SYN THESISINE@COVID-19, 23-Dec-2021

December . 23 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 17/20 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt • Of the enterprises with international sourcing: »76.4% relocated core business functions (45% of the enterprises were from manufacturing industries); » 72.9% have relocated business support functions, of which management and administration (34.9%; 13.6% of manufacturing industries) and ICT (31.4%; 18.2% of the other services sector) stand out; • Jobs lost and created because of international sourcing represented around 2%, in both cases, of the total number of persons employed by enterprises in 2020; • For 40.7% of the enterprises, strategic decisions made by the group head were the main motivation for undertaking international sourcing; • Most enterprises reported that the COVID-19 pandemic had no impact on international sourcing; Impact of the COVID-19 pandemic on international sourcing, 2020 2.9% 3.9% 3.0% 97.1% 96.1% 97.0% Has carried out, or intends to carry out, business func�ons in Portugal, previously carried out by interna�onal sourcing Has carried out, or intends to carry out, interna�onal sourcing of business func�ons Stopped interna�onal sourcing Has carried out, or intends to carry out, business func�ons in Portugal, previously carried out by interna�onal sourcing Has carried out, or intends to carry out, interna�onal sourcing of business func�ons Stopped interna�onal sourcing Yes No 2.2% 1.3% 1.8% 0.8% 2.6% 1.3% Yes, temporarily No, permanently The COVID-19 pandemic had a very high or moderate impact on cancelling orders or reducing orders from domestic and international customers for 59.4% and 50.7% of enterprises respectively. The perception was very impactful for more than 30% of the enterprises. More than half of the enterprises reported that the COVID-19 pandemic had no impact regarding changing sales channels. Impact of the COVID-19 pandemic on global trade, 2020 (% of total enterprises) More information is available at: International Sourcing and Global Value Chains – 2018-2020 (17 December 2021) 10.7% 13.5% 14.0% 15.1% 31.5% 35.6% 15.6% 26.5% 27.6% 28.1% 19.2% 23.8% 21.0% 26.7% 10.0% 19.5% 14.9% 16.6% 52.7% 33.4% 35.4% 37.3% 34.4% 24.0% Changing sales channels Harder to buy raw materials/intermediate products from Portuguese suppliers Difficul�es in bringing products produced in a foreign country to the enterprise located in Portugal or the freigh�ng of goods Harder to buy raw materials/intermediate products from interna�onal suppliers Cancella�on of orders or reduc�on of orders from interna�onal customers due to the COVID-19 pandemic Cancella�on of orders or reduc�on of orders from Portuguese customers due to the COVID-19 pandemic High impact Moderate impact Slight impact No impact