Economy

US wine importers have stopped taking orders of Portuguese wines because of the uncertainty of reciprocal tariffs threatened by the US government. Paulo Amorim, president of ANCEVE, the national [...]

Portugal’s government is running a serious risk of failing to meet its pledge to build nearly 60,000 new homes at affordable prices to help solve the country’s housing crisis unless its reduces [...]

Portugal’s government held emergency meetings with business and industry associations on Tuesday to hammer out a tariff impact mitigation plan and beef up credit lines for competitiveness and [...]

Last year, Portugal’s exports to the US stood at around €5.4Bn, making the country the most important single exports destination for Portuguese goods and services after the European Union. Its [...]

The impact of economic diplomacy on the internationalisation of companies and the power of entrepreneurialism in attracting capital were among the topics discussed at the conference ‘Economic [...]

Portugal’s economy kicked off 2025 with the largest surplus in services trade ever recorded, posting over €2Bn. It means that never before since statistics on such figures have been published [...]

Portugal’s Minister of the Economy, Pedro Reis, underscored three vital policy priorities for the country’s economy on Friday for whichever party won the country’s general election on may 18: [...]

Portugal’s economy posted an overseas balance of payments surplus of €535 million in January, down €397 million like-for-like in 2024 according to the Bank of Portugal. The data from the central [...]

Most sectors of Portugal’s industrial economy were almost stagnant in 2024 after recording losses in 2023. According to data released by the National Statistics Institute last week, the gross [...]

The share of Portugal’s exports on GDP fell for the second year running in 2024 after having enjoyed a historic 50% of total GDP in 2022. Part of the reason behind the strong percentage of [...]