Exports from Poland will double before 2030

Polish exports will grow by 5-6 percent per annum in the coming years and its value may reach $500 billion until 2030, according to estimates by analytical institute Oxford Economics for HSBC bank. Poland will experience greater diversification of export destinations and its commodity structure will evolve towards more technologically advanced products. According to the report, Germany will remain the biggest recipient of Polish products, with Great Britain and France also being among top importers. New export destinations will include Malaysia, Vietnam and Bangladesh. The main categories of exported products will remain industrial machinery and transport equipment, however, commodities from the ICT and pharmaceuticals sectors will gain in importance.