Portugal - Agricultural Sectors Portugal - Agricultural Sectors
Agricultural Sector
For more information on opportunities for U.S. agricultural exports to Portugal, please contact the Foreign Agricultural Service at the American Embassy in Madrid.Office of Agricultural Affairs covering Spain and Portugal
Foreign Agricultural Service, USDA U.S. Embassy Madrid
Tel: +34-91-587-2555
Email: AgLisbon@fas.usda.gov
Soybeans
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 343,738 | 461,581 | 474,100 |
| Total Local Production | 0 | 0 | 0 |
| Total Exports | 326 | 710 | 900 |
| Total Imports | 344, 064 | 462,291 | 475,000 |
| Imports from the U.S. | 49,732 | 220,635 | 250,000 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to Soybeans, (HS Code 1201) GTA.
Opportunities
Soybeans in Portugal are crushed to obtain soybean meal for the feed industry and soybean oil for the biodiesel industry. Soybean oil represented nearly 10 percent of the feedstock used for biofuel production in 2018. Price competitiveness with other suppliers of feed ingredients (mostly located in South America) and other oilseeds determines demand for U.S. soybeans in the feed and biofuel markets. Since 2015, the extensive use of Used Cooking Oils has resulted in a reduction of soybean oil use in biodiesel production. Portugal is also an importer of soybean meal. In 2018, Portuguese soybean crushers registered a nearly four-fold increase in the value of U.S. soybean imports and have plans to expand imports in 2019.
Web Resources
National Institute of Statistics Portugal
FAS GAIN Attaché Reports
FAS Contact - AgMadrid@fas.usda.gov
Coarse Grains
Overview
| 2017 | 2018 | 2019 (estimate ) | |
| Total Market Size | 983,992 | 1,080,324 | 1,225,000 |
| Total Local Production | 211,762 | 227,528 | 250,000 |
| Total Exports | 38,191 | 70,498 | 25,000 |
| Total Imports | 810,421 | 923,294 | 1,000,000 |
| Imports from the U.S. | 21,583 | 45,676 | 25,000 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA) Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to Coarse Grains, Group 59 (2012) GTA.
Opportunities
Over the past five years the gap between Portuguese grain consumption and production has consistently grown. Regardless of the size of the domestic grain crop, Portugal has a grain deficit of over 3.5 million metric tons. Bulk commodity trading companies based in the Iberian Peninsula are the main gateway to the Portuguese feed and food grains market. With an estimated consumption of 1.8 MMT, the Portuguese compound feed industry is the main grains buyer. Grains represent nearly 60 percent of the feed formula. The country’s compound feed production was declining until 2015, when a combination of favourable input prices and increased efficiencies due to the consolidation of industries, resulted in higher compound feed production levels. This trend became very noticeable in 2016, and has continued throughout 2017 and 2018. In 2019, Portugal will continue to import grain in order to meet its structural grains shortfall and to satisify Portugal’s thriving livestock sector demand. U.S. exports of corn to Portugal are limited by EU biotechnology approvals, however the United States has opportunities to export sorghum and other feed ingredients to Portugal such as corn processing by-products (DDGS), in quantities that fluctuate based on competition from other sources. The U.S. also exports wheat, including durum wheat to Portugal, with export opportunities depending on competition from other origins.
Web Resources
National Institute of Statistics Portugal
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Seafood
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 3,235,599 | 3,378,408 | 3,400,000 |
| Total Local Production | 2,000,000 | 2,050,000 | 2,100,000 |
| Total Exports | 918,209 | 989,832 | 1,000,000 |
| Total Imports | 2,153,808 | 2,318,240 | 2,300,000 |
| Imports from the U.S. | 15,286 | 26,963 | 25,000 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to HS Code 03 (Fish and Crustaceans, Mollusks and other aquatic invertebrates).
Opportunities
The level of development of the fishing industry reflects the high level of consumption of fish and seafood in Portugal. Per capita consumption of seafood is the highest in the European Union and is amongst the highest in the world at around 60 kg/year per capita. The country is a net importer of fish and fish products. U.S. seafood products are very well rated and in demand in the Portuguese market. Cod, salmon and caviar sturgeon were among the top imports from the United States in 2018.
