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Portugal
| Economy Overview |
| In terms of overall competitiveness, the World Economic Forum’s Global Competitiveness Report on Portugal http://www.weforum.org/pdf/gcr08/Portugal.pdf ranks it 43rd position out of 134 countries. Fisheries and agriculture account for about 4% of the GDP, employing 13% of the labor force. The tertiary sector (trade, transport, telecommunications, tourism) has grown, producing 66% of the GDP and jobs for 52% of the working population. The remaining 30% of GDP is mainly produced by the building and energy sectors (oil refineries, petrochemicals, cement electrical equipment). Agricultural products, wood and paper products, combustibles, chemicals, textile, clothing and footwear, machinery and electrical equipment are the country’s main export items.t. For an economic overview of the country, you can find statistical data on the website of the Bank of Portugal http://www.bportugal.pt/default_e.htm. And to learn more about investment in or to sourcing from Portugal, visit Portugal Global http://www.portugalglobal.pt/EN/Pages/Home.aspx. |
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| Economy Statistics |
| Exports: |
$37.68 billion f.o.b. (2004 est.) [?]
This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Export Commodities: |
clothing and footwear, machinery, chemicals, cork and paper products, hides [?]
This entry provides a rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
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Export Partners: |
Spain 25%, France 14%, Germany 13.5%, UK 9.6%, US 6%, Italy 4.3%, Netherlands 4% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Imports: |
$52.1 billion f.o.b. (2004 est.) [?]
This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Import Commodities: |
machinery and transport equipment, chemicals, petroleum, textiles, agricultural products [?]
This entry provides a rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
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Import Partners: |
Spain 29.3%, Germany 14.3%, France 9.3%, Italy 6.1%, UK 4.6%, Netherlands 4.6% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Portuguese Chamber of Commerce and Industry |
| Address: |
Rua das Portas de Stº. Antão, 89
1169 - 022 Lisboa |
| Phone: |
351.21.3224050 |
| Fax: |
351.21.3224051 |
| Website: |
http://www.port-chambers.com/ |
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