this post was submitted on 28 Oct 2024
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Germany. Bicycle parts.
Sure, the market leaders for drivetrain components are Shimano from Japan and Sram from the US.
But look into the higher-priced niches and there's:
A year ago I was surprised how large the Portuguese bicycle industry is, as I thought we had none. I assumed we wouldn't be able to compete with you guys, but turns out the Dutch are that Big an importer
LOTS of industry is also being outsourced to Portugal from other European countries.
It's basically the place to produce now, if you want your supply chain to be entirely within the EU.
Really? Over here we get the idea our taxes aren't competitive to draw foreign investment and some of the big industry ones are on the verge of moving out, like VW.
I understand drawing in some service industry that doesn't go to Ireland, but for the industrial sector sounds off to me. I am, however, not an economist.