Latest news and stories about olive oil in finance in Portugal for expats and residents.
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Casa do Azeite warns that the EU–India deal could reduce costs or trade barriers, making Portuguese olive oil more affordable and easier to obtain for consumers.
The EU–India trade agreement creates a “rare opportunity” to expand Portuguese agri‑food exports, with olive oil singled out as the main beneficiary. The Federation of Portuguese Agri‑food Industries said there are “absolutely favourable conditions for olive oil exports” and described the pact as an unprecedented chance for the sector. To convert the opportunity into sustained growth, industry representatives stress the need for investment in production capacity, market development and compliance with buyer standards, while monitoring regulatory and logistical challenges that could affect competitiveness.
A new free trade agreement with South American partners is set to boost Portuguese exports of wine and olive oil by reducing tariffs and opening distribution channels. The deal also creates new market access for Portuguese cheese, presenting export opportunities for dairy producers. However, the agreement could put pressure on domestic beef, pork and poultry sectors, which may face increased competition and potential job and price impacts. Policymakers and industry groups will need targeted measures to support vulnerable meat producers while maximising gains for high-value agri-food exporters.
Portugal is one of the main exporters of olive oil and wine to Mercosur, but farmers expect losses in the meat sector.
Portugal's Minister of Agriculture says that, in light of the geopolitical situation, this trade agreement is essential, highlighting 'great opportunities' for products such as wine, olive oil and cheese.
