Portuguese products are increasingly appreciated in international markets!
In such a demanding international environment, the evolution recorded in exports is the result of the work of all industries, which have increasingly turned to modernization and technology as a way of responding to such a competitive market.
At Olicargo, we support what is “Made in Portugal” and this is why we develop Transport and Logistics solutions that are fully customised and adapted to the different sectors, with the aim of valorising and promoting internationally what is best made in Portugal.
Find out about the latest results in sectors such as agri-food, cork, automotive and healthcare.
- Fruit, Vegetable and Flower Exports Exceed 1 billion
Although they grew by 8.3% in value between January and June, they fell by around 13% in volume. The main destination markets include: Spain, France, the Netherlands, Germany, the United Kingdom, Belgium and Japan.
In terms of value, the biggest increase was recorded in the vegetable segment, up 24% year-on-year, followed by preparations of vegetables and fruit (up 18%). Compared to the same period last year, fruit exports were down by around 3%. Ornamental plants and flowers followed the same trend (-3%).
The volume of exports fell by 13%. This was due to a reduction in some crops as a result of climate change, particularly ornamental plants and flowers (-24%). Fruit and vegetables fell by 18%.
In 2022, Portuguese exports of fruit, vegetables and flowers exceeded the 2 000 million euro mark for the first time. The main products exported were:
- Processed tomatoes (330 million)
- Small fruits (260 million euros)
- Citrus fruits (172 million)
- Pears (111 million)
- Fresh tomatoes (79 million)
- Cork Exports Reach “Historic Milestone”
In the first half of the year, they reached a total of 670.435 million euros (+3.2%), their best performance ever in terms of value. The rise was all the more remarkable as the volume of exports fell by about 15 %, indicating that the rise was due to a 3.2 % increase in the value added to exports.
In addition, Portugal is currently the leading producer, processor and exporter of cork worldwide, with over half of the total production, followed by Spain, Algeria, Morocco, Tunisia, France and Italy.
- Automotive parts exported up 20%
For the second month in a row, they exceeded the 1 billion euro mark. In June, they were up 20.1% year-on-year.
Cumulatively, the sector exported around three billion euros in the second quarter, an increase of 21.9%, bringing the result for the first half of the year to over six billion euros (+21.2%).
The main customers are Spain (1 714 million euro), Germany (1 332 million euro), France (662 million euro), Slovakia (263 million euro) and the United Kingdom (237 million euro), which together absorb 70% of Portuguese exports.
Currently, Portuguese car components are gaining more and more market share, as exports are growing faster than car production in purchasing countries such as Spain and Germany.
- Portuguese healthcare exports set to rise 35% in 2022
Just in the past decade, Portuguese medical exports have more than doubled. At the end of 2022, they reached 2,463 million euros. This represents an increase of 35% compared to the previo
High growth in sales of pharmaceuticals, which will increase by 25% in 2022, and pharmaceutical preparations, which will increase by 47%, will drive the rapid development of the sector.
As far as 2023 is concerned, in the first quarter, the sector has more than doubled its exports compared to the same period last year, from 479 million euros in the first three months of 2022 to almost 960 million euros between January and March of this year.
Sources:
The Plain. (2023). Cork exports reach “historic milestone” in 1st half of 2023. Consulted on September 7, 2023, at: https://j.planicie.pt/blog/2023/08/18/exportacoes-de-cortica-alcancam-marco-historico-no-1o-semestre-de-2023/?utm_source=brevo&utm_campaign=PEmpresarial%20666-23%20%20Mobilidade%20AEP%20e%20AFIA%20com%20empresas%20em%20Munique&utm_medium=email
Jornal de Negócios. (2023). Portuguese fruit, vegetable and flower exports rise 8% to over 1 billion. Consulted on September 7, 2023, at: https://www.jornaldenegocios.pt/empresas/comercio/detalhe/exportacoes-portuguesas-de-frutas-legumes-e-flores-sobem-8-para-mais-de-1000-milhoes
Portugal Global. (2023). Health Sector Exports Increase by 35 Percent in 2022. Consulted on September 7, 2023, at: https://www.portugalexporta.pt/noticias/exportacoes-fileira-saude-aumentaram-35-por-cento-2022?utm_source=brevo&utm_campaign=PEmpresarial%20658-23%20%20Exponor%20Modtissimo%20aponta%20a%20novo%20sucesso&utm_medium=email
Transportes e Negócios. (2023). Exports of car components rose 21%. Consulted on September 7, 2023, at: https://www.transportesenegocios.pt/exportacoes-de-componentes-automoveis-subiram-21/
