Expanded German-Polish Trade Volume During the Initial Half of the Year
Germany's trade with Poland has reached unprecedented heights, marking a significant milestone in the German-Polish trade relationship. According to the East Committee of the German Economy, business with Poland has been exceptional, with the trade volume between the two countries climbing to over 90 billion euros.
In the first half of the year, Germany's trade with Poland increased by 4.6 billion euros, reaching a historic €90 billion. This growth places Poland as Germany's fifth most important trading partner, just behind France. The East Committee of the German Economy in Berlin has stated that this exceptional performance is set to continue in the second half of the year, with Germany's trade with Poland forecasted to surpass the record-breaking 90 billion euros set in the first half.
The German government is actively supporting the expansion of trade with Eastern and Southeastern European countries, including Poland. This support is aimed at fostering economic growth and job creation. The growth in trade between Germany and Poland is seen as a key factor in promoting economic stability and cooperation in Europe.
The automotive industry is a significant driver of this growth, with Poland’s improved automotive sector exports (passenger cars, buses, and road tractors) benefiting German trade. Clothing, toys, and pharmaceutical products—many re-exports—also fuel trade between the two countries.
Since Poland’s accession to the EU in 2004, economic integration has deepened, facilitating smoother trade and joint development efforts within the EU framework. Trade with some Eastern partners like Ukraine surged by 30%, reflecting strong demand despite regional complexities. In contrast, trade with Russia fell sharply, being outpaced by countries such as Serbia, Croatia, and Lithuania.
Logistics efficiency, especially concerning truck procedures and tolls, is a focal point to maintain growth momentum. While border checks have had limited impact on trade volumes, ensuring smooth logistics operations is crucial for sustaining the momentum of this growing trade relationship.
Looking ahead, the East Committee of the German Economy expects continued growth in the German-Polish trade relationship. As Germany's export industry continues to see potential in trade with Eastern and Southeastern European countries, particularly Poland, the future of this trade relationship looks promising. Poland's gradual economic recovery and accelerating GDP growth support import growth, while the eurozone's economic weakness constrains export growth.
In conclusion, Germany’s expanding trade with Poland and other Eastern and Southeastern European countries is driven by growing bilateral exports/imports, deepening EU integration, sectoral complementarities (notably automotive and pharmaceuticals), and evolving geopolitical and economic contexts. Poland’s role is central, acting both as a key trading partner and a strategic hub within this growing eastern trade corridor.
The growth in Germany's trade with Poland is not limited to the automotive industry; clothing, toys, and pharmaceutical products also contribute significantly to the trade volume. The German government's support for trade expansion with Eastern and Southeastern European countries, particularly Poland, is aimed at fostering business and financial growth.
