Trading Partner Portal: Poland
Poland is a high income country east of Germany in Central Europe. It has a population of nearly 38 million people with a total gross domestic product (GDP) of $477.06 billion in 2015. Poland is also a member of the European Union (EU) and was the only member of the EU to escape recession in wake of the 2008 global economic crisis. Poland has expanded policies to support economic liberalization and has benefited from strong service and industry sectors. World Bank, CIA
According to a White House Fact Sheet in July 2016, “more than 200,000 Poles are employed directly by U.S. companies, and U.S. firms are some of the largest sources of foreign direct investment in Poland, having invested more than $30 billion in the country.”
The United States and Poland have a beneficial trade relationship. Exports to Poland from the US have steadily increased since 2009. In 2016, the US exported $3.6 billion of goods to Poland. Approximately $1 billion of the exports was categorized as transportation equipment, which accounted for 27.8% of total exports from the US to Poland. Other top exports from the US to Poland were computer and electronic products, with a total of $475 million, and non electrical machinery, with a total of $417 million. In concurrence with the trend of the exports to Poland, imports from Poland have also steadily increased from 2009. The United States imported $5.9 billion worth of goods from Poland in 2016. 25.4% and $1.5 billion of those imports were transportation equipment. The US also imported $827 million of computer and electronic products and $560 million of non-electrical machinery. US Department of Commerce
Poland- California Trade
In the United States, California is the second largest exporter of goods to Poland. California exported $328 million of goods to Poland in 2016, 39.4% of which were computer and electronic products with a total of $129 million. Transportation equipment was another leading export totaling $66 million, followed by beverages and tobacco products with a value of roughly $27 million. California is also the fourth largest importer of Polish goods in the United States. In 2016, the California imported $355 million worth of goods from Poland. The largest import was computer and electronic products, accounting for 30.9% of total imports into California from Poland ($180 million). Furniture fixtures were another leading import to California from Poland, with a value of $41 million. US Department of Commerce
FACT SHEET: U.S.-Poland Relations
White House, July 8, 2016
Trade Agreements and Issues
Transatlantic Trade and Investment Partnership (TTIP)
Poland is one of the nations that is currently involved in negotiations for the Transatlantic Trade and Investment Partnership (TTIP) with the rest of the European Union and the United States. The United States and the European Union have a strong bilateral trade relationship totaling $698.7 billion in 2015. A free trade agreement, such as TTIP, desires to strengthen that relationship by eliminating tariffs, aligning compatible regulations to open trade, and furthering trade in the service sector.
On May 27, 2015, the California Chamber of Commerce held an International Forum on the Transatlantic Trade and Investment Partnership and the Transpacific Partnership with speakers including members of the United States Chamber of Commerce, representatives from five American Chambers of Commerce from abroad, and two ambassadors. Also in attendance was a delegation totaling 25 members of the AmCham community representing Bulgaria, Croatia, Denmark, Estonia, France, Greece, Ireland, Israel, Kosovo, Latvia, Lithuania, Macedonia, Norway, Poland, Romania, Serbia, Slovak Republic, Slovenia, and Turkey.