EXPORTER BUSINESS FABRIC CAN HELP ECONOMIC RECOVERY

Portugal has 35,562 exporting companies, 10,000 more than in 2008, which can contribute to the economic recovery resulted from the impact of the covid-19 pandemic, according to the consultant Informa D&B.

"Portugal has more than 35 thousand exporting companies [companies whose sale of goods and services on the foreign market represents, at least 5% of the turnover or more than one million euros in the year], more than 10 thousand than it registered in 2008. This increase, which was boosted as a response to the crisis from ten years ago, may be today an important contribution to the economic recovery of the crisis resulting from the covid-19", said in a statement Informa D&B.

According to the data provided by the consultant, this evolution translates into an increase in exporters from micro to large companies, in sectors related to services, as well as in the diversification of destination markets.

By sector, those linked to business services, industries and information and communication technologies were the ones that contributed the most to this growth.

Industries, wholesalers and business services represent close to 60% of the total of exporting companies.