Portugal food exports do well under Covid-19

Portuguese exports have fallen off a cliff this year with the exception of agricultural produce.

In February, the Portuguese Minister for Agriculture, Maria do Céu Antunes, made the controversial statement that the Covid-19 pandemic could actually have a positive impact for Portuguese food product exports to Asian markets.

Eight months on, the export figures of foodstuffs have been published and the minister’s prediction was right. The agricultural products and foodstuff exports sector was the only sector to have improved its numbers on 2019 in Portugal.

And while the technology sector has been benefiting from the economic crisis caused by the pandemic, in terms of export growth, the Portuguese foodstuff sector has also been making gains, exporting more than last year according to the National Statistics Institute figures for January to August.

For the full report, CLICK HERE