Doing Business in Poland Guide

Five things to know about exporting to Poland

• Poland has a resilient economy and has enjoyed uninterrupted growth since 1992. Longer term, Poland has catch-up growth potential remaining to developed economies. According to PwC, the economy is forecast to grow around 3% per annum until 2030 and 2.5% per annum until 2050.
• The EU has allocated €82.5 billion to Poland through the structural and cohesion fund programme. This will help maintain Poland as a market offering growth, stability and good prospects for UK business. The EU funds will contribute to investment in Polish infrastructure, environmental and technology projects, human development and regional development.
• Poland’s international trade continues to develop. The EU now accounts for 77.1% of Polish exports, but by 2020 is projected to fall to 72.7% as Poland opens more towards markets in Africa and South America. An early example of this diversification is the recent rise of food exports to Africa after Russia’s embargo in 2014.
• The World Economic Forum’s Global Competitiveness report 2016-17 ranks Poland 36^th out of 138 (the UK is ranked 7^th), five places higher than the previous year.
• The healthcare sector is one of the fastest growing in Poland and private healthcare services are particularly dynamic. This comes with rapid development of huge number of private clinics, higher spending on medical equipment, rehabilitation services and diagnostics tests. Polish people are more affluent and therefore they spend more on medicines and additional healthcare-related services. These days there are plenty of opportunities for UK exporters to introduce their innovative medical devices or pharmaceuticals to the Polish market.