Contact us at office@eu-canada.com

Poland

Economy

The most important sectors of Poland’s economy in 2018 were % wholesale and retail trade, transport, accommodation and food services (26.2%), Industry (25.6%) and public administration, defence, education, human health and social work activities (14.0%). Currency: PLN GDP Per Capita: 15,595.2 USD (2019) GDP Growth Rate: 4.1%annual change (2019) Gross Domestic Product: 660,195.01 million (2019) GNI Per Capita: 30,410 PPP dollars (2018)

Poland

Foreign Trade

Poland’s main export partners are Germany, UK and the Czech Republic while its main import partners are Germany, Russia, and China. Exports: The top exports of Poland are Vehicle Parts ($14.7B), Cars($7.25B), Seats ($6.24B), Other Furniture ($5.33B), and Video Displays ($4.77B). Imports:The top imports of Poland are Crude Petroleum($12.1B), Cars ($10.7B), Vehicle Parts ($9.18B), Broadcasting Equipment ($5.4B), and Packaged Medicaments ($5.15B). Poland exports mostly to Germany ($70.7B), Czechia ($16.1B), United Kingdom ($15.9B), France ($14.3B), and Italy ($11.8B), and imports mostly from Germany ($70.9B), China ($25.3B), Italy ($15.8B), Russia ($15.4B), and Netherlands ($13.2B).

Finances with European Union

Breakdown of Poland’s finances with the EU: Total EU spending in Poland :16.350 billion Total EU spending as %of Polish gross national income (GNI) : 3.43% Total Polish contribution to the EU budget : 3.983 billion Polish contribution to the EU budget as % of its GNI : 0.84%