PORTUGAL ECONOMY OVERVIEW ECONOMY OVERVIEW Business Meeting Lodz Special Economic Zone 11 May 2009.

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

ECONOMY OVERVIEWECONOMY OVERVIEW

Business MeetingBusiness Meeting

Lodz Special Economic ZoneLodz Special Economic Zone

11 May 200911 May 2009



European Union 27European Union 27

PORTUGALPORTUGAL

Inflation rateInflation rate 2.6%

excl. energy 2.2%

Unemployment Unemployment 7.6%

Public DeficitPublic Deficit 2.6%

(% GDP)(% GDP)

ExportsExports 33%

ImportsImports 42%

Foreign InvestmentForeign Investment (2007)(2007)

Inward 44%

Outward 28%

Main features - 2008Main features - 2008A 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

GDP M€ 166 128

GDP p/cap € 15 640

Population 10.6 mio

Employment

Rate (2007) 67.8%

GROSS DOMESTIC PRODUCTGROSS DOMESTIC PRODUCTReal growth rateReal growth rate

Source: INE , Eurostat


-2,0

0,0

2,0

4,020

03

2004

2005

2006

2007

2008

Portugal

EA 16

ECONOMY OVERVIEWECONOMY OVERVIEW

... through external trade ... through external trade


EXPORTS STRUCTURE EVOLUTIONEXPORTS STRUCTURE EVOLUTIONMain Sectors - 1985-2007Main Sectors - 1985-2007

Source: INE


(% 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


Main Sectors in Trade - 2008 Main Sectors in Trade - 2008

(% total)

0% 5% 10% 15% 20%

Footwear

Wood and Cork

Textiles

Paper

Chemical products

Food industries

Mineral fuels

Plastic and Rubber

Clothing

Base metals

Transport Equipment

Machinery

Exports

Imports

Automotive

Biotechnology

Forestry

Moulds

Technicalfabrics

... world performing clusters... world performing clusters

3,8 %

10,8 %

0

2

4

6

8

10

12

1996 2008

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 LSIGNIFICANT GROWTH OF SERVICES EXPORTS SIGNIFICANT GROWTH OF SERVICES EXPORTS

(% GDP)

... leading niche provider... leading niche provider

Construction Services

Technical Assistance

Services

ICT ServicesTourism

DIVERSIFYING EXPORT DESTINATIONSDIVERSIFYING EXPORT DESTINATIONS

… … growing in growing in Portuguese speaking Portuguese speaking

countriescountries


Extra EU Exports(in % of total trade)

26%

20%

0

5

10

15

20

25

30

2005 2008

Portuguese Speaking countries Exports(in % of Extra EU)

20%

30%

0

5

10

15

20

25

30

35

2005 2008

PORTUGAL – POLANDPORTUGAL – POLAND

External TradeExternal Trade


EXTERNAL TRADE: PORTUGAL - POLANDEXTERNAL TRADE: PORTUGAL - POLAND


0,0

50,0

100,0

150,0

200,0

250,0

300,0

350,0

400,0

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

(millions euro)

Exports Imports

0,2%

0,6%

0,6%

0,5%

0,1%

0,9%

Source: Eurostat, External Trade

Electrical machinery and equipment

Machinery and Mechanical appliances

Vehicles and accessories

Furniture

Rubber

Plastics

Soap and washing preparations

Articles of iron and steel

Wood

Iron and Steel

Pharmaceutical products

EXTERNAL TRADE - 2008EXTERNAL TRADE - 2008


Source: Eurostat, External Trade

PORTUGAL - POLANDPORTUGAL - POLAND PORTUGAL - WORLDPORTUGAL - WORLD

0% 5% 10% 15% 20% 25%

Exports Imports

0% 5% 10% 15%

Exports Imports

PORTUGALPORTUGAL

MAIN STRENGHTSMAIN STRENGHTS


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…


Strong investment in all Portuguese speaking

countries

Access to 230 Millions Consumers

Most modern telecom networks

Logistic Platforms

Network and privileged access

BUILDING ON NEW CHALLENGES - BUILDING ON NEW CHALLENGES -

RENEWABLE ENERGYRENEWABLE ENERGY


Share of renewable energy ingross electric consumption - 2007

4th Portugal 30.6%

EU 27 15.6%

windwindhydrohydro

solarsolar

wavewave

biomassbiomass

4th world wind energy producer

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%


ECONOMIC INFORMATIONECONOMIC INFORMATION

PORTUGALPORTUGAL

www.aip.ptwww.aip.pt



MAGNA CARTA FOR COMPETITIVENESSMAGNA CARTA FOR COMPETITIVENESS

ANNUAL REPORTS ON COMPETITIVENESSANNUAL REPORTS ON COMPETITIVENESS

BENCHMARKS AND RECOMMENDATIONSBENCHMARKS AND RECOMMENDATIONS

InformationInformation

• Economic Economic


Key short-term Key short-term indicatorsindicators

ForecastsForecastsStructural Structural indicatorsindicators

PORTUGAL ECONOMY OVERVIEW ECONOMY OVERVIEW Business Meeting Lodz Special Economic Zone 11 May 2009.

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