and Poles live exclusively Trump and his political show that has lasted for over a month
.
Although Poland's economy is little connected to the US economy, and most to the EU economy, and above all to the economy of our western neighbour, Poles have small interest in the socio-economic and political situation in Germany. This shows a kind of “carelessness” of Poles.
A fewer general comments on the theme
[Germany remained the country with the highest value of remittances. In the 3rd 4th of 2023 Poles working there transferred PLN 1.8 billion to the country. The second place was the United Kingdom, from which PLN 0.6 billion came to Poland.
Overall, the 2 countries accounted for 48.2 percent of all transfers] for: https://www.bankier.pl/news/Polacy-za-grey-send-to-country-billion-Stad-poplynel-highest-money-8693897.html
Poland has been a associate of the European Union since 2011. Many Poles went to Germany, among others, in search of better occupation prospects and higher standard of living. The Polish population in Germany is diverse, people from different backgrounds settle here. According to estimates from late 2021, about 871 1000 Poles lived in Germany. This makes our nation the second largest group of foreigners after the Turkish people surviving in our western neighbour.
For:The number of Polish workers in Germany continues to grow
W Germany has about 880 000 Polish citizens, while the full number of people of Polish origin in Germany is 2.2 million. Many Poles work in Germany and cross the border all day for this purpose. There are 130,000 to 300,000 Germans surviving in Poland. In terms of population, Germany (86.3 million people) and Poland (36.1 million) ranked first and 5th among the 27 EU associate States in 2023.
For:Germany and Poland have a lot in common
Official reports on the biggest partners in abroad trade in Poland:
Poland's biggest trading partners
The Polish economy and its export structure in 2023 and 2024 are powerfully linked to global markets, with the EU countries, especially Germany, as well as China and the United States, playing the biggest role. In the face of changing economical and geopolitical conditions, Poland strengthens its trade relations with selected countries while seeking fresh partners in another markets specified as Asia, North America and the mediate East.
Germany – Poland's biggest trading partner
Germany has been the most crucial trading partner in Poland for years. In 2023 the German marketplace was liable for 28% of full exports from Poland, which translated into a value of PLN 264.5 billion, while imports amounted to PLN 181.1 billion, or about 20% of the full Polish imports. The main export products to Germany are motor vehicles and their parts, machinery, electrical equipment and foodstuffs. common economical links are besides supported by direct investments; German companies are 1 of the most crucial abroad investors in Poland, which strengthens economical relations between both countries. Poland notes a affirmative trade balance with Germany, which is beneficial for the balance of payments and strengthens the position of Polish manufacture in the European market.
China – strategical partner and challenge
China ranks second in terms of import value to Poland, even though the trade structure here is asymmetrical. Imports from China, mainly including electronics, textiles, electrical equipment and industrial products, amounted to about PLN 123.2 billion in 2023, which accounts for 13.3% of the full Polish imports. Poland exports only 1% of Chinese exports to China, which translates into a crucial trade deficit. Nevertheless, the Chinese marketplace remains attractive to Polish companies, which specialize in delivering specialized products specified as furniture, agri-food products, copper and selected machines.
France and the Czech Republic – unchangeable partners from the European Union
France and the Czech Republic play a key function in Polish exports, accounting for 6.3% of exports from Poland, with exports to France amounting to about PLN 59.2 billion and to the Czech Republic PLN 59.4 billion. From Poland to France, mainly machines, automotive products, furniture, as well as food and plastics are sent to France. Trade relations with France are constantly developing, as can be seen from the increase in export value. Poland imports mainly vehicles, electrical equipment, plastics and pharmaceutical products from France. France is besides the 3rd largest abroad investor in Poland, which translates into an increase in the number of French companies on the Polish market.
