Among Portugal’s chief exports are automobiles and transport components, machine tools, textiles, clothing, footwear, paper pulp, wine, cork, plastic molds, and tomato paste.
What is Portugal’s number 1 export?
Exports The top exports of Portugal are Cars ($4.73B), Vehicle Parts ($3.29B), Refined Petroleum ($2.23B), Leather Footwear ($1.84B), and Uncoated Paper ($1.26B), exporting mostly to Spain ($15.4B), France ($8.49B), Germany ($8.06B), United Kingdom ($4.33B), and United States ($3.58B).
What is Portugal’s biggest exports?
The major export commodities of Portugal are clothing and footwear (11.6%), motor vehicles (9.1%), and textiles (6.9%). Other exports include electrical distributing equipment (4.1%), paper products (3.2%), and refined petroleum products (1.9%).
What exports is Portugal known for?
Top Portuguese Exports
- Refined petroleum – $2.87 billion.
- Uncoated paper – $1.3 billion.
- Pure olive oil – $723 million.
- Copper ore – $306 million.
- Zinc ore – $284 million.
What does Portugal produce the most?
Wheat (3,000 sq km) and corn (2,680 sq km) are produced in vast areas, followed by barley, potatoes and rice. Larger plantations are the vineyards with 3,750 sq km, but the olive trees have the larger area of about 4,000 sq km. Portugal is one of the largest producers of olive oil (“azeite”) in the world.
Is Portugal poorer than Spain?
Spain is much richer than Portugal. Spain has the 15th largest economy in the world, Portugal the 55th largest. Spain has 4 times the population of Portugal and 5 times more territory.
Is Portugal a safe country?
Portugal is in the top 3 of the 2020 Global Peace Index, the ranking of the safest countries in the world. Portugal is beaten only by Iceland and New Zealand on this list of the safest countries, and is ranked far higher than neighbouring countries such as Spain and France.
What cars are made in Portugal?
There are currently 4 major car-manufacturers in Portugal: Toyota/Salvador Caetano, PSA Peugeot/Citroën, Mitsubishi FUSO Trucks and Volkswagen AutoEuropa and the cluster was recently consolidated through the installation of Mobinov.
What is the main industry in Portugal?
Economy of Portugal
|Main industries||textiles, clothing, footwear, wood and cork, paper, chemicals, auto-parts manufacturing, base metals, dairy products, wine and other foods, porcelain and ceramics, glassware, technology, telecommunications; ship construction and refurbishment; tourism, building materials|
Who is richer Spain or Portugal?
Gross domestic product
Being the hub of a few big banks, the Spanish economy produced a GDP of $1.237tn (£936bn) in 2016, according to World Bank data. By comparison, Portugal netted a GDP of $205.18bn (£154bn) that same year. GDP per capita in Spain is also higher than in Portugal.
Is Portugal richer than Brazil?
Brazil has a GDP per capita of $15,600 as of 2017, while in Portugal, the GDP per capita is $30,500 as of 2017.
Is Portugal a good place to live?
The fantastic climate, great quality of life and low cost of living are just some of the reasons many Americans choose to live in Portugal. Favorable tax treatment is also a big plus, and Portugal frequently tops ranking of best places in the world to live in.