Portugal

Political relations

Our bilateral relationship with Portugal is excellent in all areas, and our cooperation has increased significantly in recent years. Our dialogue has increased with the signing of new agreements concerning language, taxation and education, as well as in the field of posted workers and health care.

Portugal is also one of France’s key international partners. In addition to European issues, we converge on major international issues, particularly in Africa.

Economic relations

France is one of Portugal’s main trading partners. With €12.4 billion in trade in 2021, our country remains Portugal’s second-largest customer and foreign investor (behind Spain), and the third-largest supplier (behind Spain and Germany). Portugal, meanwhile, is France’s 17th-largest customer and 16th-largest supplier.

French companies are present in a range of sectors in Portugal, and many have been established there for many years. There are almost 1,000 subsidiaries of major French companies in Portugal. There is a significant and long-standing presence in industry, particularly with regard to transport but also in the areas of chemistry and electricity and electronics. For example, French car manufacturers and subcontractors (Stellantis, Renault, Faurecia, GMD Eurocast) and French aviation subcontractors (Lauak, Mecachrome) have factories in Portugal. Major retail companies also have a strong presence. The energy sector, and renewables in particular, is especially buoyant for French companies (e.g. investments by Engie).