United Kingdom, Italy and the Netherlands – crucial export markets
The UK, despite its brexit, remains 1 of Poland's key trading partners. Exports to this country amounted to around PLN 46.9 billion in 2023 and mainly includes automotive products, machinery, furniture and food. Italy and the Netherlands are besides crucial partners in abroad trade in Poland. Exports to Italy amounted to PLN 44.2 billion and to the Netherlands – PLN 41.7 billion. Poland exports vehicles, machinery and agri-food products to Italy and imports cars, vehicle parts, medicines and industrial products from this country. The Netherlands is simply a crucial supplier of technological and agricultural products.
United States – key non-European partner
The United States is an crucial trading partner of Poland outside Europe, ranked seventh in the ranking of Polish exports. The value of exports to the US amounted to PLN 29.1 billion in 2023 and mainly includes machines, electrical equipment, agricultural products and furniture. On the another hand, imports from the USA amounted to PLN 39.3 billion and afraid mainly machines, electronic equipment and chemicals products. The US trade balance is almost equal, and the United States is besides 1 of the most crucial abroad investors in Poland, supporting the improvement of technological and service sectors.
New challenges and directions for developing abroad trade
The year 2023-2024 brought many challenges for Polish trade, including the rising prices of natural materials and the energy crisis resulting from the war in Ukraine. Production and transport costs increased, forcing Polish companies to adapt to the fresh reality. The import of mineral fuels, previously dominant in the pattern of trade, decreased by 5.9% due to trade restrictions linked to Russia. As a result, Poland has established closer relations with suppliers from Norway and the USA, which allows to diversify sources of supply.
Faced with global challenges, Poland seeks to make its presence in markets with advanced growth potential, specified as the mediate East, Africa and South America. Promotion of exports and support programmes for Polish companies operating on global markets can importantly contribute to the growth of trade. In the 2024 perspective, exports are expected to further increase, in peculiar in the technological, agricultural and food sectors, which will aid Poland keep dynamic growth and increase its share of the global market.
Poland seeks to strengthen its position as a key exporter in the region, supporting innovation and fresh technologies and cooperating with selected non-European markets. These actions aim at diversifying export structures and reducing dependence on the main partners, which will be crucial for further geopolitical changes.
For: https://www.poland-export.pl/g/wpolpraca-z-foreign-47/articles/wiexi-partners-trade-Polish-7103.html
Exports and imports from January to August 2024
The Central Statistical Office presented data on abroad trade turnover in general and according to countries in the period January – August 2024.
According to the report, full exports in the first 8 months of 2024 amounted to EUR 229.6 billion, which represented a value of 2.2% lower than in the same period last year. This data proved to be akin to the KIG forecasts. In the period I – VII 2024 exports were lower by 2.5% than in the erstwhile year.
Germany remains Poland's main trading partner
In the first 8 months of 2024, our exports reached EUR 61.9 billion and at the same time proved 6.5% lower than the erstwhile year. In period I – VII 2024 exports to Germany were lower by 6.8% compared to the erstwhile year.
Exports to another euro area countries reached EUR 72.0 billion in the first 8 months of the year and proved to be 2.3% lower than in the same period last year. Let us remind that in the first 7 months of the year there was a decrease in exports y/y by 3.0%. It is worth noting the sales to France (EUR 14.1 billion, a decrease of 2.0%), the Netherlands (EUR 10.6 billion, an increase of 1.7%), Italy (EUR 10.4 billion, a decrease of 3.5%), Spain (EUR 6.7 billion, an increase of 3.8%) and Slovakia (EUR 6.0 billion, a decrease of 7.2%).
For EU countries outside the euro area, exports amounted to EUR 34.8 billion and proved to be -1.9% lower than the erstwhile year (in period I – VII 2024 there was a decrease of 2.4%). This is dominated by sales to the Czech Republic (EUR 14.2 billion, decrease by 5.0%).
In the period I-VIII 2024, export results with highly developed countries outside the EU (EUR 28.6 billion – a level higher than the erstwhile year by 5.2%), e.g. to the UK (EUR 12.3 billion, an increase of 6.4%) and to the US (EUR 7.7 billion, an increase of 7.0%).
