Portugal’s exports reach EUR 120 B for 2022
- Portugal Business News - Valerie Charoux
- Feb 20, 2023
- 1 min read
Portugal’s exports of goods and services reach nearly EUR 120 billion for 2022. This new record high figure represents a 33.9% growth compared to 2021 according to Portugal’s Central Bank, Banco de Portugal.
The Travel and Tourism sector grew by 109.7% compared to 2021, reaching over EUR 11 billion.
Spain was the main export market with a share of 20.6% of exports, followed by France with 12.4% and Germany with 10.8%.
Outside the EU, the main export market is the UK with 9%, followed by the US with 7% of total exports.
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