Portugal car export champions

in News · 31-01-2019 10:16:00 · 0 Comments
Portugal car export champions

A report published this week has revealed that 98 percent of all cars made in Europe have components which are made in Portugal.

The majority of parts are exported to Spain, followed by Germany, France and the UK. According to 2018 figures, this particular industry was worth over 11 billion euros to the Portuguese economy, totalling five percent of the country’s GDP. The national industry currently includes 265 factories across every region in the country, with the Algarve being the only exception.


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