In the period I-VIII 2024, goods were exported to the countries of Central and east Europe totalling EUR 12.0 billion (an increase of 3.7%), mainly to Ukraine (EUR 8.2 billion, an increase of 14.7%). Exports to developing countries were EUR 19.3 billion lower than the erstwhile year by 1.3%.
Import analysis
In the first 8 months of 2024 full imports amounted to EUR 227.1 billion, which represented a value of 0.1% lower than in the same period of the erstwhile year. These data are akin to those forecast by KIG. In period I – VII 2024 imports were lower than in the erstwhile year by 0.9%.
Our imports from Germany in the first 8 months of 2024 amounted to EUR 44.6 billion and at the same time proved to be 1.9% lower than the erstwhile year (in period I – VII 2024 there was a decrease of 2.1%).
Imports from another euro area countries amounted to EUR 52.5 billion and proved to be 1.2% lower than the erstwhile year (in period I – VII 2024 the consequence was lower than in the erstwhile year by 1.0%). The consequence achieved with Italy (EUR 10.8 billion, a drop of 3.6%), Holland (EUR 8.5 billion, a decrease of 4.9%), France (EUR 7.9 billion, an increase of 5.7%) draws attention.
Imports from EU countries outside the euro area amounted to EUR 24.4 billion (no change from the same period last year) including from the Czech Republic (EUR 7.4 billion, 1.2%).
Imports from highly developed countries outside the EU (EUR 27.8 billion, an increase of 4.4%), as in the case of exports, were mostly made by contacts with the US (EUR 11.5 billion, an increase of 17.2%). A large share of imports from South Korea (EUR 6.1 billion, a decrease of 6.7%), Norway (EUR 5.4 billion, an increase of 6.8%) is besides visible.
From the countries of Central and east Europe, goods were purchased at EUR 4.8 billion (decreased by 10.5%) and from developing countries EUR 73.1 billion (decreased by 1.0%) – mainly due to China, our second import partner (EUR 31.6 billion, increase by 1.9%). In the case of China, it is worth paying attention to differences in import values depending on the country of origin or country of dispatch. This difference in the period I-VIII 2024 amounts to EUR 11.4 billion (EUR 31.6 billion by country of origin and EUR 20.2 billion by country of dispatch respectively), meaning that a crucial proportion of imported Chinese goods are exported to Poland through intermediaries or entering the EU marketplace (checked) in another countries.
In the first 8 months of 2024, a surplus of EUR 2.5 billion was recorded in the freight exchange. The results with different countries or groups of countries varied widely. For Germany, we have achieved a surplus of EUR 17.3 billion. With the remainder of the euro area, we have achieved a surplus of EUR 19.5 billion. A surplus of EUR 11.4 billion has been achieved with EU countries outside the euro area. For highly developed countries outside the EU, the surplus reached EUR 0.8 billion. With the countries of Central and east Europe, we had a surplus of EUR 7.2 billion in exchange. However, the deficit is recorded for the exchange with developing countries – EUR 53.8 billion (of course mainly due to the deficit in trade with China).
https://stat.gov.pl/files/gfx/portal information/en/defaultupdates/5471/2/14/1/information_o_sizes_i_directions_temporary_emigration_z_polski_w_years_2004-2020.pdf
————————————
Elections in Germany 2025 live: Voting in progress, right-wing CDU leads in the race
Around 59 million Germans have the right to vote in early elections to decide who will regulation the largest economy of the euro area.
The Conservative Christian Democratic Union (CDU) leads a poll with 30 percent, an utmost right-wing alternate for Germany (AfD) is to win 20 percent, while the incumbent Social Democratic organization (SPD) ranks 3rd with 15 percent.
The drowsy economy, immigration and war in Ukraine at the top of the polling list.
The polls were opened at 8am local time (07:00 GMT). Exit polls will be published as shortly as the vote is over at 18:00 (17:00 GMT).
for:German election 2025 live: Voting under way as right-wing CDU leads race
———————
Video Appendix:
---------
(choice and crowd. PZ)
