Portugal

Public guarantees for insurance and export increase 54% to 4 billion

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 17:11:24 UTC.

Briefings

Portuguese state guarantees for export credit insurance and other internationalization instruments increased by 54% to 4 million euros in the first year of the Fomento Trade agency's operation, replacing COSEC. In Q1 2026, 558 million euros were allocated, with 46% for export credit insurance, 28% for short-term loans outside the OECD, 18% for export guarantee insurance, and 7.5% for other instruments. 2025 figures showed 632 million euros with 43% for export credit insurance and 27% for short-term loans outside the OECD.

Key points

• The Fomento Trade agency, replacing COSEC, raised the guaranteed limit for export credit insurance and related instruments from 2.6 to 4 million euros in the first year of operation.
• In Q1 2026, 558 million euros were allocated, with 46% specifically for export credit insurance, 28% for short-term loans outside the OECD, 18% for export guarantee insurance, and 7.5% for other instruments.

Context

The increase reflects the first year of the Fomento Trade agency's operation, which replaced COSEC. The 4 million euro limit is an aggregate ceiling, with specific allocations varying by instrument type and region.

Limitations

The evidence covers only Q1 2026 and 2025 data. Specific breakdowns for export credit insurance are not fully detailed, and the agency's full operational history beyond the first year is not covered.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 10/11/2026, 15:15:00 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeicj5njgplwr6mgcmt2vge5ojab667vbq4xjtggjnlhckiemlr3lca