Cross-border converter
CNAE-2025 46.48 → CAE Rev 4 equivalent (Portugal)
Spain's national activity classification (CNAE-2025) shares its 4-digit backbone with the EU NACE Rev 2.1 standard. We use that backbone to surface the equivalent CAE Rev 4 subclass(es) used in Portugal.
Shared EU parent
46.48
Wholesale of watches and jewellery
46.48
Comercio al por mayor de artículos de relojería y joyería
46480
Comércio por grosso de relógios e de artigos de ourivesaria e joalharia
Compreende também comércio por grosso de pedras preciosas transformadas, naturais, sintéticas ou reconstituídas.
About this conversion
CNAE-2025 is the activity classification used in Spain. CAE Rev 4 is the equivalent system in Portugal. Both are national implementations of EU NACE Rev 2.1, so any 5th-digit subclass in one system can be traced back to a shared 4-digit EU class — and from there, forward into the other country's subclasses.
This page is generated for the query "CNAE-2025 46.48 to CAE Rev 4" and stays in sync with our monthly Market Intelligence sync.