The Polish economy exhibits strong, continuous growth. During the financial crisis Poland was the only growing economy in EU and is now similar in size as the Swedish one. During 2016 the growth rate was 2.7 percent, among the highest in EU. The real gross domestic product has doubled during the last 25 years and adjusted for purchasing power the gap to Western Europe has decreased by half.
With a population of 38 million Poland is a market with high potential for Swedish companies. The trade with Poland grows and the country becomes increasingly important export market for Swedish products. Swedish exports to Poland have nearly doubled during the last 10 years and amounted to 39 billion Swedish kronor in 2016. Exports per capita are still three times smaller than to the Baltics, which means large potential for further growth.
There are many business opportunities in Poland for Swedish companies, mainly in environmental engineering where there is a shortage of innovative solutions to meet high EU standards and there is EU funding available, growing space industry where Poland recently has become a member of the European Space Agency, defense industry with large and growing defense budget and need for modernization of the armed forces, healthcare sector that will benefit from EU funds during the current programming period to cover demographic and epidemiological needs of the society, traffic safety where number of traffic fatalities still is among the highest in EU, growing retail sector with growing middle class in the large cities that demands foreign high-quality products, including food, as well as wood industry where there is a shortage of high-quality wood to satisfy the growing demand.
Business Sweden operates in Poland since 1991 through an office in Warsaw. The office employs 8 Polish and Swedish speaking, experienced consultants with wide contact network.
Swedish companies most often task us with analyzing the Polish market, finding suitable distributors, customers or suppliers, as well as establishing local presence and finding suitable key persons to the local business. We also organize events in prioritized sectors with large business opportunities. Contact us and we will tell you more about Poland as an export market and how Business Sweden can support you, based on your situation and needs.