Intra-EU trade accounts for 74% of Poland's exports (Germany 29%, Czechia 6% and France 5%), while outside the EU 6% go to the United Kingdom and 3% from both Russia and the United States. Poland Agricultural Machinery Market - International Trade Administration Poland (POL) Exports, Imports, and Trade Partners | OEC The capital city, Warsaw, has the country's only rapid transit system: the Warsaw Metro. Facing a Foreign Trade AD/CVD or Safeguard Investigation? [35], However, the economic fluctuations of the business cycle did affect Poland's unemployment rate, which by early 2013 reached almost 11%. Scottish salmon was the UK's biggest food export in 2022, after accounting for GBP 578 million, down 6 percent compared to 2021, while in terms of volume, there was a . Wzrost PKB o 827 proc", "GUS: wzrost PKB pod koniec roku by nieco sabszy ni kwarta wczeniej", "Wskanik PMI dla Polski w styczniu na poziomie 48,2 pkt. The agricultural sector remained handicapped by structural problems, surplus labor, inefficient small farms, and a lack of investment. 2010 the World Economic Forum ranked Poland near the bottom of OECD countries in terms of the clarity, efficiency and neutrality of the legal framework used by firms to settle disputes.[69]. The total value of global exports is $10.6 billion. The country's rising exports to China threaten its position as the world's. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. This, in addition to the size and location of the domestic market, as well as the access it affords to the larger EU market, makes Poland a very promising export market for U.S.firms. 1) AllDoing Business 2018rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. Vehicles: $9.5 billion 2. With 38 million people, Poland is the largest single market among the new European Union (EU) states and 5th among all EU member states. Arif Patel and his gang tried to steal 97m through VAT . [50], The rate fell below 8% in 2015 and[51] 3.2% in 2019[52] leading to a labor deficit.[53]. South Korea is using a $13.7bn arms deal with Poland Seoul's biggest ever to lay the groundwork for a military-industrial juggernaut that the two nations' defence companies hope will . However, Ernst & Young's 2010 European attractiveness survey reported that Poland saw a 52% decrease in FDI job creation and a 42% decrease in number of FDI projects since 2008. Poland (27%) is the 3rd largest exporter behind China (29.3%) and India (23.3%). Poland exports rose by 15.5% year-on-year to EUR 30,012 million in March 2023 from EUR 25,990 million in the corresponding month of 2022 due to a further increase in shipments of transportation means, namely, vans, automotive parts, passenger cars, road tractors and lithium-ion batteries. LPI 2016 ranks 160 countries on six dimensions of trade -- including customs performance, infrastructure quality, and timeliness of shipments -- that have increasingly been recognized as important to development. Currently ranked the 23rd largest export economy in the world, Poland exports $259 billion of goods and imports $278 billion, resulting in a negative trade balance of $18.6 billion. Lawrence has served as an expert witness in a number of high profile trials in US Federal and international courts. Poland's biggest import and export partner is its neighbor, Germany. Observatory of Economic Complexity. For India NTM's in Chapter A and B are not covered. However, Poland is the leading EU producer of potatoes and rye and is one of the world's largest producers of sugar beets and triticale. Poland- Inflation rate 2028 | Statista Trade assesses how the policy framework fosters trade in goods. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. [88] More than half of Poles who are economically active have a job (56%). It formed in 1961 to develop a copper deposit located north of some existing small mines in Lower Silesia, which is in southwest Poland. Show paragraph "to preserve Europe's business model" is the exact recipe for losing out: the old business model has been preserved too long (see Germany's car industry's insistence on the diesel engine), we must reorganize and focus on our own market instead of on exports and generate the industries necessary to fulfill the needs of an ageing population while showing the young a positive . GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita, Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$), Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD, Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP), Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS. Poland