# Portugal Agriculture and food Export Opportunities (HS 01-24)

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> Yugalinks sector export playbook

Explore Portugal HS 01-24 agriculture and food export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Portugal (PRT)
- Sector: Agriculture and food
- HS chapters: HS 01-24
- Latest trade year: 2024
- Sector exports: $462.0M
- Products: 43
- Buyer markets: 14
- Average CAGR: +36.9%
- Global sector size: $151.8B

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 020230 - Meat: of bovine animals, boneless cuts, frozen | $10.7B | $1.6K | $11.4B | -3.5% | 1 | +0.0% |
| HS 210690 - Food preparations: n.e.s. in item no. 2106.10 | $14.5B | $6.1M | $7.6B | +17.9% | 3 | +0.0% |
| HS 220300 - Beer: made from malt | $7.6B | $2.2M | $7.6B | +4.3% | 1 | +0.0% |
| HS 190590 - Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $9.1B | $18.5M | $7.2B | +15.3% | 2 | +0.2% |
| HS 220890 - Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208 | $4.9B | $347.9K | $6.6B | +0.3% | 1 | +0.0% |
| HS 030617 - Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $9.1B | $19.8K | $6.2B | +0.8% | 2 | +0.0% |
| HS 100630 - Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed | $5.7B | $1.8M | $5.2B | +6.6% | 3 | +0.0% |
| HS 240220 - Cigarettes: containing tobacco | $4.4B | $6.3M | $4.4B | +653.1% | 2 | +0.3% |
| HS 090111 - Coffee: not roasted or decaffeinated | $10.3B | $199.1K | $4.0B | +23.3% | 2 | +0.0% |
| HS 170114 - Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $2.7B | $445.7K | $3.7B | +8.5% | 2 | +0.0% |
| HS 151800 - Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils | $3.5B | $173.9K | $3.2B | -17.0% | 2 | +0.0% |
| HS 120190 - Soya beans: other than seed, whether or not broken | $3.6B | $4.8M | $2.8B | +12.5% | 2 | +0.1% |
| HS 040690 - Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 | $5.4B | $909.8K | $2.7B | +69.3% | 2 | +0.0% |
| HS 190110 - Food preparations: of flour, meal, starch, malt extract or milk products, for infant use, put up for retail sale | $3.6B | $468.2K | $2.7B | +77.1% | 1 | +0.0% |
| HS 200410 - Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen | $2.2B | $277.1K | $2.5B | +34.9% | 1 | +0.0% |
| HS 150910 - Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $5.0B | $280.5M | $2.5B | +33.6% | 2 | +5.4% |
| HS 220720 - Ethyl alcohol and other spirits: denatured, of any strength | $1.4B | $541.5 | $2.4B | -1.0% | 1 | +0.0% |
| HS 030441 - Fish fillets: fresh or chilled, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic (Salmo salar), Danube (Hucho hucho) | $2.6B | $2.1 | $2.2B | +8.2% | 1 | +0.0% |
| HS 030633 - Crustaceans: live, fresh or chilled, crabs, whether in shell or not | $1.7B | $7.2M | $2.1B | +79.1% | 1 | +0.4% |
| HS 040221 - Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) | $1.6B | $943.5 | $2.0B | -29.7% | 1 | +0.0% |
| HS 151190 - Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $1.6B | $22.2 | $2.0B | -19.1% | 1 | +0.0% |
| HS 070960 - Vegetables: fruits of the genus capsicum or of the genus pimenta | $2.2B | $2.3K | $1.9B | +7.4% | 1 | +0.0% |
| HS 151790 - Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516 | $1.2B | $239.7 | $1.8B | -20.6% | 1 | +0.0% |
| HS 220421 - Wine: still, in containers holding 2 litres or less | $4.8B | $111.5M | $1.8B | +4.9% | 1 | +2.3% |
| HS 020714 - Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen | $2.6B | $4.9K | $1.8B | +275.4% | 1 | +0.0% |
| HS 190531 - Food preparations: sweet biscuits, whether or not containing cocoa | $2.4B | $8.8M | $1.6B | +10.9% | 1 | +0.4% |
| HS 010229 - Cattle: live, other than pure-bred breeding animals | $1.9B | $10.7K | $1.6B | -3.3% | 1 | +0.0% |
| HS 090121 - Coffee: roasted, not decaffeinated | $2.0B | $2.5M | $1.5B | +5.8% | 1 | +0.1% |
| HS 220830 - Whiskies | $2.1B | $136.0 | $1.5B | -8.9% | 1 | +0.0% |
| HS 230910 - Dog or cat food: put up for retail sale, used in animal feeding | $1.4B | $26.3K | $1.5B | -5.6% | 1 | +0.0% |
| HS 170490 - Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa | $3.2B | $580.7K | $1.5B | +6.5% | 1 | +0.0% |
| HS 180100 - Cocoa beans: whole or broken, raw or roasted | $3.7B | $4.6 | $1.4B | -59.3% | 1 | +0.0% |
| HS 180620 - Chocolate & other food preparations containing cocoa: in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg | $1.4B | $797.8 | $1.4B | +7.1% | 1 | +0.0% |
| HS 220820 - Spirits obtained by distilling grape wine or grape marc | $1.2B | $842.5K | $1.4B | +1.0% | 1 | +0.1% |
| HS 060290 - Plants, live: n.e.s. in heading no. 0602 | $1.5B | $6.1M | $1.3B | +8.8% | 1 | +0.4% |
| HS 030214 - Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 | $1.0B | $1.9 | $1.3B | -42.6% | 1 | +0.0% |
| HS 240210 - Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto | $1.5B | $806.3 | $1.3B | -4.7% | 1 | +0.0% |
| HS 230400 - Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil | $970.4M | $631.1K | $1.3B | +80.6% | 1 | +0.1% |
| HS 040210 - Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight) | $1.0B | $70.2K | $1.2B | -10.2% | 1 | +0.0% |
| HS 230330 - Brewing or distilling dregs and waste: whether or not in the form of pellets | $663.0M | $649.7K | $1.2B | +43.5% | 1 | +0.1% |
| HS 180400 - Cocoa: butter, fat and oil | $1.9B | $21.7 | $1.2B | -44.7% | 1 | +0.0% |
| HS 151620 - Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared | $1.1B | $1.6K | $1.2B | +21.2% | 1 | +0.0% |
| HS 151211 - Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified | $894.5M | $4.8 | $1.2B | -26.8% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $51.5B calculated opportunity across 20 products.
- China (CHN): $31.8B calculated opportunity across 11 products.
- Germany (DEU): $9.9B calculated opportunity across 6 products.
- Canada (CAN): $7.6B calculated opportunity across 4 products.
- Mexico (MEX): $3.7B calculated opportunity across 3 products.
- Saudi Arabia (SAU): $3.6B calculated opportunity across 2 products.
- Iraq (IRQ): $3.0B calculated opportunity across 2 products.
- Italy (ITA): $2.9B calculated opportunity across 2 products.
- Philippines (PHL): $2.2B calculated opportunity across 1 products.
- Spain (ESP): $1.7B calculated opportunity across 1 products.
- Netherlands (NLD): $1.4B calculated opportunity across 1 products.
- Sweden (SWE): $1.3B calculated opportunity across 1 products.

