People still consider Portugal a predominantly agricultural country but it main exports are finished goods like cars. Almost 25% of the population are employed in manufacturing with less than 8% in agriculture, so the myth/stereotype of the Portuguese economy being farming is really very outdated.
The following export product groups represent the highest dollar value in Portuguese global shipments during 2020. Also shown is the percentage share each export category represents in terms of overall exports from Portugal.
- Vehicles: US$8.6 billion (13.9% of total exports)
- Electrical machinery, equipment: $5 billion (8.2%)
- Machinery including computers: $4 billion (6.5%)
- Plastics, plastic articles: $3.2 billion (5.1%)
- Mineral fuels including oil: $2.9 billion (4.6%)
- Clothing, accessories: $2.1 billion (3.4%)
- Furniture, bedding, lighting, signs, prefabricated buildings: $2 billion (3.2%)
- Paper, paper items: $1.9 billion (3.1%)
- Optical, technical, medical apparatus: $1.8 billion (2.9%)
- Footwear: $1.8 billion (2.9%)
Things you might expect to see like wine represent less than a $1 billion, olive oil $0.6b, cork & cork products $0.57b, fish $0.2b.
The economy of Portugal is ranked 34th in the World Economic Forum's Global Competitiveness Report for 2019 even though it is 89th largest country by population and 109th by landmass.
Pre-covid Tourism generating 17.3% of GDP, so we'd certainly welcome Trevor for an educational visit about the wonders of Portugal.