Economy

Last year, Portugal’s exports to the US stood at around €5.4Bn, making the country the most important single exports destination for Portuguese goods and services after the European Union. Its [...]

The impact of economic diplomacy on the internationalisation of companies and the power of entrepreneurialism in attracting capital were among the topics discussed at the conference ‘Economic [...]

Portugal’s economy kicked off 2025 with the largest surplus in services trade ever recorded, posting over €2Bn. It means that never before since statistics on such figures have been published [...]

Portugal’s Minister of the Economy, Pedro Reis, underscored three vital policy priorities for the country’s economy on Friday for whichever party won the country’s general election on may 18: [...]

Portugal’s economy posted an overseas balance of payments surplus of €535 million in January, down €397 million like-for-like in 2024 according to the Bank of Portugal. The data from the central [...]

Most sectors of Portugal’s industrial economy were almost stagnant in 2024 after recording losses in 2023. According to data released by the National Statistics Institute last week, the gross [...]

The share of Portugal’s exports on GDP fell for the second year running in 2024 after having enjoyed a historic 50% of total GDP in 2022. Part of the reason behind the strong percentage of [...]

Trade between Portugal and France rose to €16Bn in 2024 according to figures from the National Statistics Institute. (INE) French companies in Portugal are the main overseas employers in the [...]

The Chinese company CALB has confirmed that it will invest €2Bn in Portugal to build a new lithium battery factory at Sines. The launch of the project took place today (Monday) in Lisbon and was [...]

Portugal Rally (Rally de Portugal) generated €22.6 million of which €13.6 million came from VAT and €9 million from IPS fuel tax in 2024. “The amount represents a direct economic impact of 24.1% [...]