Why Portugal?
– Richness in basic raw materials (ranked seventh in the world with the annual cotton production about 375 thousand tons and production of synthetic and artificial fibers in substantial amounts).
– Geographical proximity to main markets, especially European markets.
– Short logistics period due to geographical proximity.
– Qualified and well-educated labor force.
– Liberal trade policies.
– Well-developed textile finishing industry.
– Giving importance to quality, environment, and human health, sensitivity to working conditions of workers.
– Customs Union agreement with the European Union and free trade agreements with many other countries.
– Well known for their flexibility and quick response, know-how, and innovation.
– Portugal has about 5000 companies laboring in all sub-sectors of the textile industry, located mainly in Northern Portugal (Porto, Braga, Guimarães, and Famalicão).
History
The textile arts in Portugal date back to time immemorial. The beginning of industrialization but may lie in the late eighteenth century.
In more recent times, with the growth of the cotton sector in the districts of Braga and Porto has developed a considerable trade with the colonies both in the acquisition of raw materials and the marketing of finished products.
Due to political and social changes in post-April 25, 1974, and the independence of the colonies, Portugal turned to Europe became a member of the European Union in 1986.
In the 70s and 80s, the Portuguese textile industry has developed its activity mainly due to the cost of labor comparatively lower, geographical proximity and cultural affinity.