Enterprises anticipate 6.5% increase in exports of goods in 2022

"Enterprises expect a nominal increase of 6.5% in exports of goods in 2022 vis-à-vis the previous year," revealed Statistics Portugal (INE) this Tuesday.

Enterprises are confident that 2022 will be a year of strong recovery, after two years of the pandemic crisis. Their outlook is that exports of goods will grow by 6.5% this year compared to 2021, according to Statistics Portugal (INE).

“Enterprises expect a nominal increase of 6.5% in exports of goods in 2022 vis-à-vis the previous year. The perspectives of enterprises point to a 7.7% increase in exports to Extra-EU countries and a 6.0% growth in exports to Intra-EU countries,” the statistics office announced.

If enterprises’ perspectives are confirmed, exports of goods in 2022 will be higher than those recorded in the pre-pandemic period.

“In terms of Broad Economic Categories (BEC), it is noteworthy the exports of Capital goods (except transport equipment), and parts and accessories thereof (+9.3%) and Food and beverages (+5.3%),” INE added.

For the year 2021, forecasts for the evolution of exports will have grown by 13.5%, following the 10.3% drop registered in 2020.