Exports May 2023 Data - 2000-2022 Historical - TRADING ECONOMICS List of countries by exports - Wikipedia Following a GDP decline of 2.7% in 2020, GDP increased by 5.7% in 2021. According to Tourist Institute's data, Poland was visited by 15.7 million tourists in 2006, and by 15 million tourists in 2007,[79] out of the total number of 66.2 million foreign visitors. Polands exportsin 2021 increased by 22.8% and were valued at $339.3 billion in current prices (Statistics Poland),and importsincreased by 28.8%, valued at$339.7billion. LPI Score demonstrate comparative performancethe dimensions show on a scale (lowest score to highest score) from 1 to 5 relevant to the possible comparison groupsof all countries (world), region and income group. The countrys exports have grown over the last five years from $196 billion in 2013 to $259 billion in 2018 (an increase of $63.4 billion). w XII", "Poland's Top Insurer Buys a Stake in Alior Bank, with More of the Same to Follow", "Poland's rush to banking sector socialism", "Poland should aim to merge state-run companies - minister", https://www.nasdaq.com/articles/pkn-ready-to-offer-concessions-after-eu-warning-on-lotos-bid-sources-2020-03-30, "Poland's government wants to take control of banking", "Poland close to buying PKP Energetyka from CVC Capital Partners -ruling party leader", "Poland Eyes Grocery Chain as It Takes Back Control of Economy", "File:Unemployment rates, seasonally adjusted, October 2015.png - Statistics Explained", "Unemployment statistics - Statistics Explained", "Unemployment in Bulgaria in November 2019 was 3.7% Eurostat", "Poland facing risk of labor force deficit in 2015". Currently ranked the 23rd largest export economy in the world, Poland exports $259 billion of goods and imports $278 billion, resulting in a negative trade balance of $18.6 billion. South Korea is using a $13.7 billion arms deal with Poland - Seoul's biggest ever - to lay the groundwork for a military-industrial juggernaut that the two nations' defence companies hope will . Most FDI into Poland comes from France, Germany and the Netherlands. Poland's economy standing strong but Ukraine war sparks GDP fears - CNBC From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. By . Poles continue to demonstrate a strong affinity for the United States and its products. In 2018, venture capital funds invested 178M in Polish startups (0.033% of GDP). In the coming years, Poland is to receive approximately EUR 4.5 billion for the modernization of railways. . The best recreational destinations include Poland's Masurian Lake District, Baltic Sea coast, Tatra Mountains (the highest mountain range of Carpathians), Sudetes and Biaowiea Forest. Ukraine remains one of Poland's most significant natural resources and a major export market for furniture. 17.5 million of this number are arrivals considered for tourism purposes (with at least one night's stay), making it the 16th most visited country in the world. The core inflation rate is expected to remain high in 2022 (10.8% according to the National Bank of Poland (NBP)). Fiscal policy will support economic activity, buoyed by spending from EU funds, but tightening monetary policy will limit economic growth. Poland - Energy Sector - International Trade Administration Lack of credit is hampering efforts to sell former state farmland. Poland Exports By Country - TRADING ECONOMICS The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Unemployment rate in the CEE region 2009-2022, Yearly price indices of consumer goods and services in Poland 1989-2022, Monthly consumer price index in Poland 2018-2023, Average monthly gross wages in national economy in Poland 1995-2022, Gross Domestic Product in Poland from 2011 to 2021 (in million zloty), Annual percentage change in the Gross Domestic Product in Poland from 2011 to 2022*, Quarterly change in the gross domestic product (GDP) in Poland from 2018 to 2023, Volume growth rate of real gross domestic product in Poland 2020-2022, by segments, Volume growth rate of gross domestic product (GDP) in Poland from 2020 to 2022, by segments*, GDP per inhabitant in current prices in Poland 2019-2021, by regions, Gross Domestic Product (GDP) per inhabitant in current prices in Poland from 2019 to 2021, by regions (in 1,000 zloty), Size of hidden economy in creating GDP in Poland 2019-2020, Share of hidden economy in creating gross domestic product (GDP) in Poland from 2019 and 2020, Real GDP growth forecasts in Poland 2021-2026, Forecasts