Web Resources
Ministry of the Sea
NOAA Seafood Inspection Program
NOAA Fisheries “How to export seafood to the European Union”
FAS USEU Mission
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Hardwood
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 224,550 | 229,423 | 235,000 |
| Total Local Production | 170,000 | 175,000 | 180,000 |
| Total Exports | 14,657 | 20,436 | 20,000 |
| Total Imports | 69,207 | 74,859 | 75,000 |
| Imports from the U.S. | 15,750 | 18,223 | 18,500 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to Hardwood Lumber, Group 13 (2012) GTA for Portugal.
Opportunities
U.S. hardwood has a good reputation in the Portuguese market for its high quality and reliability. Economic recovery and increased confidence creates opportunities in Portugal for U.S. hardwoods.
Web Resources
National Institute of Statistics Portugal
Ministry of Agriculture, Forestry and Rural Development
American Hardwood Export Council (AHEC)
FAS USEU Mission
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Tree Nuts
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 39,721 | 50,128 | 52,000 |
| Total Local Production | 53,000 | 52,000 | 54,000 |
| Total Exports | 75,655 | 74,638 | 75,000 |
| Total Imports | 62,376 | 72,766 | 73,000 |
| Imports from the U.S. | 8,528 | 10,215 | 10,000 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to HS Code 0802 (Nuts NESOI, Fresh or dried) for Portugal.
Opportunities
The main source of tree nuts for Portugal is Spain. It is likely that part of these tree nuts have their origin in the United States, imported though Spain and finally re-exported to Portugal. U.S. nut exports to Portugal are led by almonds, followed by pistachios and walnuts. The nuts are imported and reprocessed domestically to then re-export them to third countries Outside the European Union, the main destination of these nuts in 2018 were Brazil, Canada and the United States.
Web Resources
National Institute of Statistics Portugal
Almond Board of California
FAS USEU Mission
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Pulses/Legumes
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 40,237 | 47,584 | 47,500 |
| Total Local Production | 4,500 | 4,500 | 4,500 |
| Total Exports | 31,737 | 24,828 | 24,500 |
| Total Imports | 67,474 | 67,912 | 67,500 |
| Imports from the U.S. | 6,725 | 3,925 | 5,000 |
Unit: USD thousands
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to HS Code 0713 (Leguminous vegetables, dried shelled) for
Portugal.
Opportunities
Domestic consumption of pulses is high in the Portuguese market, particularly for dry edible beans, which are an important component of the local diet. In 2018, U.S. exports were led by chickpeas and red kidney beans. Companies also process and re-export dry edible beans within the EU market.
Web Resources
Statistics Portugal
United States Dry Bean Council and USA Dry Peas and Lentil Council
FAS USEU Mission
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Meat
Beef
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 994,092 | 1,122,578 | 1,190,000 |
| Total Local Production | 476,407 | 520,082 | 550,000 |
| Total Exports | 41,222 | 59,449 | 60,000 |
| Total Imports | 558,907 | 661,945 | 700,000 |
| Imports from the U.S. | 0 | 0 | 0 |
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to HS Code 0201, 0202 for Portugal.
Opportunities
Beef (only from non-hormone treated cattle) has good sales potential in Portugal. Domestic production and consumption of beef is increasing especially high value beef meat. Portugal is not self-sufficient in the production of beef and its main source of beef is Spain. Due to the growth of tourism and beef domestic demand, beef imports in Portugal may increase.
Web Resources
Statistics Portugal
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov
Pork
Overview
| 2017 2014 | 2018 2015 | 2019 (estimate ) | |
| Total Market Size | 1,441,688 | 1,470,978 | 1,480,000 |
| Total Local Production | 1,169,091 | 1,181,710 | 1,200,000 |
| Total Exports | 126,013 | 110,313 | 120,000 |
| Total Imports | 398,610 | 399,581 | 400,000 |
| Imports from the U.S. | 0 | 0 | 0 |
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources:
Total Local Production: FAS Madrid estimates
Total Exports: Global Trade Atlas (GTA)
Total Imports: Global Trade Atlas (GTA)
Imports from U.S.: Global Trade Atlas (GTA)
Data corresponding to HS Code 0203, 0210 for Portugal.
Opportunities
Pork has good sales potential in Portugal. Pork domestic production and consumption is increasing. Portugal is not self-sufficient in the production of pork and its main source of pork is Spain. Due to the growth of tourism, domestic demand, and pork exports, pork imports in Portugal may increase.
Web Resources
Statistics Portugal
FAS GAIN Attaché Reports
FAS Contact - AgLisbon@fas.usda.gov Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.