Export Performance of the Textile Industry: Influence of Financial Resources and Productivity

This study aims to examine the effect of certain factors on the export performance of the Portuguese textile industry. Considering the strong representation of European markets in Portuguese exports, we also aim to determine whether geographic diversification has an impact on export performance. Utilizing a multisectoral sample of 106 Portuguese small and medium-sized enterprises (SMEs) exporting textiles, this research adopts a quantitative methodological approach, applying a panel regression model to test our hypothesis after ensuring the reliability and validity of the data collected for this study. The study provides several findings for export-oriented firms, revealing that financial resources, productivity, and size are significant determinants of export performance. The findings resulting from empirical testing of the theoretical model provide new and important information for the Portuguese textile sector.