According to the Portuguese Government, Portuguese exportation represents, annually, 41 percent of the GDP, being the country that has increased their exportation of the Eurozone the most.
Currently, Portugal exports more than countries such as Germany, France, Spain, and Italy, as written on the Government website. Spain, France and Germany are also the countries that receive most Portuguese products in their countries.
But what are the other countries buying from Portugal?
Cork is the most exported Portuguese product, with 90 percent of the production being sold to 133 countries. Usually, the product is bought to be used as a wine bottle stopper, but sometimes it is used to create various types of decoration or even purses. In 2021, Portuguese cork exportation reached a record of 1.133 million euros in sold products.
According to Expresso, Portuguese wine exportations, from January to September 2022, reached more than 675 million euros. Portuguese wine is sought by every continent in the world, for many reasons, such as having original products that do not exist in other parts of the world, like Green Wine or even Port and Madeira Wine. The United States of America, France and the United Kingdom are the countries that buy the most Portuguese wine in the world, followed by Brazil and Canada.
Portugal is the fourth biggest exporter of olive oil in the world, having turned Portugal from an importer of olive oil to one of the major exporters of the world. In 2019, Portugal exported 56 thousand tons of olive oil to countries that are not part of the European Union. It is expected that the production of olive oil will continuously rise, to grow the foreign market.
Even though with less quantity, Portugal still exports other products such as vegetables, chemical products, clothes and shoes and clothing materials. Nevertheless, ore and metals are gradually becoming more exported, representing 19.7 percent, according to Pordata, of the 2021 exportations.
It doesn’t please me that a lot of wine is being exported to Russia. It’s not illegal, but it certainly is not ethical to provide for criminals.
By Mary Jane McKitis from Alentejo on 23 Mar 2023, 10:48
Just to point out that no one in the wine business (or even the general public) in the Anglosphere uses the term "green wine". "Vinho verde" is always used, and almost universally understood.
By Mark Temple from Algarve on 23 Mar 2023, 10:54
Saying that Portugal exports more than France, Italy or Germany is so wrong the person that got this wrong should be laid off for not checking this stat as anyone with a high school diploma knows that this is not the case.
By David Jorge from Algarve on 23 Mar 2023, 16:28
Let's hope they deal with customers for export than they deal with it's internal customers. The majority of companies I have dealt with have been unreliable, incapable and shambolic.
By David Clark from UK on 24 Mar 2023, 08:53
You forgot to mention one of your biggest exporters of nurses & doctors for the size of the country in comparison to the rest of the world. I should know being a U.K. nurses recruiter
By James Brown from Algarve on 25 Mar 2023, 11:58
I'm not sure where these numbers came from but I Googled it and came up with:
Portugal’s 10 largest exports by value in 2021:
Vehicles: $9.5 billion
Electrical equipment: $5.8 billion
Other machinery (including equipment): $4.9 billion
Mineral fuels: $4.3 billion
Plastic: $4.2 billion
Knit & Clothing Accessories: $2.8 billion
Paper: $2.4 billion
Iron/Steel Articles: $2.3 billion
Furniture, lighting, prefabricated buildings: $2.3 billion
Iron and Steel: $2.1 billion
By Stuart Aberdein from Porto on 26 Mar 2023, 11:37
Portugal should copy Japan, and export as much, as it can possibly export. this would make the economy grow creating an economic BOOM. This would turn Portugal into a rich first world country. And at the same time it would provide jobs and work for the Portuguese people. It would raise the standard of living in Portugal, with better paying jobs. So why doesn't Portugal become the Japan of Europe? It's time to wake up Portugal.
By Tony from Other on 26 Mar 2023, 17:15