FOREIGN TRADE ANALYSISANASTASIA KORNIETSKAYA, HUN SEO, EWA WILCZKO,

YEONG WUN, MICHAL ZABEK

POLANDANASTASIA KORNIETSKAYA, HUN SEO, EWA WILCZKO,

YEONG WUN, MICHAL ZABEK

TRADE BALANCE

Total exports $214,476,794,173

Total imports $216,687,292,345

Trade balance -$2,210,498,172

The success of Polish net export with most developed economies indicates an impressive competitiveness of goods in terms of price, quality and cost.

DEU GBR CZE FRA ITA RUSNLD SWE HUN SWK Other

Top 10 Export Partners

Export volume

Germany $55,615,019,292

United Kingdom $13,663,254,216

Czech Republic $13,421,228,541

France $12,018,234,400

Italy $9,721,503,042

Russia $9,408,376,262

Netherlands $8,882,365,671

Sweden $6,105,649,515

Hungary $5,652,912,850

Slovakia $5,351,192,896

EXPORTS

DEU RUS CHN ITA FRA NLDCZE GBR USA BEL Other Top 10 Import

PartnersImport volume

Germany $47,026,898,678

Russia $23,405,595,053

China $22,992,571,992

Italy $11,388,322,745

France $8,067,558,499

Netherlands $8,060,600,914

Czech Republic $7,621,061,746

United Kingdom $4,483,480,799

United States $5,386,900,147

Belgium $5,186,292,236

IMPORTS

TOP 10 EXPORT GOODSTop 10 Export Goods Export volume

84 (Industrial Machinery) $27,759,010,863

85 (Electrical Machinery) $25,217,916,575

87 (Motor Vehicles & Parts) $22,528,840,976

94 (Furniture) $11,940,149,267

39 (Plastics) $9,590,797,617

27 (Oil & Mineral Fuels) $8,878,974,680

73 (Iron & Steel Articles) $7,070,267,234

89 (Ships & Boats) $5,627,553,514

48 (Paper) $5,565,954,426

40 (Rubber) $5,220,322,329

84 85 87 94 3927 73 89 48 40Others

TOP 10 IMPORT GOODSTop 10 Export Goods Export volume

84 (Industrial Machinery) $26,625,051,660

85 (Electrical Machinery) $25,012,468,823

27 (Oil & Mineral Fuels) $23,411,138,145

87 (Motor Vehicles & Parts) $17,308,352,465

39 (Plastics) $12,709,162,453

94 (Furniture) $11,940,149,267

39 (Plastics) $9,590,797,617

72(Iron & Steel) $8,294,436,887

30 (Pharmaceuticals) $5,913,377,706

73 (Iron & Steel Articles) $5,191,307,368

48 (Paper) $4,879,160,484

90 (Precision Instruments) $4,508,479,491

84 85 27 87 3972 30 73 48 90Others

CHANGING ENVIRONMENT OF 2015

Based on the date for three consecutive quarters of 2015, Polish export of goods is strengthening to reach 164 billion EUR, which constitutes a 7.3% increase as

compared to year 2014. Importantly, even though official yearly data have not been presented as to this date, it is expected to show surplus in trade of goods first time

in history.

COUNTRY EXPORT VALUE

Germany 44 436 mln EUR

UK 11 004 mln EUR

Czech republic 10 788 mln EUR

France 9 115 mln EUR

Italy 7 809 mln EUR

Netherlands 7 220 mln EUR

Russia 4 698 mln EUR

Sweden 4 472 mln EUR

Hungary 4 359 mln EUR

Spain 4 273 mln EUR

TRADE IN SERVICES

Total exports 36,3 billion EUR

Total imports 27,2 billion EUR

Trade balance 9,1 billion EUR

Exports of goods and services 46,09 %

Imports of goods and services 44,2 %

Polish economy experienced a surplus in trade in goods and services at a level of 6.4 billion EUR.

ABSOLUTE ADVANTAGE

Poland is the only producer of within bio-coal in the world (produced by FLUID), a

product used in energy sector as an alternative fuel and in environmental sector

as well as in agriculture.

Moreover, Poland remains the behest producer of silver in the

world.

COMPARATIVE ADVANTAGE

Furniture production TobaccoEngine production

TRADE POLICIES

European Single Market enables free movement of people, goods, services and capital.EU market not always encourages trade.

Agricultural and fishery sectorQuotas on milk production

EU SANCTIONS AGAINST RUSSIA

As a result of implementation of economic sanctions against Russia due to its involvement in Ukraine, Russian government banned number of agricultural and

food products originating in the EU, valid until August 2016.

DCFTA - FTA EU - UKRAINE

TAX FREE AREA BELARUS

CERTIFICATES FOR MILITARY EQUIPMENT

EVALUATION

EVALUATION

Beside those concerns benefits from EU funds, advantage of Special Economic Zones, ability to access whole European market and other

advantages mentioned above shows that Poland is one of the best places to begin investing in.

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