Wheat — Terms of trade in Portugal

Portugal: Wheat — Terms of trade was 118.24 % in 2024. ▲ Rising

Latest (2024)
118.24 %
Change on year
up 26.8%
World rank
15th
of 80 countries
All-time high
122.54 %
in 2021
All-time low
90.74 %
in 2011
Years of data
15
2010–2024

Wheat — Terms of trade in Portugal, 2010–2024

02550751001252010201720242010: 102.7 %2011: 90.7 %2012: 98.2 %2013: 93.2 %2014: 99.3 %2015: 94.4 %2016: 107.5 %2017: 100.8 %2018: 98 %2019: 109.5 %2020: 110.7 %2021: 122.5 %2022: 98.5 %2023: 93.3 %2024: 118.2 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, wheat — terms of trade in Portugal stood at 118.24 %.

Compared with earlier readings it is up 26.8% on the previous year and up 19.1% over ten years.

Over the whole period, wheat — terms of trade in Portugal peaked at 122.54 % in 2021 and was at its lowest, 90.74 %, in 2011.

Portugal ranks 15th of 80 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Wheat — Terms of trade in Portugal, year by year

Annual values for Wheat — Terms of trade in Portugal, 2010 to 2024.
Year % Change
2010 102.72 %
2011 90.74 % -11.7%
2012 98.17 % +8.2%
2013 93.24 % -5.0%
2014 99.3 % +6.5%
2015 94.39 % -4.9%
2016 107.53 % +13.9%
2017 100.84 % -6.2%
2018 98.02 % -2.8%
2019 109.5 % +11.7%
2020 110.65 % +1.1%
2021 122.54 % +10.7%
2022 98.5 % -19.6%
2023 93.27 % -5.3%
2024 118.24 % +26.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 99.45 % 90.74 % 109.5 % 10
2020s 108.64 % 93.27 % 122.54 % 5

Countries ranked near Portugal

  1. 12 Bulgaria 126.23 % compare
  2. 13 Slovakia 122.47 % compare
  3. 14 United Kingdom of Great Britain and Northern Ireland 118.75 % compare
  4. 16 Luxembourg 116.05 % compare
  5. 17 Estonia 114.66 % compare
  6. 18 Denmark 114.41 % compare

See the full ranking of 86 places →

More agriculture & rural data for Portugal

All data for Portugal →

Frequently asked questions

What is wheat — terms of trade in Portugal?
Wheat — terms of trade in Portugal was 118.24 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in Portugal?
The highest recorded value was 122.54 % in 2021.
What is the lowest wheat — terms of trade recorded in Portugal?
The lowest recorded value was 90.74 % in 2011.
How does Portugal rank for wheat — terms of trade?
Portugal ranks 15th out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in Portugal?
Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
Where does this Portugal data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in Portugal. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/portugal/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK