Exports and investment under debate

02/11/2021

AICEP will grant the awards for Best Exporting SME and Best Investment.

The Convent of São Francisco, in Coimbra, was the venue chosen to host, on November 8, AICEP's annual conference on "Exports & Investment". This year's edition will be held in a face-to-face format and, as usual, will include the awarding of the AICEP "Best Exporting SME" and "Best Investment" prizes, which distinguish the companies that, in 2019 stood out either for their internationalization or investment strategies, within the scope of projects funded by Portugal 2020.

The Recovery and Resilience Plan (RRP) will receive particular attention, with the presence of António Costa Silva, chairman of the National Monitoring Committee of the RRP who will speak on "The importance of the RRP for the relaunch of the Portuguese economy. The debate on "The role of business associations/companies for the success of the RRP in Portugal" will bring together António Saraiva, president of the CIP, José Eduardo Carvalho, from the AIP, and Luís Miguel Ribeiro, from the AEP. The conference will also include the interventions of Augusto Santos Silva, Minister of State and Foreign Affairs, Pedro Siza Vieira, Minister of State, Economy and Digital Transition, and Eurico Brilhante Dias, Secretary of State for Internationalization.

Export rising 

According to data from INE, between January and August of this year Portuguese exports of goods reached 41.1 billion euros, a figure 1.6 billion euros higher than in the same period of 2019. A figure that not only represents higher growth than in the pre-pandemic period, but is also the highest ever recorded in the first eight months of the year.

Spain, which is now the main destination for Portuguese products, with a weight of 26.2%, recorded an increase of 1,036 million euros compared to the same period of 2019. Also growing as customer markets are France, Gibraltar, the United States of America, Morocco, Belgium, Japan and Sweden. When it comes to products, machinery and appliances are the main national export (with a 14.4% share), followed by vehicles and other transport material.

Source: AICEP