Portugal Business
• Main exports: Clothing and footwear, machinery, chemicals and cork.
• Main imports: Machinery and transport equipment, chemicals, petroleum and textiles.
• Main trade partners: Spain, Germany, France, Italy and The Netherlands.
Economy
The manufacturing sector is dominated by the textile and footwear industries and machinery. Other important products are paper, cork and other wood products, electrical appliances, chemicals and ceramics.
Portugal joined the Eurozone upon its inauguration in 1999. Unfortunately, since then, the economy has stagnated - growth averaged 0.7% per year between 2002 and 2006, rising slightly (1.7%) in 2007. Unemployment stood at around 7.7% and inflation fell slightly to 2.4%.
Business Etiquette
Office hours: Mon-Fri 0900-1300 and 1500-1900.
Conferences & Conventions
Business Contacts
Câmara de Comércio e Indústria Portuguesa, Rua das Portas de Santo Antão 89, 1169-022 Lisbon, Portugal
Tel: 213 224 050.
Website: www.port-chambers.com
Confederação do Comércio e Serviços de Portugal (CCP)
Avenida Dom Vasco de Gama 29, 1449-032 Lisbon, Portugal
Tel: 213 031 380.
Website: www.ccp.pt
Lisbon Convention Bureau (Information on Conferences/Conventions)
Rua do Arsenal 15, 1100-038 Lisbon, Portugal
Tel: 210 312 700.
Website: www.visitlisboa.com
Porto Convention Bureau (Information on Conferences/Conventions)
Avenida Inferior a Ponte D Luis I 53-1, 4050-074 Porto, Portugal
Tel: 223 326 751.
Website: www.portocvb.com
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