Portugal

Portugal Statistics

The economy of Portugal is ranked 42nd in the World Economic Forum’s Global Competitiveness Report for 2017–2018. Portugal has the highest emigration rate as a proportion of population in the European Union. More than two million Portuguese people (20% of the population) now live outside the country.
Factories focused on automobile and automobile parts production are primarily concentrated in and around the cities of Lisbon, Porto, Setubal, Braga, and Aveiro. As the manufacturing industry becomes increasingly competitive around the globe, investors and business owners in Portugal have turned toward more technology-based products.
$ 1 crores
GDP in USD trillion
1 crores
Population (2019)
1
Area ( km. sq. )
Import Of Portugal

In 2018 Portugal imported a total of $89.9B, making it the number 39th trade destination in the world.
Main Import Countries

Export Of Portugal

In 2018 Portugal exported a total of $72B, making it the number 44th exporter in the world.
Main Export Countries

Major Sectors

Agriculture Fisheries Industry Energy Services

Portugal is a traditional wine grower, and has exported its wines since the dawn of western civilization; Port Wine, Vinho Verde and Madeira Wine are the leading wine exports. Portugal is also a quality producer of fruits, namely the Algarve oranges, cherries (large production in Cova da Beira and Alto Alentejo), and Oeste region's pêra rocha (a type of pear). Other exports include horticulture and floriculture products, beet sugar, sunflower oil, cork, and tobacco.
The South has developed an extensive monoculture of cereals and olive trees and the Douro Valley of vineyards. Olive trees (4,000 km2; 1,545 sq. mi), vineyards (3,750 km2; 1,450 sq. mi), wheat (3,000 km2; 1,160 sq. mi) and maize (2,680 km2; 1,035 sq. mi) are produced in vast areas.

The Portuguese fishing industry is fairly large and diversified. Fishing vessels classified according to the area in which they operate, can be divided into local fishing vessels, coastal fishing vessels and long-distance fishing vessels. These vessels are usually equipped to use more than one fishing method, such as hooks, gill nets and traps, and constitute the so-called polyvalent segment of the fleet.
The coastal fishing fleet accounted for only 13% of vessels but had the largest GRT (93%). These vessels operate in areas farther from the coast, and even outside the Portugal's Exclusive Economic Zone. The coastal fishing fleet comprises polyvalent, purse seine and trawl fishing vessels.

The Portuguese industry had a high development. Presently, the major industries in Portugal include: Machinery, electrical and electronics industries, automotive and ship building industries injection moulding, plastics and ceramics industries, textile, footwear and leather industries, oil refinery, petrochemistry and cement industries, beverages and food industries and furniture, pulp and paper, wood and cork industries.
Automotive and other mechanical industries are primarily located in and around Setúbal, Porto,Lisbon, Aveiro, Braga and Mangualde. Coimbra and Oeiras have growing technological-based industries, including pharmaceuticals and software. Sines has the largest oil refinery in the country and is a major petrochemical centre, as well as the busiest port in Portugal. Maia has one of the largest industrial parks of the country, including noted wood processing and food industries. Modern non-traditional technology-based industries like aerospace, biotechnology and information technology, have been developed in several locations across the country. Alverca, Covilhã, Évora, and Ponte de Sor are the main centres of Portuguese aerospace industry, which is led by the local branch of the Brazilian Embraer and by OGMA.

when wind power was virtually non-existent in Portugal, the country has become the 6th producer of this kind of renewable energy. Along with the traditional Hydroelectric energy, the Portuguese companies, including the biggest one in the country – EDP – and with the support of the government have heavily invested in new kinds of renewable energy, from then on. In 2010, 52% of the energy produced in Portugal was renewable.
In May 2016, Portugal became the second country in the world to be able to have all its energy consumption fully covered by renewable energy alone, for four consecutive days.

The tertiary sector has grown, producing 74.4% of the GDP and providing jobs for 65.9% of the working population. The most significant growth rates are found in the trade sector, due to the introduction of modern means of distribution, transport and telecommunications. Financial tertiary companies have benefited from privatisation, also gaining in terms of efficiency.
Some large Portuguese companies in the services' sector have committed themselves to internationalize their services, like the retailer Jerónimo Martins, which holds the largest supermarket chain in Poland and is also investing in Colombia. Worth to notice is also TAP Portugal, a company often used by transit passengers traveling between Europe, Africa and Latin America (mainly Brazil), which is particularly regarded by its safety record. Tourism in Portugal has developed significantly, generating 17.3% of GDP in 2017 and forecasted to reach 20.5% of GDP in 2018. In 2017, the number of foreign tourists jumped 12 percent to 12.7 million. Including domestic tourists, the total is about 21 million.

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Trade Fair Exhibition

portugal material
Global Summit and Expo on Materials Science and Nanoscience (GSEMSN)

Date : 02-09 Sept 2020
Place : Lisbon, Portugal

solar portugal
European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC)

Date: 11-09 Sept 2020
Place : Lisbon, Portugal

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