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Trade

FIPA

Portuguese Food and Beverage Exports Climb 2.03% to €1.964 Billion in Q1 2026 Despite a 17.4% Collapse Into the United States — Bulgaria, Ireland and the Netherlands Carry the EU Tape, São Tomé and Cabo Verde Lead the CPLP Print

FIPA reads Portuguese food and beverage exports at €1.964 billion in Q1 2026 (+2.03% YoY) — EU sales rose to €1.350 billion (Bulgaria +35.1%, Ireland +27.6%) while exports to the US fell 17.4% on the Trump tariff regime, Morocco fell 21% and Angola fell 4.9%.

Agriculture

Portugal Recovers WOAH Avian-Flu-Free Country Status After 26-Foco H5N1 Window Closes — DGAV Confirms 4 May Reset on the December 2-26 2025 Outbreak Cycle, Bird Confinement Already Lifted in April

The Direção-Geral de Alimentação e Veterinária confirmed on 4 May 2026 that Portugal has recovered its status as a country free of highly pathogenic avian influenza, after the World Organisation for Animal Health validated the close-out of the 26-outbreak cycle that ran from 2 to 26 December 2025.

Economy

Trump Lifts EU Auto Tariff to 25% on Truth Social After Merz Iran Comments — ACAP Says Portugal's Direct Exposure Is Limited but Volkswagen Autoeuropa, Continental Lousado and the Component-Supplier Stack Hold the Indirect Channel

Trump's Truth Social post unilaterally lifts the EU auto tariff from the 15% July-2025 deal to 25% effective this week. ACAP says Portugal isn't directly exposed (most exports head to the EU) but flags the Volkswagen Autoeuropa, Continental Lousado and components stack to the global ripple.

Business

EU-Mercosur Interim Trade Agreement Begins Provisional Application on 1 May 2026 — Port Wine, Olive Oil and Metalomechanics Get Day-One Tariff Cuts as Beef and Rice Producers Brace for Quota-Driven Pressure

The commercial pillar of the EU-Mercosur Partnership Agreement begins provisional application on 1 May 2026. Portugal's wine, olive oil and metalomechanics exporters get day-one tariff cuts; beef, poultry and rice producers face quota-driven pressure with a safeguard clause Lisbon helped negotiate.