Portugal

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About Portugal

Portugal, officially known as Portuguese is among the oldest nations of Europe and has its clout in colonization across the world. Their colonies spread across the world right from parts of Indonesia, parts of India, Africa, and South America. Portuguese being excellent sea explorers were the first to start searching for new routes and new lands. It was them who first set on a voyage to find a new sea route to India when Ottoman Turks cut down the trade route to India after they captured Constantinople (ancient Istanbul).

Economically Portugal is considered as a developed and high-income country. However the country suffered a setback during the 2008 global economic crisis.

The country’s economy is based on Agriculture, Fishing, Mining, and the Portuguese wine. The country is famous for wheat and cork production. It is also famous for a variety of vegetable and livestock products that includes barley, rice, maize, mushrooms, dairy products, poultry, and beef.

Forestry also adds to the economy in terms of engineer wood, furniture, and paper industry.

Portugal is known for mining of Copper, Tin and Gold.

The manufacturing sector in Portugal caters to automotive, aerospace, electronics, textiles, chemicals, etc.

Country Facts

 

Basic Details
RegionWestern Europe
Capital CityLisbon
Government TypeSemi-Presidential Constitutional Republic
Official LanguagesPortuguese, Mirandese
CurrencyEuro, EUR
Phone Code +351
Important CitiesLisbon, Porto, Amadora, Braga, Setubal, Coimbra, Queluz, Funchal
National DayRestoration of Independence Day (1st Dec)
Economy
GDP (nominal)USD 276.432 Billion
Ease of Doing Business Ranking39
Primary Industriestextiles and footwear, wood pulp, paper, and cork, metals and metalworking, oil refining, chemicals, fish canning, rubber and plastic products, ceramics, electronics and communications equipment, rail transportation equipment, aerospace equipment, ship construction and refurbishment
Foreign Relations
Bordering NationsSpain
Member ofAntarctic treaty system(ATS), European Communities(EC), European Economic Area(EEA), European Union(EU), North Atlantic Treaty Organization(NATO), Organisation for Economic Co-operation Development(OECD), Organization of Ibero-American States(OIAS), Organization for Security and Co-operation in Europe(OSCE), United Nations(UN), Union for the Mediterranean(UfM), World Trade Organization(WTO)
Major ExportsAutomobiles, Vehicles & Components, Mining, Metals & Minerals, Electrical Products, Machinery & Appliances, Plastics and Products, Books and Papers, Fashion and Apparel, Household Items & Products, Cosmetics and Accessories, Instruments & Optical Solutions, Pharmaceutical Products, Rubber and Products, Edible Oils & Seeds, Chemical Products, Food & Beverages, Spirits & Vinegar, Wood and Pulp, Fisheries, Sea Food & Crustaceans
Major ImportsMining, Metals & Minerals, Electrical Products, Automobiles, Vehicles & Components, Machinery & Appliances, Plastics and Products, Pharmaceutical Products, Chemical Products, Fisheries, Sea Food & Crustaceans, Instruments & Optical Solutions, Books and Papers, Household Items & Products, Animal Meat and Food Preperations, Fashion and Apparel, Cereals & Pulses, Wood and Pulp, Rubber and Products
Total Exports ValueUSD 82.560 Billion
Total Imports ValueUSD 115.291 Billion
Foreign Trade BalanceUSD 32.731 Billion (Deficit)
Foreign Relations with India
Flags
Maps
Trade Agreements with IndiaBilateral Agreement on Trade, Economic, Industrial and Technical Cooperation, MoU on: Renewable Energy, field of Civil Aviation, Marine Research and Resources, Invest India and Startup Portugal on Startup Partnerships field of Agriculture and Allied Sectors
Major Exports to IndiaMachinery & Appliances, Electrical Products, Plastics and Products, Wood and Pulp, Mining, Metals & Minerals, Chemical Products, Books and Papers, Hides, Leather & Tannery, Building & Construction Products & Services, Instruments & Optical Solutions, Silk & Textiles, Edible Oils & Seeds, Cosmetics and Accessories
Major Imports from IndiaSilk & Textiles, Mining, Metals & Minerals, Chemical Products, Fisheries, Sea Food & Crustaceans, Cosmetics and Accessories, Plastics and Products, Rubber and Products, Machinery & Appliances, Fashion and Apparel, Automobiles, Vehicles & Components, Electrical Products, Hides, Leather & Tannery, Ceramic Products
India's Imports ValueUSD 196.1 Million
India's Exports ValueUSD 1,005.41 Million
Trade Balance with IndiaUSD 195.1 Million (Excess)
Indian Embassy Details for PortugalEmbassy of India
H.E. Mr Manish Chauhan
Honourable Ambassador
Rua Pero da Covilha, 16, Restelo, Lisbon 1400-297, Portugal
amb.lisbon@mea.gov.in
00351 – 213041090 and 213041091
https://www.eoilisbon.gov.in/


Embassy Details of Portugal in IndiaPortugal
Embassy of Portugal
H.E. Mr. Joao Manuel Mendes Ribeiro de Almeida
Ambassador
4, Panchsheel MargChanakyapuriNew Delhi-110021
chancery.novadeli@mne.pt
011 4607 1006


Portugal
Consulate General of Portugal in Goa
Mrs. Maria Isabel de Carvalho Mendonca
Consul General
Jeevan Viwas- LIC Bldg, 2nd Floor, EDC Complex Patto, Panjim Goa 403 001
cgport1@goatelecom.com
22438044 (O)


Portugal
Honorary Consulate of Portugal in Mumbai
H.E. Mr. Somesh Chandra Batra
Honorary Consul
71, World Trade Center, Cuffe Parade Mumbai 400005
someshbatra@honconsulportugal.co.in / info@honconsulportugal.co.in
22 2215 0282


Portugal
Honorary Consulate of Portugal in Kolkata
H.E. Mr. Ravi Poddar
Honorary Consul
32 K New Road, Alipore, Kolkata - 700027
portconsul@raviauto.co.in
033-22272529/5/6 (O)


Portugal
Honorary Consulate of Portugal in Chennai
H.E. Mrs. Alison Florence Emoto
Honorary Consul
G.F A 46, College Road, Chennai - 600006
alisonemoto652@gmail.com
044-28263358 (O)