And Ship4you is an excellent example of this.
The e-commerce sector was one of those which was under the spotlight at the 13th Portugal Exportador event held at the Lisbon Conference Centre on 14th November. This segment of the economy will be of capital importance in coming years, reaching a value of $4.8 billion, according to Marta Jorge from the Portuguese Agency for Investment and Foreign Trade (AICEP). “Companies that do not profit from this change will see lower margins or lose opportunities for growth,” she warned, before pointing to Germany, UK, France and the USA as the main markets for Portugal, markets into which Ship4you sells its services.
At the event, António Ramalho, CEO of Novo Banco, also left a warning. “Exporting companies grow three times faster, have a higher net margin and, from the point of risk, are 30% better capitalised,” he explained to Dinheiro Vivo, before Eurico Brilhante Dias, secretary of state for international expansion, supported “a new wave of export growth”. In addition to e-commerce, the car and agrifood sectors were also in the spotlight at the event. The national agrifood industry employs 112,000 people and has an annual turnover of around €17 billion, and it still has room to grow. “The country must mobilise itself to find new opportunities and new outlets,” stated Amândio Santos, president of Portugal Foods.
Regularly working in 16 foreign markets, Ship4you is also a good example of the export market.