85.2k), Czechia ($30.7k), and Italy ($2.06k).

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 Hops. 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)$66.1k
IMPORTS (2022)$504k
NET TRADE (2022)-$438k

In 2022, Portugal exported $66.1k in Hops. The main destinations of Portugal exports on Hops were Germany ($42.9k), Sao Tome and Principe ($17.1k), Denmark ($2.89k), Cape Verde ($1.5k), and Netherlands ($835).

In 2022, Portugal imported $504k in Hops, mainly from Germany ($232k), Spain ($153k), Belgium ($68.5k), Czechia ($35.8k), and Italy ($3.91k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
Germany$36.5k (572%)
Cape Verde$935 (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Portugal WERE (2021 - 2022):
Spain-$6.38k (-100%)
Denmark-$5.43k (-65.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.1k
TOP IMPORT POTENTIALGermany+ $66.6k

Hops’s highest export potential is Germany. With an export gap of $15.1k.   Hops’s highest import potential is Germany with an import gap of $66.6k.

See methodology.

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