EENI-Business School

Doing Business in Portugal

EENI- School of International Business

Subject - Doing Business in Portugal. Portuguese Economy. Lisbon. Syllabus:

  1. Introduction to the Portuguese Republic
  2. Portuguese Economy
  3. Portuguese Foreign Trade
  4. Invest in Portugal
  5. International relations of Portugal with Europe, Sub-Saharan Africa, America, Asia
  6. Importance of the Community of Portuguese-speaking Countries
  7. Main Portuguese Companies
  8. Case Studies:
    1. PORTUCEL SOPORCEL Group
    2. Efacec Group
    3. Portugal Telecom
  9. Access to the Portuguese Market
  10. Business Plan for Portugal

The objectives of the subject “Doing Business in Portugal” are the following:

  1. To analyse the Portuguese economy and international trade
  2. To evaluate the business opportunities in the Portuguese Market
  3. To analyse the trade relations of Portugal with the country of the student
  4. To understand the importance of the Community of Portuguese-speaking Countries
  5. To know Portugal's trade agreements as a member of the European Union
  6. To develop a business plan for the Portuguese Market
Subject “Foreign Trade and Business in Portugal” is studied...
  1. Doctorate: Europe
  2. Professional e-learning Masters: Europe, International Business

Recommendations for Portuguese Students

Course learning materials in English + Spanish Portugal Portuguese Portugal French Portugal

  1. Credits of the subject “Doing Business in Portugal”: 1 ECTS
  2. Duration: one week

Description of the Subject - Doing Business in Portugal.

The Portuguese Republic (Europe)

  1. Capital: Lisbon
  2. Area: 92,212 square kilometres
  3. Portuguese Population: 10.46 millions of people
  4. Official Language: Portuguese
  5. Border with Spain
  6. Government: Unitary semi-presidential Constitutional Republic
  7. The Portuguese Republic has significant cultural and historical with Latin America, especially with Brazil. Also to its former colonies: Macau, Mozambique, Angola, Cape Verde and Sao Tome and Principe
  8. Abolition of the Slavery in Portugal: 1869

Religion: Catholicism (Christianity)

Portugal belongs to the Western Christian Civilisation (European Economic Area)

Portuguese Economy

  1. Portuguese GDP (nominal): 229,948 millions of dollars
  2. One of the most important features of the economic structure of the Portuguese Republic is the growing dominance of the services sector
  3. The Portuguese Service Sector contribute 73.6% to gross value added (GVA) and represent 59.3% of the labour market
  4. The global economic and financial crisis caused a contraction of domestic demand
  5. Main products of Portugal: textile, footwear, auto parts, chemicals, wood, cork oak, paper, metals, dairy products, wine, porcelain...

Portuguese Foreign Trade

  1. The Portuguese market has only 10.6 million people, but there are more than 249.6 million people who speak Portuguese worldwide (the fifth most spoken language in the world: Angola, Brazil, Cape Verde, Guinea-Bissau, Mozambique, Sao Tome and Principe, Macau...)
    1. These countries have significant trade relations with Portugal
    2. Foreign companies investing in Portugal can easily access to these markets
  2. The Portuguese Republic has a nominal growth of 11% in exports of products and services
  3. The Portuguese largest trading partner is Spain (23.5% of the Portuguese exports)
  4. As a member of the European Union, Portugal benefits of the EU Free trade agreements: Morocco, Mexico, Andean Community, Central America, Korea, India, etc. besides the Customs Union with Turkey

International Economic Relations of Portugal

  1. European Union (EU)
  2. Latin American and Caribbean Economic System (SELA)
  3. Asia-Europe Economic Meeting (Portugal) (ASEM)
  4. Cotonou Agreement: Africa-European Union
  5. Economic Commission for Latin America (ECLAC)
  6. Economic Commission for Europe (UNECE)
  7. Inter-American Development Bank (Non-borrowing country)
  8. Organisation of American States (OEA)
  9. African Development Bank
  10. Asian Development Bank
  11. International Monetary Fund
  12. OECD Anti-corruption Measures (Organisation for Economic Cooperation and Development)
  13. Community of Portuguese-speaking Countries (CPLP)
  14. Group of States against the corruption
  15. World Trade Organisation
  16. Organisation for Security and Cooperation in Europe (OSCE)
  17. World Bank
  18. Group of States of the Council of Europe Convention against the corruption (GRECO)

Portugal is also an observer country in the Latin American Integration Association (ALADI)

Examples of the subject - Foreign Trade and Business in Portugal:
Generalised System of Preferences (GSP)

European Union-Mexico Free Trade Agreement (FTA)

Isabel dos Santos (Richest African Woman)



(c) EENI- Business School