Exporting to Poland

The UK and Poland continue to enjoy a strong trading relationship. Poland is the UK’s 14th largest trading partner. In the year to June 2019, the total trade in goods and services between the UK and Poland amounted to £21.8 billion, an increase of 4.6% or £969 million compared to the previous year.

Stable, growing economy

The Polish economy has expanded consistently since 2014, with 5.1% growth achieved in 2018 and 4.0% predicted in 2019 (IMF, 2019). With inflation and unemployment low at 3.8% and 1.6% respectively in 2018 (IMF, 2018), the spending power of Polish consumers should continue to increase to the benefit of UK exporters.

Popularity of UK goods and services

Poland is a market that offers a wide range of opportunities for UK businesses. In the year to June 2019, the total UK exports to Poland amounted to £8.2 billion, an increase of 8.1% or £610 million compared to the previous year. Opportunities are particularly available for UK companies that specialise in the fields of financial services, energy, infrastructure and technology.

Strategic location

Located at the crossroads of European trade and transport routes, Poland is an good entry point for UK companies to other Central and Eastern European (CEE) countries as well as emerging markets further east.

Ease of doing business

33rd

out of 190 countries (World Bank, 2018)

Currency

Złoty

Business languages

Polish

you’re likely to need a translator

GDP per capita

$15,426

UK is $42,558 (IMF, 2018)

Economic growth

5.1%

(IMF, 2018)

Time zone

GMT + 1

Next steps

DIT can advise you on doing business abroad, and help put you in touch with other people who can help such as lawyers and distributors.