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A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
PORTUGALPORTUGAL
European Union 27European Union 27
PORTUGALPORTUGAL
ECONOMY OVERVIEWECONOMY OVERVIEW
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Inflation rateInflation rate 2.4%
excl. energy 2.3%
Unemployment Rate Unemployment Rate 8%
Public DeficitPublic Deficit 2.6% of GDP
(% of GDP)(% of GDP)
ExportsExports 33%
ImportsImports 40%
Stock InvestmentStock Investment
Inward 44%
Outward 28%
Main features - 2007Main features - 2007A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SA
C O N F E D E R A Ç Ã O E M P R E SA R I A L
Services75,5%
Construction 6,4%
Agriculture2,7% Industry
15,5%
Value Added by activity
GDP 162 919 million €
GDP per head € 15 363
Population 10.6 millions
Employment 5.2 millions
Employment Rate 67.8%
GROSS DOMESTIC PRODUCTGROSS DOMESTIC PRODUCTReal growth rateReal growth rate
Source: Eurostat
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
-2,0
0,0
2,0
4,0
6,0
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Portugal
Euro area
ECONOMY OVERVIEWECONOMY OVERVIEW
... through external trade ... through external trade
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
EXPORTS STRUCTURE EVOLUTIONEXPORTS STRUCTURE EVOLUTIONMain Sectors - 1985-2007Main Sectors - 1985-2007
Source: INE
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
(% total)
3,8
5,2
11,7
11,8
12,4
13,3
17,7
12,8
3,5
4,5
19,8
8,5
8,8
6,9
0 5 10 15 20 25
Transport Equipment
Footwear
Textiles
Machinery and appareils
Agric. and Food Prods
Wood, Cork and Paper
Clothing
1985 2007
Source: INE
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A LMain Sectors in trade - 2007 Main Sectors in trade - 2007
0% 5% 10% 15% 20%
Footwear
Wood and Cork
Mineral fuels
Paper
Textiles
Food industries
Chemical products
Plastic and Rubber
Clothing
Base metals
Transport Equipment
Machinery
Exports
Imports
(% total)
Automotive
Biotechnology
Forestry
Moulds
Technicalfabrics
... world performing clusters... world performing clusters
Source: Balance of Payments, Banco de Portugal
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
SIGNIFICANT GROWTH OF SERVICES EXPORTS SIGNIFICANT GROWTH OF SERVICES EXPORTS
3,8
10,0
0,0
2,0
4,0
6,0
8,0
10,0
12,0
1996 2007
(%)
(% GDP)
ICT ServicesTourism
Construction Services
Technical Assistance
Services
... leading niche provider... leading niche provider
DIVERSIFYING EXPORT DESTINATIONS DIVERSIFYING EXPORT DESTINATIONS
(EU-EXTRA EXPORTS IN % TOTAL EXPORTS)
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Source: Eurostat
20,0
23,3
18
19
20
21
22
23
24
2004 2007
18%
30%
... growing in Portuguese speaking countries... growing in Portuguese speaking countries
PORTUGALPORTUGAL
MAIN STRENGHTSMAIN STRENGHTS
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
THE CAPACITY OF CHANGINGTHE CAPACITY OF CHANGING
e-Government availability
e-Government Sophistication
Technological Plan fostering company innovation and broadband Investment
Administrative Simplification Company on time
ATM - 12 000 equipments 30 services provided
R&D Centers of multinational companies
Portugal Spain Ireland EU 27
70% 50%
90%
59%
Portugal Spain Ireland EU 27
82% 78%
90%
77%
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
BUILDING ON NEW CHALLENGES - BUILDING ON NEW CHALLENGES -
RENEWABLE ENERGYRENEWABLE ENERGY
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Share of renewable energy ingross electric consumption - 2006
1st Austria 53.4%2nd Sweden 46.8%3rd Portugal 30.6%EU 15 14.9%
windwindhydrohydro
solarsolar
wavewave
biomassbiomass
4th world wind energy producer
A PEACEFUL COUNTRY TO INVESTA PEACEFUL COUNTRY TO INVEST
Source: Global Peace Index 2008 Economist Intelligence Unit Nations considered the most peaceful have lower index scores
Committed to the European Growth and Stability Pact
Quality of life
Diversity of qualified, multilingual workforce
Suppliers capacity for big corporations
CountryRank
Japan
Iceland
Denmark
Norway
New Zeland
Ireland
Portugal
1
2
3
4
5
6
7
Score
1.176
1.333
1.343
1.350
1.358
1.410
1.412
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Macau
Guinea-BissauSao Tome and Principe
Cape Verde
BrazilEast Timor
MozambiqueAngola
PortugalPortugal
A GEOSTRATEGIC LOCATIONA GEOSTRATEGIC LOCATION
• New stage on GlobalisationNew stage on Globalisation• Main investor in Brazil, Angola…Main investor in Brazil, Angola…
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Strong investment in all Portuguese speaking countries
2004-2006 (Millions €)
Angola 696,8Brazil 1 210,1Cape Verde 81,8Mozambique 83,2
Access to 230 Millions Consumers
Most modern telecom networks
Logistic Platforms
Network and privileged access
Portugal – IndiaPortugal – India
Economic PartnersEconomic Partners
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
(Mil
lio
ns
€)
Source: Eurostat
PORTUGAL - INDIAPORTUGAL - INDIA EXPORTS AND IMPORTSEXPORTS AND IMPORTS
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
0,6% of total
0,1% of total
A distant partnerA distant partner
0
50
100
150
200
250
300
350
400
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Import
Export
PORTUGAL – INDIAPORTUGAL – INDIA
EXPORTS AND IMPORTS - MAIN PRODUCTS - 2007EXPORTS AND IMPORTS - MAIN PRODUCTS - 2007
(% o
f to
tal)
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L
Source: Eurostat
EXPORTSEXPORTS
14,7
8,87,8
6,05,4 5,4
0,0
2,0
4,0
6,0
8,0
10,0
12,0
14,0
16,0
Machineryand
mechanicalappliances
Raw hidesand leather
Electricalmachinery
andequipment
Plastics Aluminium Footwear
IMPORTSIMPORTS
17,5
11,6
7,86,8 6,5
0,0
2,0
4,0
6,0
8,0
10,0
12,0
14,0
16,0
18,0
Cotton Mineral fuels Electricalmachinery and
equipment
Footwear Fish andcrustaceans
(Mil
lio
ns
€)
Source: Eurostat
PORTUGAL - INDIAPORTUGAL - INDIA A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SA
C O N F E D E R A Ç Ã O E M P R E SA R I A L
0
50
100
150
200
250
300
350
400
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Import
Export
TR
AD
E I
N G
OO
DS
TR
AD
E I
N G
OO
DS
TR
AD
E I
N S
ER
VIC
ES
TR
AD
E I
N S
ER
VIC
ES
0,0
2,0
4,0
6,0
8,0
10,0
12,0
14,0
16,0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Import
Export
A SSO C I A Ç Ã O I N D U ST R I A L P O R T U G U E SAC O N F E D E R A Ç Ã O E M P R E SA R I A L