In 2020, Portugal imported $250 million worth of agricultural, fish and forestry products from the United States. Outside the European Union Member States, the United States was the second main origin of Portuguese agricultural and related imports after Brazil. Despite the pandemic and other trade-related challenges, the total value of U.S. exports of agricultural and related products to Portugal rose 16 percent from January to September 2021 compared to the previous year. Due to a deficit in the trade balance of agricultural and food goods, Portugal relies heavily on imports to supply its population which creates opportunities for U.S. agricultural exporters. Portugal is also an excellent entry point into the EU market. English is widely spoken and U.S. agricultural products have an excellent reputation.
Products Present in the Market with Good Sales Potential
Tree nuts (almonds, walnuts, and pistachios) -- Frozen Fish (cod and salmon) -- Pulses (chickpeas) -- Pet food – Condiments & Sauces – Food preparations
Products Not Present in Significant Quantities with Good Sales Potential
Functional and innovative health food – Processed Vegetables – Chocolate & Cocoa Products – Dairy Products
Products Not Present Because They Face Significant Barriers
Red meat and meat preparations (hormone ban) -- Poultry (sanitary procedures - chlorine wash) – Processed food (with GMO ingredients)