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 %
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.
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.
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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