of the real Gross Domestic Product (GDP) growth in Poland from 2021 to 2026, Employment rate of persons aged 15-64 in Poland 2010-2021, Employment rate of persons aged 15-64 in Poland from 2010 to 2021, Registered unemployment rate in Poland 1990-2022, Registered unemployment rate in Poland from 1990 to 2022, Activity rate of persons aged 15-89 years in Poland 2021-2022, Activity rate of persons aged 15-89 years in Poland from 2021 to 2022*, Number of self-employed persons in Poland 2015-2020, Number of self-employed people in Poland from 2015 to 2020 (in 1,000s), Number of jobs in Poland from 2019 to 2022 (in 1,000s), Number of vacant jobs in Poland from 2005 to 2022* (in 1,000s), Average monthly gross wages and salaries in the national economy of Poland from 1995 to 2022* (in zloty), Average real wage and salary growth in Poland 2008-2022, Average real wage and salary growth in Poland from 2008 to 2022*, Average weekly hours worked on the main job in Poland 2000-2021, Average usual weekly hours worked on the main job in Poland from 2000 to 2021, Annual consumer price index (CPI) in Poland from 1989 to 2022, Monthly consumer price index (CPI) change of goods and services in Poland from 2018 to 2023, Consumer price index in Poland 2020-2023, by product type, Consumer price index (CPI) in Poland from 2020 to 2023, by type of product, Rate of inflation for food in Poland 2015-2022, Inflation rate for food in Poland from December 2015 to December 2022, Products and services with the highest consumer price index in Poland 2022, Harmonised Index of Consumer Prices (HICP) for products and services in Poland compared to the EU average in December 2022, Annual average CPI forecasts in Poland 2022-2025, Forecasts of the annual average consumer price index (CPI) in Poland from 2022 to 2025, Execution of the state budget in Poland 2021, Execution of the state budget in Poland in 2021* (in million zloty), Year on year change in execution of the state budget in Poland 2022, Year-on-year change in the state budget in Poland in 2022, State budget tax revenue in Poland in 2021* (in million zloty), Government debt in relation to GDP in Poland 1995-2022, General government debt in relation to Gross Domestic Product (GDP) in Poland from 1995 to 2022, Poland: change in government debt as share of GDP 2011-2020, Change on previous year of general government consolidated gross debt as a share of gross domestic product (GDP) in Poland from 2011 to 2020, Government revenue as a share of GDP in Poland 2000-2022, Government revenue as a share of gross domestic product (GDP) in Poland from 2000 to 2022, Government expenditure as a share of GDP in Poland 2000-2022, Government expenditure as a share of gross domestic product (GDP) in Poland from 2000 to 2022, General government expenditure in Poland 2019, by function, Total government expenditure as a percentage of GDP in Poland in 2019, by function, Government expenditure as a share of GDP forecast for Poland 2022-2027, Forecasted government expenditure as a share of gross domestic product (GDP) in Poland from 2022 to 2027, Financial result of selected state-owned companies in Poland 2020-2021, Financial result of companies owned by the state in Poland between 3rd quarter 2020 and 3rd quarter 2021, by company (in million zloty), Poland's contributions to and receipts from the EU budget 2004-2022, Poland's contributions to and receipts from the European Union budget from 2004 to 2022 (in billion euros), Number of small medium-enterprises (SMEs) in Poland 2018-2020, by size, Number of small and medium-sized enterprises (SMEs) in Poland between 2018 and 2020, by size, Number of microenterprises in Poland 2008-2020, Number of microenterprises in Poland from 2008 to 2020 (in 1,000s), Number of enterprises and their foreign entities in Poland 2011-2021, Number of enterprises and their foreign entities in Poland from 2011 to 2021, Number of new and liquidated enterprises in Poland 2008-2021, Number of new and liquidated enterprises in Poland from 2008 to 2021 (in 1,000s), Number of business enterprises in Poland 2014-2020, Number of active, newly-born and liquidated business enterprises in Poland from 2014 to 2020, Number of economic entities registrations in Poland 2019-2022, Number of registrations of economic entities in Poland between the 1st quarter of 2019 and 4th quarter of 2022, by business sector*, Corporate income tax payers in Poland 2020-2021, Largest corporate income tax (CIT) payers in Poland from 2020 to 2021 (in million zloty), Largest