Browse Data and Analysis

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

In 2020, Portugal imported $250 million worth of agricultural, fish and forestry products from the United States.

Over the past five years, Portuguese fruit production has improved its efficiency and evolved into a dynamic and advanced agricultural sector.

On January 1, 2021, Portugal took over the Council of the EU rotating presidency. This report provides an overview of the Presidency’s priorities for the next six months.