## Growth stars

- HS 240220: +653.1% average CAGR, $4.4B calculated opportunity.
- HS 020714: +275.4% average CAGR, $1.8B calculated opportunity.
- HS 230400: +80.6% average CAGR, $1.3B calculated opportunity.
- HS 030633: +79.1% average CAGR, $2.1B calculated opportunity.
- HS 190110: +77.1% average CAGR, $2.7B calculated opportunity.
- HS 040690: +69.3% average CAGR, $2.7B calculated opportunity.
- HS 230330: +43.5% average CAGR, $1.2B calculated opportunity.
- HS 200410: +34.9% average CAGR, $2.5B calculated opportunity.
- HS 150910: +33.6% average CAGR, $2.5B calculated opportunity.
- HS 090111: +23.3% average CAGR, $4.0B calculated opportunity.

## Diversification opportunities

- HS 210690: 3 buyer markets, $7.6B calculated opportunity.
- HS 100630: 3 buyer markets, $5.2B calculated opportunity.
- HS 190590: 2 buyer markets, $7.2B calculated opportunity.
- HS 030617: 2 buyer markets, $6.2B calculated opportunity.
- HS 240220: 2 buyer markets, $4.4B calculated opportunity.
- HS 090111: 2 buyer markets, $4.0B calculated opportunity.
- HS 170114: 2 buyer markets, $3.7B calculated opportunity.
- HS 151800: 2 buyer markets, $3.2B calculated opportunity.
- HS 120190: 2 buyer markets, $2.8B calculated opportunity.
- HS 040690: 2 buyer markets, $2.7B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.