Don’t worry we won’t send you spam or share your email address with anyone. It’s similar in France, Spain, and Germany. The EORI number must be used in all electronic communications with Customs Offices and … Goods manufactured in the UK are exempt from import duties. Now Available Everyday. IP law, especially for patent protection, is not totally harmonised within the EU. The effective corporate tax rate is 29.5% to 31.5%. The internal market of the EU is a single market which allows the free movement of goods and services. Contact the Senior Trade Adviser for more information on opportunities in the agritech sector. After a difficult period, which included a 3-year bail-out programme, the Portuguese economy is now showing signs of recovery. During that period, all EU laws continue to apply in the UK. Exports to Portugal in China decreased to 327140 USD THO in October from 379568 USD THO in September of 2020. Find the countries that import more from Portugal based on sector. By browsing our website you grant us permission to store that information on your device. Total investment is estimated at EUR 5.1 billion with over 61% coming from EU funding. There is also an increase in the number of special events, concerts and exhibitions. Fiscal tightening will continue to guarantee the sustainability of public finances. The UK still is considered to be in the European space. For the movement of pets between most EU member states, a valid rabies vaccination is the only requirement. This offers opportunities for UK suppliers in the ports and other sectors, notably chemicals. The biggest investment is planned for infrastructure, especially transport. It will take only 2 minutes to fill in. Import Tariff. The system covers cats, dogs, and ferrets. by Formally the Portuguese Republic, Portugal exported $67.1 billion worth of goods around the globe in 2019. Export Taxes None Export Clearance Therefore, no import duties are applicable. To view this licence, visit or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: The top U.S. states exporting to Portugal were Portugal were Louisiana, Indiana, Texas, California, and New Jersey. Top 5 UK Exports by European country. Contact the Senior Trade Adviser for more information on opportunities in the ICT, advanced engineering and life sciences sectors. The Portuguese Ministry of Finance provides information on the Portuguese tax system and the conventions for the avoidance of double taxation. Excluding this category, sales went up 0.2 percent, boosted by shipments of machinery and other capital goods (12.1 percent) and food and drinks (5.2 percent), mostly to Spain. TEXCARE INTERNATIONAL FRANKFURT. The UK is the fourth largest investor in Portugal after Netherlands, Spain and Luxembourg. Fabrics - Clothing Textiles. Portugal’s Gross Domestic Product (GDP) grew by 0.9% in 2014. Despite recent reforms, the legal system is still complex and slow. You’ve accepted all cookies. These additional charges are calculated based on the item type and its value. Next, we look at the top exports to the UK’s largest European trade partners. United Kingdom Exports by Country Last Previous; European Union 13860.00 13964.00 GBP Million: Feb/20: Related. You can also check the current UKEF cover position for Portugal. Portugal is considered as one of the largest suppliers of tungsten, wine such as Madeira Wine and Port Wine) and cork. Portugal exports for 2019 was $104.22B, a 1.17% decline from 2018. Search for export opportunities. Find the countries that import more from Portugal based on sector, FOODS ITEMS,WINES,FRUIT JUICE ,CANNED SARDINES & FROZEN FISH, All the tools and resources you need to export your goods across the world, Development and printing of material for international communication, Air cargo and Sea Freight , Customs Clearence, TRANSPORT BY ROAD/SEA/AIR ; LOGISTCS AND WAREHOUSE SERVICES, Customs Broker, Customs Clearance Import and Export, International and National Transport. Contact the DIT team in Portugal for more information and advice on opportunities for doing business in Portugal. That being said, you only need a European passport to enter the country. For more information about WSB numbers email Defra at Portugal's exports to United Kingdom amounted to $4.1 billion or 6.1% of its overall exports. Trade: The top exports of Portugal are Cars ($4.33B), Vehicle Parts ($3.56B), Refined Petroleum ($2.87B), Leather Footwear ($2.16B), and Uncoated Paper ($1.44B). When shipping something internationally, your shipment may be subject to import duties and taxes.