private companies in Poland 2022, by value, Ranking of the largest private companies in Poland in 2022, by company value (in billion zloty), Companies with highest capitalization on the Warsaw Stock Exchange in Poland 2022, Biggest companies on the Warsaw Stock Exchange (Gieda Papierw Wartociowych) in Poland as of October 2022 (capitalization in billion zloty), Ranking of brands in Poland 2022, by value, Leading brands in Poland in 2022, by value of brand (in million zloty), First export partner in Poland 1929-2021, by export share, Leading export partner of Poland from 1929 to 2021, by share of exports, Value of total product exports from Poland 2000-2021, Value of total product exports from Poland from 2000 to 2021 (in billion euros), Export value in Poland 2020-2021, by commodity group, Value of exports from Poland from 2020 to 2021, by commodity group (in million euros), Export revenue in Poland 2021-2022, by major country, Value of Polish exports to selected countries from 2021 to 2022 (in billion euros), Value of total product imports to Poland 2000-2021, Value of total products imported into Poland from 2000 to 2021 (in billion euros), Import value in Poland 2020-2021, by commodity group, Value of imports from Poland from 2020 to 2021, by commodity group (in million euros), Import revenue in Poland 2021-2022, by major country, Value of Polish imports from selected countries of origin* from 2021 to 2022 (in billion euros), Foreign trade goods balance in Poland 2000-2022, Foreign trade goods balance in Poland from 2000 to 2022 (in billion zloty), Foreign trade balance in Poland 2020-2021, by countries, Balance of trade in Poland from 2020 to 2021, by countries (in billion euros), Foreign trade turnover in Poland 2021, by countries, Foreign trade turnover of goods in Poland in 2021, by countries (in billion euros), Annual gross domestic investment in Poland 2017-2021, Gross capital formation in Poland between 2017 and 2021 (in million zloty), Gross domestic product (GDP) per capita adjusted by purchasing power parity (PPP) in Poland from 2002 to 2021 (in U.S. dollars), Value of domestic demand in Poland from 2017 to 2021 (in million zloty), Manufacturing Purchasing Managers Index (PMI) in Poland from January 2018 to May 2023, Euro to Polish zloty monthly exchange rate 2014-2023, Euro (EUR) to Polish zloty (PLN) monthly exchange rate from January 2014 to April 2023, Forecast of WIBOR 3M rate level in Poland 2010-2025, Forecast of WIBOR 3M* rate level in Poland from 2010 to 2025, Value of money supply in Poland 2002-2022, Annual value of the money supply (M1, M2 & M3) in Poland from 2002 to 2022* (in billion zloty), M&A activity in Poland: deal numbers 2011-2022, Number of merger and acquisition (M&A) transactions in Poland from 2011 to 2022, Foreign direct investments in Poland 2010-2021, Balance of foreign direct investment in Poland from 2010 to 2021 (in billion euros). Please note this indicator is not cross country comparable. [37] As of October 2017, Poland's unemployment rate stood at 4.6% according to Eurostat. Following the economic reform of 1989, Poland's external debt has increased from $42.2 billion in 1989 to $365.2 billion in 2014. Poland's Top Exports 2022 Number of distinct NTM measures in effect in a country in a particular year. Leading sectors have historically included automotive, aerospace, information technology hardware and software, food products, transportation, pharmaceuticals, paper production,appliances,and financial services. Please check the, Latest trade data available from various sources, The data from various sources are not from the same year, For viewing trade, tariff data for country or region by year click here, Top 5 Products exports imports at HS 6 digit level, Overall Trade Restrictiveness Index (OTRI), Services Service Policy Restrictive Database (SPRD), Country Policy and Institutional Assessment (CPIA), GNI per capita, Atlas method (current US$). Poland has 412,264km (256,170mi) of public roads. In 2018, the Polish economy grew by 5.1% compared to 4.8% in 2017. Buoyed by soaring prices in the wake of Russia's invasion of Ukraine in February 2022, earnings from Australian liquefied natural gas ( LNG) exports have trebled from 2020-2021, reaching A$91bn, despite a lower volume of exports year-on-year. 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded. A survey by Ernst & Young in June ranked Poland as the second-best investment destination in Europe, behind Germany.
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