- Access Finance
- Case Studies
-
Informing today's market
Financing tomorrow's trade
Soft Commodities Trader
Due to increased sales, a soft commodity trader required a receivables purchase facility for one of their large customers - purchased from Africa and sold to the US.
Metals Trader
Purchasing commodities from Africa, the US, and Europe and selling to Europe, a metals trader required a receivables finance facility for a book of their receivables/customers.
Energy Trading Group
An energy group, selling mainly into Europe, desired a receivables purchase facility to discount names, where they had increased sales and concentration.
Clothing company
Rather than waiting 90 days until payment was made, the company wanted to pay suppliers on the day that the title to goods transferred to them, meaning it could expand its range of suppliers and receive supplier discounts.
Get Trade Finance
Informing Today’s Market, Financing tomorrow’s Trade.
-
- Case Studies
Exporting to Poland
Poland Country Profile
Official Name (Local Language) Rzeczpospolita Polska
Capital Warsaw
Population 38,523,261
Currency Polish Zloty
GDP $467.4 billion
Languages Polish
Phone Dial In 48
Poland Imports Profile
Imports ($m USD) 217,979
Number of Import Products 4,505
Number of Import Partners 233
Poland Economic Statistics
Government Website | https://www.premier.gov.pl/en.html |
| Sovereign Ratings | https://countryeconomy.com/ratings/poland |
| Central Bank | National Bank of Poland |
| Currency USD Exchange Rate | 4.056 |
| Unemployment Rate | 9.6% |
| Population below poverty line | 17.6% |
| Inflation Rate | -0.8% |
| Prime Lending Rate | 1.5% |
| GDP | $467.4 billion |
| GDP Pro Capita (PPP) | $27,700 |
| Currency Name | Polish Zloty |
| Currency Code | PLN |
| World Bank Classification | High Income |
| Competitive Industrial Performance | 36/138 |
| Corruption Perceptions Index | 36/180 |
| Ease of Doing Business | 33/190 |
| Enabling Trade Index | 31/136 |
Access trade, receivables and supply chain finance
We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get StartedExporting to Poland
The main exports of Poland are vehicle parts (around $10B), cars (around $5.5B), seats (around $4B), refined petroleum (around $4B) and video displays (over $3.5B). The main export destinations of Poland are Germany (around $45B), the United Kingdom ($12B), France (around $11B), the Czech Republic (around $11B) and Russia ($10B). The main import countries are Germany (around $45B), Russia ($20B), China ($19B), Italy ($11B) and the Netherlands (around $8B).
Exporting to Poland: What is trade finance?
The main exports of Poland are vehicle parts (around $10B), cars (around $5.5B), seats (around $4B), refined petroleum (around $4B) and video displays (over $3.5B). The main export destinations of Poland are Germany (around $45B), the United Kingdom ($12B), France (around $11B), the Czech Republic (around $11B) and Russia ($10B). The main import countries are Germany (around $45B), Russia ($20B), China ($19B), Italy ($11B) and the Netherlands (around $8B).
Exports in Poland have increased to almost 170 EUR Million a year on average. It was the highest annual exports recorded so far. Exports in Poland have averaged around 8000 EUR Million from 2000 until around 2015 and reached a peak of around 15500 EUR Million in November of 2015 and a low of 2500 EUR Million in January of 2000. The main export of Poland is of processed fruit, dairy products, vegetables, and meat. They also export electromechanical products, vehicles, aircraft and vessels. Poland is the largest of the newer European Union (EU) member states. It has been one of the fastest developing countries in the EU in recent years. In 2014 its Gross Domestic Product (GDP) increased by over 3%.
Chart Showing GDP Growth Compared to rest of world
GDP Composition for Poland
Agriculture
2.7%
Potatoes, fruits, vegetables, wheat; poultry, eggs, pork, dairy
Industry
38.5%
Machine building, iron and steel, coal mining, chemicals, shipbuilding, food processing, glass, beverages, textiles
Services
58.9%
Map
Top 5 Imports Partners
| Country | Trade | % Partner Share |
| Germany | 49,469 | 22.69 |
| China | 26,474 | 12.15 |
| Russia | 14,761 | 6.77 |
| Italy | 10,935 | 5.02 |
| France | 8,396 | 3.85 |
Top 5 Imports Products
| Export Product | Number |
| Petroleum oils and oils obtained from bituminou | 4.2% |
| Other medicaments of mixed or unmixed products, | 4.1% |
| Parts and accessories of automatic data process | 3.4% |
| Petroleum oils, etc, (excl. crude); preparation | 2.0% |
| Transmission apparatus, for radioteleph incorpo | 1.8% |
Speak to our trade finance team
