Exports

In 2024, exports from Portugal to Germany increased by 17.9% to €9.76Bn despite the slowdown in the German economy. And with uncertainties in Europe and a continued trend to nearshore, that can [...]

In a rush to beat the introduction of “reciprocal” tariffs imposed by the White House, US orders from Portugal offset an overall drop in exports in the first quarter of this year. [...]

A study from Bruegel has compared the effects of US tariffs on employment at a regional level in the European Union and suggests that the impact in the North of Portugal and the Algarve regions [...]

US wine importers have stopped taking orders of Portuguese wines because of the uncertainty of reciprocal tariffs threatened by the US government. Paulo Amorim, president of ANCEVE, the national [...]

The President of Portugal’s Development Bank – Banco Português de Fomento – has been mandated by the country’s Minister of the Economy, Pedro Reis, to disburse €10Bn in support funds [...]

Portugal’s government held emergency meetings with business and industry associations on Tuesday to hammer out a tariff impact mitigation plan and beef up credit lines for competitiveness and [...]

The US administration’s round of sweeping tariffs will oblige Portuguese export companies to seek other international markets and those who fail to do so may have to lay off staff. That is the [...]

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 [...]

The Bank of Portugal has estimated that the current adverse international economic scenario and the impact of the ongoing US tariff wars could wipe 1.1% off Portugal’s economy over the next three [...]