Estonia–Poland Trade Relations I Q
-
Trade
Volume:
- The total trade volume between Estonia and Poland is approximately €1.2–1.3 billion annually.
- In February 2025, Estonia's trade deficit was €59.5 million.
- The total trade volume between Estonia and Poland is approximately €1.2–1.3 billion annually.
- In February 2025, Estonia's trade deficit was €59.5 million.
- Estonia’s exports to Poland: ~€640 million.
- Poland’s exports to Estonia: ~€480 million.
- Estonia runs a slight surplus with Poland, but the overall trade balance is a deficit of €860 million.
Trends:
- Both exports and imports grew by 14% year-over-year.
- In March, exports rose by 17%, imports by 13%.
- Main export categories: electrical equipment, timber, agricultural products.
- Main import categories: transport equipment, food, electrical equipment.
SWOT Analysis:
S – Strengths: Poland is one of Estonia's key and stable trade partners.
W – Weaknesses: Limited export structure, trade deficit.
O – Opportunities: High-tech exports, supply chain collaboration.
T – Threats: Global instability, customs and logistics risks.
Recommendations:
- Broaden the range of export products.
- Reduce the trade deficit.
- Strengthen cooperation in Polish supply chains.
Conclusion:
Poland is a significant trade partner for Estonia, but import growth outpaces export growth. A strategic approach and full use of partnership potential are necessary.
Add a comment