Portal Poland-Export

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Polish exports after 1989 have come a long way, playing a key role in the country's economic development. The transition from a centrally planned economy to a market economy enabled Polish businesses to access new foreign markets. Polish companies began competing in international markets, which contributed to the growth in export value.

As a result of changes in the structure of the Polish economy, the share of the private sector and the manufacturing industry increased. Export, which began to grow rapidly, enhanced the competitiveness of Polish companies in the international market.

In the early period of economic transformation, the value of Polish exports as a percentage of GDP was 15%. At the same time, export revenues covered 60% of import expenses. A decisive turning point was Poland's accession to the European Union. During its membership in the EU, the value of Polish exports increased fivefold.

Significant changes in the geographical structure of Polish exports can be observed over the past few years. As a result of economic transformation, Poland began exporting its goods to an increasing number of countries. It is worth noting that in recent years, Poland has increased its presence in foreign markets, both in Europe and on other continents, which has contributed to the growth of Poland's competitiveness in the international market.

Key Foreign Markets for Polish Exports

Among the foreign markets to which Poland exports, several key directions can be distinguished. The most important foreign market for Polish exports is the European Union, which accounts for about 80% of export value. Among the EU countries, the largest recipients of Polish goods are Germany, the United Kingdom, the Czech Republic, France, and Italy. Poland also exports its goods to non-European markets such as the United States, South Korea, China, and Canada, but their share in Polish exports is much smaller.

An important aspect contributing to the increase in export value is also the participation of Polish companies in global value chains. In recent years, there has been an increase in Poland's share of international trade. It is worth noting that in the past few years, the share of Polish companies in service exports has also increased, which has further contributed to the growth in export value.

The most frequently exported products come from sectors such as the automotive, machinery, chemical, and food industries. Among them, the following are worth mentioning:

• - Passenger cars and car parts,
• - Chemical products, including cosmetics and cleaning products,
• - Food products, including meat products, dairy, sweets, as well as fruits and vegetables,
• - Furniture, including upholstered furniture, kitchen furniture, and chairs and tables,
• - Industrial machinery and equipment,
• - Joinery, including PVC windows and doors, aluminum and wooden windows and doors,
• - Lead-acid and lithium-ion batteries,
• - Yachts and boats.

We are also seeing an increase in the export of high-value-added products, such as electronics, medical equipment, pharmaceuticals, and dietary supplements. It is worth noting that the total export value includes products from various sectors, which demonstrates the diversification of the Polish economy and its ability to adapt to changing conditions in international markets. As a result, the future of Polish exports looks even more promising, provided the right steps are taken. Poland has the opportunity to strengthen its position in international markets, which will contribute to the further economic development of the country.