Portugal is on the right track. According to the “Sectors of Portugal”, prepared by Informa D&B, the value of production in the footwear sector grew by 6% in 2013 compared to last year, for a total of 1,910 million euros. The factors driving this increase, the report says, were the price and “good behavior” of foreign sales.
Additionally, the Portuguese Association of Furniture and Allied Industries (APIM) announced that this sector grew by 19% in exports between January and February, compared to the homologous period, reaching 224 million euros. The French market is the main destination of these products, taking Spain and Germany in the second and third. However, it is worth noting that sales to the UK rose 190% during the first two months of the year.
Similarly, car sales grew 40.5% in Portugal, in homologous terms, during the first quarter of the year, making it the leader in this area in the European Union.
[photo credit: hom26]
