Doing business in Portugal

With a population of 10.6 million and a GDP of €172.8 million (2010) Portugal has an important trading tradition and strong commercial links to the UK.

Portugal is currently the UK’s 11th largest export market in the EU and 28th worldwide, with sales of goods and services of £1.6bn in 2010. Links between the two countries have always been strong and bilateral trade is worth around £3bn.

It presents unique business opportunities across different sectors, striving to keep up with its European partners and further develop its international trade. With a population of 10.6m and a GDP of €172.837 million (2010) Portugal has an important trading tradition and strong commercial links to the UK.

What are the opportunities?

The opportunities for business in Portugal are not just in Portugal itself, but also in the rest of Iberia, and potentially in Portuguese speaking markets such as Angola or Brazil.

In addition Portugal is currently benefiting from a major injection of EU funding to bring its infrastructure up to the standards of other EU countries.

Guide to doing business in Portugal

UKTI has produced a guide aimed at companies experienced in overseas trade who are new to doing business with Portugal. This guide aims to provide a route map of the way ahead, together with signposts to sources of help.