Portuguese companies have either stopped trading with Russia or have distanced themselves after it invaded Ukraine on 24 February. According to the online news source Observador, some companies [...]
Exporting to Russia is now more complicated and expensive and proof of this is the closure of a Portuguese furniture retailer in Moscow. Laskasas, which enjoyed revenues of €1.2 million in 2021, [...]
Export of goods from Portuguese-speaking countries to Macau – a former Portuguese colony and gateway to China – rose by 25% in January and February like-for-like on 2021. For the two [...]
Furniture companies in Portugal are unable to receive payments from clients in Russia according to the Association of Portuguese Furniture and Allied Industries (Associação Portuguesa das [...]
Trade between Portugal and Russia is not particularly expressive. Nevertheless, it has been growing over the past five years, particularly in terms of wines, and specifically light naturally [...]
Portuguese wine companies which export to the Russian and Ukraine markets are apprehensive over the situation between the Ukraine and Russia. Western sanctions and the ongoing war in the Ukraine [...]
Despite the pandemic, 2021 was a good year for Portuguese export sales of wood and furniture which achieved €2.587Bn in sales, surpassing the historic €1.6Bn achieved in 2019. The President of [...]
The president of the Portuguese Furniture and Wood Products Association (AIMMP) says that exports of Portuguese products are likely to beat the record seen in 2019 by the end of this year. With [...]
The cost for Portuguese shipping agents in transporting containers has skyrocketed by 1,000% on some routes between the West and Asia, which reflects the global supply chain crisis. The cost of [...]
The Tejo Region Wine Commission (CVR) is carrying out targeted marketing campaigns in Poland and Russia. “Tejo wines have been marketing and building a presence in overseas markets through [...]
