The industries with the best exports prospects are furniture, followed by cereal products and baked goods, and the automotive sector, according to the “Exports TOP50” ranking compiled by lender BZ WBK.
The furniture industry has maintained its top position, thanks to high growth rate of 12 percent y/y recorded last year and the largest trade surplus of PLN 36.932 billion in 2016. Last year, the furniture industry exported a total of PLN 48 billion worth of products.
Cereal and baked goods also kept their second position in the ranking, while chocolate products jumped four spots to the fourth place in this year’s ranking. Meat products ranked ninth.
The automotive industry advanced three spots to the third position. Last year, Poland exported PLN 95.446 billion worth of cars and car parts, marking an 18 percent increase y/y. Interestingly, another transportation category, aircraft, spacecraft and their components, ranked in the 16th position.
Cosmetics and chemicals industry took the fifth spot in the ranking, climbing 11 spots over the past year, while wood products, including windows, doors and floor panels ranked sixth.
Here’s the Top 10 most promising export industries for Poland:
|Category||Exports in 2016 (mln PLN)||Exports growth 2016/2015|
|2.||Cereal and baked goods||8,739||17%|
|4.||Chocolate and cacao products||6,505||5%|
|5.||Cosmetics and chemicals||11,787||16%|
|6.||Wood products, windows & doors||16,768||10%|
|7.||Books, print media||5,802||13%|
|9.||Meat and meat products||17,758||8%|
|10.||Machines, electrical appliances||90,885||1%|