Exports

The value of Portuguese exports of goods and services fell back to 47% of GDP last year after achieving a historic 50% of GDP in 2022. It means that the government’s target to consistently [...]

The President of ViniPortugal, Frederico Falcão has blamed inflation, interest rates, the cost of living crisis, two wars, and the economic instabilities faced by families for the fall in [...]

Portuguese exports of cork reached a new record of €1.232Bn in 2023, up 2% on 2022, with bottle corks exceeding €900 million in exports for the first time according to the Portuguese Cork [...]

Shoe sales and related accessories are set for a bonanza year according to the Portuguese Association of Footwear, Leather Articles and Substitutes (APICCAPS). The association cites the World [...]

Exports of car components rose almost 14% to a record €12,433Bn in 2023 according to data released by the AFIA – Association of Automobile Industry Manufacturers. “Exports of vehicle [...]

Portuguese exports of goods posted a slight like-for-like growth in December, countering a series of eight consecutive monthly falls, while imports fell on the same month like-for-like according [...]

Exports of goods from Portuguese speaking countries to China hit US$147.5Bn (€136.1Bn) in 2023 beating all records according to official data from Fórum Macau. Exports increased 6.2% on 2022, [...]

Falling exports may mean that Portugal’s economy will have to be driven by internal demand in 2024. The Portuguese economy is only expected to grow 1.2% in 2024, less than forecast by the State [...]

Portugal’s ambassador to Madrid, João Mira Gomes, believes that exports will continue at or even exceed 50% of the country’s GDP according to the business daily Negócios. Nominated economic [...]

Confidence among companies and businesses is not strong for 2024 according to a survey undertaken by the Enterprises of Portugal Association (Associação Empresarial de Portugal (AEP)) among its [...]