In trade Portugal, Russia and Ukraine, the numbers show a trade balance with the two countries, with a deficit on the national side.

In the case of Russia, Portugal’s 34th market and 16th, there is instability in the range of solutions, which is not an easy market to reveal. “We are a protection target, which has been talked about and where there are difficulties to fulfill”, the curriculum the fluidity of business, the Rafael Campos da Metalurgia Association, the Campos Pereira Association, about a geography that is in the top 30 destinations not for companies in the leading sector of national exports, but where he knows that “having a commercial agent is always a lottery”.

In the market presentation sheet of AICEP – Agência para o Investimento e Comércio Exterior de Portugal, it appears as one of the largest states in the world, with 149 million inhabitants and as the fifth European economy in terms of GDP, with third place in the classification of the world’s largest oil producers, third in natural gas, fourth in electricity.

The dish, with corn, is also the heaviest highlight of cereals, where it appears as the largest supplier in the country. With a population of 42 million inhabitants “and a markedly labor force”, says the presentation by AICEP, the Ukrainian economy based, above all, on the export capacity of its industrial and cereal sectors, but also a power in the production of eggs, with about of 50 million chickens poed against the 8 million in Portugal, indicates the president of CAC – Companhia Avícola do Centro, Manuel Sobreiro, worried about the competition of a possible diversion of exports from that country to Europe and other markets such as Israel, where presents as Portugal’s biggest competitor.

In Portuguese exports to Russia, as to Ukraine, cork is the leader, which means corks but insulation and decoration solutions and also justifies the apprehension with which João Rui Ferreira, president of the APCOR sectorial association, sees the evolution of the conflict. an east. In a record year in 127 exports, with a growth of 12% compared to 2020 and 20% compared to 2019, to 1,133 billion euros, Russia was the only market in the Top 10 to fall (6% and 24 % respectively), descending directly from 8th to 10th position. More: “cork can be penalized in partnership if the consumption of wine drops and like our others that Moscow does in client countries, such as France, Italy or Spain, decrease”, he anticipates.

But Portugal also has its third largest egg market in Russia, in the hatching eggs segment, a destination that presents itself as promising for the wine and furniture sectors.

In Ukraine, one of the sectors highlighted in exports is paper, which places The Navig as a leading company in national exports to the country, although declining the weight of this market and analyzing the impacts on its business, spread over 130 countries, under the argument of being listed on the stock exchange.

Minerals and minerals naturally lead as the brightest in Russia, accounting for 50% of the total value of national purchases in 2021, followed by iron and steel. And Russia’s importance as a supplier of all fuels explains the cross-sectoral concern about rising fuel costs. “One of the apprehension factors of our associated units is precisely the increase in compound prices, with an escalation of the conflict due to the dependence on gases from Germany and other countries”, says Gualter Morgado from APIMA – Portuguese Association of Furniture Industries and Afins, which also has an important market in Russia for some companies in the sector in the Award.

Cereals and other starting prices used in the country and from the beginning of the dates began to come to the warning signs about Ukraine, where the Ukraine warning comes from. In the case of maize, Fenalac – National Federation of Cooperatives of Milk Producers reported increases of 50% in the price per ton in the last year, to 298 euros, to which, in the last week alone, “under the direct pressure of the war”, plus 15 euros per ton.

Among the companies that lead Portuguese exports to the two countries there are several names that are repeated and some companies. In the case of Bosch Thermotechnology, number 2 is not classification from Russia, ª in Ukraine, the only reaction so far has come from the last parent, in Germany, and indicates that the company “is following with great concern the events in the region and their possible economic consequences”. “In the hope that everyone will soon return to the table of
to find a diplomatic economy, we are taking all travel to protect our employees, adds the multinational, indicating that Ukraine business has been suspended “if business travel has been suspended as domestic travel has already been severely used to protect our employees ”. “Our crisis management team is working to limit the impact on our customers as much as possible. We are working with ongoing observation of current companies, with a production unit in Krakovets, in western Ukraine, where it employs 170 euros in 2021. Bosch emphasizes that “they understand the initiatives adopted so far by the German government and its ”.