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95% of Shoes Produced in Portugal Are Exported Abroad

95% of Shoes Produced in Portugal Are Exported Abroad

The best immigration information regarding the fact that 95% of shoes produced in Portugal are exported abroad can be found on the World Way Investment Immigration official website.

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    Portugal Immigration focuses on Portugal's Economy news: The shoe manufacturing industry is one of the oldest and most advantageous industries in Portugal. The Portuguese shoe industry began to develop in the 1960s and 1970s, with only 500 shoe enterprises and 15,000 employees in 1975. In just twenty years, it rapidly rose in Europe, reaching its peak by the mid-1990s.

 

95% of Shoes Produced in Portugal Are Exported Abroad

 

According to the Portuguese Footwear Association, there are 1,696 companies in Portugal engaged in the production of footwear products, components, and leather goods. The Portuguese shoe industry currently exports shoes at an average price of €23.45 per pair, ranking second in the world (the first being Italy), with 95% of shoes produced in Portugal being exported abroad.

In 2012, 95% of the total shoe production in Portugal was for export, with export value exceeding €1 billion for the first time. In 2013, the total value of footwear exports from Portugal increased by 144%, reaching €20 million, and ranked 7th among important countries importing footwear in the Chinese market. The Portuguese Footwear Manufacturing Association set a ranking target of 5th place for 2014.

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